News
Talks Break Off in Panama Canal Contract Dispute
The Panama Canal Authority (PCA) has broken off talks with a Spanish-led building consortium in a dispute over $1.6 billion in cost overruns during work to expand one of the world's most important ...
Google Deal with European Commission in Sight
Google has offered further concessions to address regulatory concerns about its search technology, the European Commission said on Wednesday, effectively settling a three-year investigation and ...
FIO Chief McRaith Dismisses State v. Fed Debate as ‘Relic’
The state versus federal oversight discussion is a "binary debate" that is a relic of a bygone era, the director of the Federal Insurance Office told lawmakers at a Congressional hearing Tuesday. FIO ...
RSA Insurance Turns to Ex-RBS Boss Hester as CEO
RSA Insurance Group Plc hired former Royal Bank of Scotland Group Plc Chief Executive Officer Stephen Hester to lead the U.K. insurer, as it seeks to put a scandal at its Irish unit behind it. ...
AIG Ex-CEO Greenberg Loses Bid to Remove Judge From New York AG Case
Maurice "Hank" Greenberg, the former chairman of American International Group Inc., lost his bid to remove a judge from a lawsuit brought in 2005 by the New York state attorney general accusing him ...
FOREX Market Lawsuits Mount
As investigations into alleged manipulation of the global foreign exchange market advance, class actions against the world's biggest banks are piling up, exposing the banks to potentially billions of ...
AXIS Sets Up Healthcare Liability Insurance Unit
AXIS Capital Holdings Limited announced Monday that Kimber Lantry will lead a newly formed Healthcare unit at AXIS Insurance. The unit will focus on providing professional liability insurance and ...
U.S. Insurance Labor Outlook Study Webinar Next Week
The Jacobson Group and Ward Group will reveal the results of the Semi-Annual U.S. Insurance Industry Labor Outlook Study in a complimentary webinar presentation on Feb. 18, 2014, at 2:00 p.m. EST. ...