News
Republican Plan Includes Asset Tax for Largest Insurers, Banks
The biggest U.S. banks and insurance companies would have to pay a quarterly 3.5 basis-point tax on assets exceeding $500 billion under a plan to be unveiled this week by Congress's top Republican ...
Rolls-Royce Drone Ships Promise Safer, Cheaper Cargo Industry
In an age of aerial drones and driverless cars, Rolls-Royce Holdings Plc is designing unmanned cargo ships. Rolls-Royce's Blue Ocean development team has set up a virtual-reality prototype at its ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
Zynga Shareholder Suit Dismissed
Zynga Inc. has won the dismissal of a lawsuit in which shareholders accused the online gaming company of fraudulently misleading them about its financial and business prospects before and after its ...
U.S. Government Looking to Boost Energy Infrastructure Amid Shale Boom
The Obama administration will look for ways the federal government could spur investment to improve infrastructure for transporting oil and natural gas supplies around the country, U.S. Energy ...
Supreme Court Allows Consumer Class Actions to Move Forward in Whirlpool, Sears Case
The U.S. Supreme Court gave consumers a victory on Monday by allowing them to proceed with class-action lawsuits alleging that millions of front-loading washing machines they bought suffered from ...
Supreme Court Divided on EPA Climate Case
The Supreme Court appeared divided on Monday over the sole Obama administration program already in place to limit power plant and factory emissions of gases blamed for global warming. The justices ...Swiss Re Acquires Stake in Colombian Surety Company
Swiss Re Corporate Solutions and owners of Compañía Aseguradora de Fianzas S.A. Confianza ("Confianza") have signed an agreement under which Corporate Solutions will acquire a 51 percent stake in ...
New Esurance Tool Predicts Direction of Gas Prices
Esurance, the direct-to-consumer insurance company, announced the launch of Fuelcaster on Tuesday—a free online tool that predicts whether gas prices will rise or fall. Fuelcaster empowers ...