News
Sept 11 Settlement Between American Air, Cantor Fitzgerald Approved
A federal judge on Monday approved a $135 million settlement between American Airlines Group Inc. and Cantor Fitzgerald over business and property losses suffered by the financial services company in ...
Stubbornly Low Inflation Holds Key to 2014 Fed Policy
Stubbornly weak inflation is shaping up as the wild card for U.S. monetary policy makers this year, with top Federal Reserve officials stumped by why it has lingered so low for so long and at odds as ...
Ridesharing Companies, ‘Uber’ Coverage Gap Worry Insurance Group
The tragedy of a young girl who was killed on New Year's Eve by a motorist on contract with a cellphone app-based ridesharing service has at least one insurance group speaking up even louder to drive ...
Top Jury Awards in 2013
U.S. juries awarded three verdicts of $1 billion or more for the third straight year in 2013, topped by a $1.2 billion award against Dow Chemical Co., the largest ever in a price-fixing case. Second ...
West Virginia Spill Triggers Calls for Stronger Chemical Regulation
A chemical spill that left 300,000 people in West Virginia unable to drink their water is reviving calls for more stringent regulation of thousands of chemical storage sites in the U.S., especially ...
SNL Acquires Analytics Firm iPartners
SNL Insurance, a division of SNL, has acquired iPartners LLC, which offers analytics and reporting software and services that help insurers collect and analyze internal business data. Terms were not ...
Merger of German Public-Sector Insurers Unlikely: Fitch
German public-sector insurers, which include Versicherungskammer Bayern and Provinzial Nordwest Holding AG, are unlikely to merge, Fitch Ratings said. "There is no requirement for such a high number ...
Scientists Say Americans Becoming Weather Wimps; Statistics Prove It
We've become weather wimps. As the world warms, the United States is getting fewer bitter cold spells like the one that gripped much of the nation last week. So when a deep freeze strikes, scientists ...