News
U.N. Report Outlines Climate Change Solutions
Governments may have to extract vast amounts of greenhouse gases from the air by 2100 to achieve a target for limiting global warming, backed by trillion-dollar shifts towards clean energy, a draft ...
Swiss Re Risk Officer Says Uninsured Disaster Losses Are Growing
Natural catastrophes are growing more costly and uninsured losses are increasing, according to David Cole, chief risk officer of Swiss Re Ltd. "When [natural catastrophes] happen, they are more ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Google’s Buy of Nest Labs Seen Improving Smart-Home Gizmo Connections
Google Inc. is jumping into digital home automation with its acquisition of Nest Labs Inc., shining a spotlight on an unproven market that has so far been filled with expensive devices that can't ...
Desjardins Group to Acquire State Farm Canada Businesses
Desjardins Group, the leading cooperative financial group in Canada, announced Wednesday that it has entered into a definitive agreement to purchase State Farm Canada's property/casualty and life ...
U.S. P/C Insurers Face Challenge in 2014 Trying to Match 2013 Performance
The U.S. property/casualty insurance industry reported strong performance in 2013, but in 2014, the industry may find it difficult to match last year's results as insurers begin to face more ...
Spending Bill Delays Some Flood Insurance Hikes
Homeowners worried that new federal flood maps will send their flood insurance premiums skyrocketing would get some short-term relief under a provision tucked into the massive government-wide funding ...
Nasdaq Says Talks Over Market Glitches Too Slow: Reuters
Nasdaq OMX Group is prepared to walk away from running the data processor that was at the center of a three-hour trading halt in August, in a sign of its frustration with the pace of talks over ...
Federal Lawsuit Filed Over West Virginia Chemical Spill
Eastman Chemical Co., a Kingsport, Tennessee-based chemical manufacturer, was sued by West Virginia stores and residents who allege the firm concealed the cancer- causing elements of a chemical ...