News
Tornado Economic Cost Tops $1B from Rare November Storms, Aon Says
Tornadoes and thunderstorms that swept across the U.S. Midwest last month will probably cost more than $1 billion in economic losses, led by damage in Illinois and Indiana, according to insurance ...
Renewable Fuel Backers Try to Change EPA’s Mind
Supporters of the renewable fuels industry turned out en masse on last Thursday, desperate for the U.S. government to change course after last month announcing a plan to lower the amount of biofuels ...
Tech Start-Ups Show Little Imagination On Board Gender Diversity
At Pinterest, the online bulletin board service that is valued near $3.8 billion, some 70 percent of the users are female. But the company's board of directors is 100 percent male. Male-heavy boards ...Bushey Succeeds Powers As President of Berkley’s Carolina Casualty
W. R. Berkley Corp. has named Gerald B. Bushey as president of its subsidiary, Carolina Casualty Insurance Group. Bushey succeeds Douglas J. Powers, who is retiring. Based in Jacksonville, Florida, ...
Hamburg Has Worst Flood in 37 Years as Storm Moves Eastward
Hamburg, Germany's biggest port, recorded its heaviest storm surge in 37 years as the low- pressure weather system Xaver swept through northern Germany, paralyzing air, rail and ship traffic. The ...
QBE Sees $250 Million Net Loss in 2013 on North America Business
QBE Insurance Group Ltd., Australia's largest insurer by market value, forecast an unexpected net loss of about $250 million for 2013 due to write downs at its North American operations. The forecast ...
SEC’s Gallagher Seeks Public Company Disclosure Reforms
A top U.S. securities regulator on Friday called for reforms to streamline the disclosures that public companies are required to file, saying he is concerned that some company filings may not ...BP ADS Investors Lose Bid for Class Status in Gulf Spill Case
A U.S. federal judge has refused to allow investors to proceed as a group in a lawsuit accusing BP Plc of fraud by misleading them—before and after the 2010 Gulf of Mexico oil spill— about the ...