News
Goodyear Execs Released After ‘Boss-Napping’
French trade unionists released two executives on Tuesday after holding them for more than 24 hours at the country's Goodyear tire plant to demand higher payouts for more than a thousand planned ...
Some States Confirm Water Pollution from Drilling
In at least four states that have nurtured the nation's energy boom, hundreds of complaints have been made about well-water contamination from oil or gas drilling, and pollution was confirmed in a ...
Every insurer evaluating property risk today is running the same math: more perils, more models, more data sources, and not...
European Winter Storm Season Most Severe Since 1990: RMS
The 2013-2014 winter storm season has seen the most severe sequence of storms since 1990, says Robert Muir-Wood, chief research officer at RMS. The storm systems are the result of a strong jet stream ...
WCRI Studies Link Fee Schedules to Lower Payments
States that do not have a fee schedule in place are likely to pay more for workers compensation-related medical services, according to two Workers Compensation Research Institute studies that ...
Typhoon Haiyan, European Storms Top 2013 Natural Catastrophes: Munich Re
Typhoon Haiyan and exceptionally high losses from weather-related catastrophes in Europe dominated the overall picture of natural catastrophes in 2013, according to Munich Re. Floods and hailstorms ...
JPMorgan to Pay Over $2B to Settle Madoff Case
JPMorgan Chase & Co will pay more than $2 billion of penalties to settle charges by U.S. federal authorities that it failed to report suspicious activity involving Bernard Madoff's Ponzi scheme. ...
Mexico to Mandate Auto Coverage in Push Toward ‘Culture of Insurance’
President Enrique Pena Nieto is giving the car insurance market a boost with a plan to mandate policies on federal highways in Mexico, where almost three in four drivers lack coverage. Congress ...
Fitch Changes Tower Group’s Rating Watch Status from Negative to Evolving
On Monday, Fitch Ratings revised the Rating Watch status of Tower Group International, Ltd. to Rating Watch Evolving from Rating Watch Negative following Tower's announcement of a planned merger with ...