News
Moving Beyond Golf Balls and Diapers in Cleaning Up Energy Disasters
Diaper liner, sawdust, golf balls and shredded tires -- these are some of the items used to try and contain the oil and nuclear disasters that marked the end of this century's first decade and the ...
Insurers Face $4.7B Bill for Summer Hail Storms in France, Germany
Insurers nursing hefty losses from severe spring floods in Europe face paying out a similar amount again after areas of Germany and France were repeatedly pounded by grapefruit-sized hail stones over ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
China Testing Free Market with New Shanghai Financial Services Zone
Citigroup Inc. and Bank of China Ltd. said they will participate in Shanghai's free-trade zone as the Chinese government inaugurated the 11-square-mile experiment in more relaxed financial and ...Mumbai Building Collapse Kills 61, Injures 31 as Search Ends
As many as 61 people were killed and 31 injured in a building collapse in India's financial capital Mumbai, as two days of rescue work ended today, Vijay Khabale Patil, a spokesman for the Municipal ...Preview: BP Battles for Billions in New Gulf Trial Phase
BP will battle to hold down fines that could hit $18 billion in a new phase of the Gulf of Mexico trial that will rule on how much oil it spilled in 2010 and judge its efforts to plug its well. ...
Mississippi Sues Federal Government to Stop Flood Insurance Rate Increases
The Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program. State Insurance ...
CFO Pay Change Lags CEOs’ for Non-Bank Financial Services Firms: BDO Analysis
Chief financial officers of non-bank financial services firms saw lower percentage increases in compensation than chief executives in 2012, although the pay hikes for both C-suite positions were ...
Federal Trade Commission Moves Closer to Studying ‘Patent Trolls’
The U.S. Federal Trade Commission on Friday took another step toward a comprehensive study of "patent trolls" - companies in the business of buying and asserting patents - to see if they are hurting ...