News
Wall Street Brokers Support Removing Liability Shield for Stock Exchanges
The government should strip U.S. stock exchanges of the legal status that protects them from most lawsuits, a trade group for brokers said. In a letter to the Securities and Exchange Commission, the ...
Provider Excess Insurance in High Demand: Survey
Evolving reimbursement models for healthcare providers are fueling a surge in demand for provider excess insurance with industry experts forecasting a jump in premiums of 15-30 percent in 2013, ...
The CNBC Halftime Report is the place for market-moving interviews and fast-paced market analysis. It places investors right at the...
QBE Begins Payouts for Spain Train Victims
Australian insurance group QBE said on Thursday it had set aside 2.75 million euros ($3.64 million) for the immediate needs of those affected by last week's train crash in Galicia in northwest Spain, ...
Judge Dismisses Lawsuit by 11 States and Texas Bank Against Dodd-Frank
A lawsuit by 11 states and a Texas bank challenging the Dodd-Frank law's financial regulation overhaul was dismissed by a federal judge. U.S. District Judge Ellen Segal Huvelle in Washington Thursday ...
P/C Insurers Face Challenges If Terrorism Risk Insurance Is Not Renewed: Fitch
If Congress fails to renew or makes significant changes to the federal government's terrorism risk insurance program, some insurers will be forced to significantly alter their underwriting portfolios ...
Allstate Reports Disaster Costs Down, Investments Up for Q2
Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second quarter profit climbed on investment gains and reduced costs tied to natural disasters. Net income climbed 2.6 ...
Renewable Energy Insurance Market Could Triple By 2020: Report
The renewable energy industry could be spending three times as much on insurance every year by 2020 to mitigate risks to projects, says a new report by Bloomberg New Energy Finance sponsored by Swiss ...
Corporate Risk Consultants Uneasy After China’s Detention of Investigators
The detention by Chinese authorities of a British corporate investigator and his American wife in the wake of a corruption probe into pharmaceutical giant GlaxoSmithKline has had a chilling effect on ...