News
Schwab Drops Its Class-Action Waiver Requirement… for Now
Charles Schwab Corp. has temporarily reversed its requirement that clients waive their right to bring class-action lawsuits, adding a new twist in a battle closely watched by the securities industry ...
Investment in Developing Countries to Triple by 2030: World Bank
The percentage of global investment that goes to developing countries should triple in the next two decades as emerging economies catch up to richer nations and become more integrated into financial ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Emerging Markets Stoking Insurance Growth: Munich Re
Emerging markets will see the highest growth in premiums for insurance companies this year and next, while Europe lags, according to the world's biggest reinsurer, Munich Re. In a study published on ...
Giant Insurer, Home for Struggling Women End Bitter Battle Over Property
An insurance company has bought out a nonprofit home for struggling women in Cincinnati in a deal announced this week, ending a bitter two-year court battle over the historic property in a ...
Will Supreme Court Enter Climate Change Debate?
With a barrage of legal briefs, a coalition of business groups and Republican-leaning states are taking their fight against Obama administration climate change regulations to the U.S. Supreme Court. ...
Departing Execs Disagreed With Core Strategy, AIG’s Benmosche Says On CNBC
American International Group is a smaller, more focused company, which has returned to its insurance roots, the chief executive said in a televised interview Wednesday, during which he also addressed ...
Lack Of Visibility On Buffett Successor A Concern—But Not Enough To Tip Best Ratings
A.M. Best affirmed the "A++" financial strength rating and "aaa" issuer credit ratings of Berkshire Hathaway's National Indemnity Co. and its affiliates on Wednesday, while commenting on the lack of ...