News
U.S. Regulator To Fault JPMorgan Over Madoff Accounts: Reuters Report
U.S. regulators plan to fault JPMorgan Chase & Co, which served as Bernie Madoff's main bank for two decades, for failing to conduct adequate due diligence and report suspicious activity, ...
World Climate Change Goal At Risk As Emissions Surge: UN Report
A global goal for limiting climate change is slipping out of reach and governments may have to find ways to artificially suck greenhouse gases from the air if they fail to make deep cuts in rising ...
The answer to an underwriting or claims question may already be in the file. Getting to it can mean opening...
ACE Establishes Special Purpose Vehicle, Altair Re
ACE Limited announced Monday that it has established a $95 million special purpose vehicle, Altair Re, to provide additional collateralized capacity for its global reinsurance business. The capital ...
Changing Reinsurance Market Conditions Favor Mutual Insurers: Willis Re
Mutual insurers are in a prime position to capitalize on changes in the traditional reinsurance market, according to Willis Re, the reinsurance broking arm of Willis Group Holdings. The recent 1st ...
U.S. Regulators Making Progress Against ‘Too-Big-to-Fail’
For the past year, a special team of U.S. bank regulators has been on a quiet mission to end the belief on Wall Street that large banks are "too big to fail." The team from the Federal Deposit ...
Preview: U.S. Top Court Weighs Patentability Of Human Genes
Soon after learning that his son had autism, Hollywood producer Jon Shestack ("Air Force One") tried to get researchers investigating the genetic causes of the disorder to pool their DNA samples, the ...
What to Expect In Commercial Insurance Claims, Prices for Remainder of 2013: Willis
Although a recent broker report on property/casualty pricing expectations puts some commercial casualty hikes into double-digit territory this year, the overall message of Willis' 2013 Marketplace ...State Insurance Commissioners Approve American Indian Outreach
The National Association of Insurance Commissioners (NAIC) has approved the formation of an American Indian Liaison Committee to address cooperation between sovereign states and sovereign tribal ...