U.S.
Liberty Mutual: Overexertion and Falls Add the Most to U.S. Workers Comp Costs
Overexertion and falls account for more than $25 billion in workers compensation costs in the U.S., according to Liberty Mutual Research Institute for Safety's 2014 Workplace Safety Index. In its ...
Pimco Shareholder Lawsuit Alleges Excessive Fees Boosted Exec Bonuses
Pacific Investment Management Co. will fight a lawsuit by a shareholder of its Pimco Total Return Fund alleging the company gouges investors with excessive advisory fees to support billion-dollar ...
I.I.I. Survey: Cyber Insurance Will See Major 2015 Growth
Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and M&A activity in 2015, according to a new Insurance Information Institute annual survey. I.I.I.'s ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
Obama Announces Revised Cybersecurity Bill
President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface. Obama ...
MetLife Suing Over FSOC Designation
MetLife Inc. on Tuesday sued U.S. regulators over a decision to subject the insurer to tougher oversight because it harbors enough risk to endanger the financial system if the next crisis hits. The ...
More Earthquakes in Oklahoma in 2014 Than in Past 30 Years
Officials say Oklahoma had more earthquakes last year than in the past 30 years. The U.S. Geological Survey says 567 earthquakes with magnitudes of 3.0 or greater were registered in Oklahoma, making ...
Flight Attendants Allege Security Concerns Prompted Firing
A group of 13 flight attendants say they were illegally fired by United Airlines after refusing to fly on a Hong Kong-bound plane last July that had a "threatening" message scrawled under its tail ...