U.S.
The Fed Wants Insurer Input As it Builds Capital Rules
The Federal Reserve today announced a voluntary survey into the potential impact of capital rules for insurance companies that it regulates. The Federal Reserve is seeking comments from the industry ...
National Weather Service Launches Advance Warning Disaster Model
Neighborhoods about to be hit by tornadoes and pilots heading into turbulence will get more warning from the National Weather Service starting today. At least, that's the promise of a new forecast ...
Hackers See Lucrative Possibilities With Medical Records
Your medical information is worth 10 times more than your credit card number on the black market. Last month, the FBI warned healthcare providers to guard against cyber attacks after one of the ...
California State Fund Appoints CFO
California's State Compensation Insurance Fund, the state's largest provider of workers compensation insurance, has appointed Peter Guastamachio as its chief financial officer. He will direct all of ...
Work-Related BYOD Use: Potentially More Costly Than Previously Thought
The California Court of Appeal, 2nd District, issued a decision that has broad implications for businesses with California-based employees. In Cochran v. Schwan's Home Service Inc. (Cal. App. 2 Dist. ...
Insurers Envision Slight IT Spending Hikes for 2015: Novarica
Most insurers only plan modest increases in their IT budgets in 2015. And while other industries are spending more and more in emerging tech areas such as mobile insurance, big data and the cloud, ...
AIG Bailout on Trial: Was it Legal?
One of the more unusual trials to come out of the 2008 financial crisis is set to begin on Monday, when a federal judge will consider whether the U.S. government's rescue of American International ...
Amtrak Seeking More than $500M From Insurers for Sandy Losses
Amtrak filed a lawsuit last week against more than a dozen insurers, claiming that the railroad operator is entitled to recoup additional proceeds for Superstorm Sandy losses from its insurers. ...