U.S.
Florida Private Flood Bill Now Law But Market May Take a While to Develop
Florida Gov. Rick Scott has signed legislation designed to encourage private insurers to offer flood insurance, but the industry is tamping down expectations that it will result in a viable market in ...
Emerging Global D&O Claims Trends
Directors and officers claims are increasing here and in other parts of the globe, according to insurance industry experts. Claims centered on merger acquisition, healthcare service vendor operations ...
House Committee Votes on TRIA With NARAB Amendment, FSOC Moratorium
The Republican House Financial Services Committee (HFSC) voted 32-27 in a party line split Friday morning to renew the Terrorism Risk Insurance Program (TRIA) for five years, sending the measure to ...
Climate Change Bottom-Line Talk Grows, S&P Director Says
Companies and governments worldwide are changing their behaviors and examining their risks in the face of climate change, a managing director for Standard & Poor's said as he held up the ...
Commercial Auto, Workers Comp: Loss Leaders in the Oil Patch
There's no doubt that new advancements in the practice of hydraulic fracturing, or fracking, are driving the current production boom in the oil patch. The technique, which is used to retrieve oil and ...
Insider Options Trades Seen in 25% of U.S. M&A Deals: Research
About a quarter of U.S. merger and acquisition deals have insider-related options trading activity before official announcements, but only a fraction are being investigated by regulators, according ...
Aspen Board Urges Shareholders to Reject Latest Endurance Bid
Aspen's board of directors has unanimously agreed to reject the unsolicited exchange offer from Endurance to acquire all of the outstanding shares of Aspen for a combination of common stock and cash. ...
U.S. Economic Growth Picking Up Through 2015: OECD
The U.S. economic recovery should accelerate in coming months as an energy boom, steadily falling unemployment and a rebound in investment push growth to its fastest pace in a decade, the ...