U.S.
National Standards Urged for U.S. Tornado Protection
National standards should be set for building construction, storm shelters and emergency communications to reduce death and damage from tornadoes, a federal agency that studied the deadly 2011 ...
Efforts to Delay Flood Insurance Rate Hikes Floundering
Efforts to delay implementation of changes in the federal flood insurance program have run into roadblocks on both sides of Capitol Hill. The leaders of the House Financial Services Committee say ...Markel Authorizes Repurchase of $300 Million of Insurer’s Stock
Markel Corp., the insurer that bought Alterra Capital Holdings Ltd., authorized the repurchase of up to $300 million of its shares. The insurer replaced a 2010 buyback program under which about $101 ...
Google’s Schmidt: Insurance About to ‘Explode’ With Uses for Big Data
Google Inc. Executive Chairman Eric Schmidt said new technologies that help companies analyze vast amounts of digital information have the power to bring change to the insurance, health-care and ...
Hartford’s McGee Shares Lessons from Clash with Activist Investor Paulson
Liam McGee, who led a rebound at Hartford Financial Services Group Inc. after shunning John Paulson's call to split the insurer, said executives shouldn't be defensive when handling activist ...
Scientists Develop Breakthrough Computer Forecasting Models for Wildfires
Scientists have developed a new computer modeling technique that offers the promise, for the first time, of producing continually updated daylong predictions of wildfire growth throughout the ...
Consumer Bureau Hands Title Insurers Win Over Mortgage Disclosure Rule
A U.S. rule that would have wrapped title insurance into the total costs listed on a simplified mortgage-disclosure form was dropped by the Consumer Financial Protection Bureau after industry ...
German Finance Minister Vows to Help Insurers Burdened by Low Interest Rates
German Finance Minister Wolfgang Schaeuble issued an unusual warning to the European Central Bank on Thursday, saying rate decisions must not offer "false stimulus" and that monetary policy alone ...