U.S.
SEC Awards More Than $14M to Whistleblower
The Securities and Exchange Commission on Tuesday announced an award of more than $14 million to a whistleblower whose information led to an SEC enforcement action that recovered substantial investor ...
U.K. Regulators Watching Impact of Capital Influx on Insurers
British regulators are scrutinizing the impact of the wave of capital from investors such as hedge and pension funds on the insurance industry. "The availability of this additional capital inevitably ...
Government Shutdown Could Trigger Delays in Civil Cases
U.S. Justice Department lawyers from New York to San Francisco are asking judges to delay civil cases as the government partially shuts down, and in Manhattan already won a halt to litigation except ...
Paulson, Bloomberg Backing Study of U.S. Climate Impacts
Former U.S. Treasury Secretary Henry Paulson and New York City Mayor Michael Bloomberg are sponsoring a study of how climate change will affect the United States and what that disruption will cost. ...
Monsanto Acquiring Weather Data Modeler, Farm Insurer Climate Corp. for $930 Million
Monsanto Co., the world's largest seed company, agreed to buy The Climate Corp. for about $930 million to provide farmers with weather data and agronomic modeling to boost yields and manage risk. ...Guy Carpenter Targets E&S Carriers with Specialty Practice
Guy Carpenter & Co., a global risk and reinsurance intermediary specialist and member of Marsh & McLennan Cos., announced the launch of its new Excess & Surplus Lines Specialty Practice. ...
Government Shutdown Could Jeopardize Economic Recovery: CEOs
Chief executive officers at companies ranging from Honeywell International Inc. to JetBlue Airways Corp. said that a prolonged shutdown of the U.S. government has the potential to jeopardize the ...
Ex-AIG Chief Greenberg Fails to Persuade Judge to Leave Case
Former AIG Inc. Chairman Maurice "Hank" Greenberg lost a second bid to have a judge remove himself from an eight-year-old lawsuit brought by the New York attorney general's office. Greenberg in July ...