U.S.
California Law to Regulate Fracking Signed By Governor
California's first regulations on fracking and related oil production practices will go into effect next year in the most populous U.S. state under a bill signed into law on Friday by Democratic ...
Are Multiyear Policies the Answer For Flood? Behavioral Economics Meets Insurance
Buyers and sellers of flood insurance can benefit from a longer-term perspective, and long-term multiyear policies may be the key to reforming the current system, a Wharton School professor said last ...
Colorado Floodwaters Menace State’s $41B Agriculture Sector
Colorado farmers and ranchers are bracing for widespread damage to the agriculture industry, one of the state's leading economic engines, from deadly floodwaters that already have caused property ...
Heartbreak for Some in Colorado With No Flood Policy
Jessica Klauzer-Zimmerman and her children have been sleeping on friends' couches since floodwaters sloshed into her Boulder townhouse—which wasn't covered by flood insurance. "We were told we ...
SEC Turns Policy Corner with JPMorgan Guilty Admission
The U.S. Securities and Exchange Commission, in settling claims with JPMorgan Chase & Co. over its handling of a $6.2 billion trading loss, landed its biggest victory yet in fulfilling a pledge ...
Terror Risk Bond Market Unlikely, Says Swiss Re Americas CEO
Testifying before the House Committee on Financial Services on the future of the federal terrorism backstop Thursday, a reinsurance executive said the capital markets will not solve terrorism ...
TRIA Structure Will Change, But Renewal Expected: Analyst
After property/casualty insurance industry representatives presented testimony before the House Committee on Financial Services on the future of the federal terror backstop, a research firm predicted ...
California Regulators OK On-Demand Rides; $1M Commercial Cover Required
On-demand ride services got the green light from California regulators on Thursday in a move the services hope will help clarify their legal status in other jurisdictions. The California Public ...