U.S.
New Jersey Boardwalk Fire Linked to Sandy-Damaged Wiring
The massive fire that destroyed part of a Jersey Shore boardwalk and dozens of businesses began accidentally in wiring damaged by Superstorm Sandy—and should prompt coastal property owners to ...
D&O Lawsuits by FDIC on Fast Pace: Cornerstone Research
This year's Federal Deposit Insurance Corp. (FDIC) litigation over failed financial institutions is already exceeding that of the previous three years. According to a new report by Cornerstone ...
SEC Unveils CEO-to-Worker Pay Ratio Rule
U.S. corporations will need to disclose how their chief executive officers' paychecks compare with those of their workers under a proposal unveiled on Wednesday by the U.S. Securities and Exchange ...
Berkley Underwriting Partners Is Now Berkley Program Specialists
Berkley Underwriting Partners, a W. R. Berkley company, has changed its name to Berkley Program Specialists. The company said the change better reflects its sole focus on program business. "We ...Hacker Group in China Linked to Cyber Attacks Against U.S. Firms: Symantec
Computer security experts have discovered a group of highly sophisticated computer hackers operating for hire, a U.S computer security firm said, and it linked the group to some of the best-known ...Corzine Masterminded ‘Scheme’ at MF Global, New Trustee Says; D&O Insurance Intact?
Jon Corzine, the former head of MF Global Holdings Ltd., masterminded a scheme to inflate earnings that led to the eighth-biggest bankruptcy in U.S. history, according to an updated lawsuit filed by ...
Gates, Buffett Top Forbes Rich List Again as Young Wealthy Play Catch Up
The richest 400 Americans are significantly richer in 2013 than they were last year and younger Americans are accumulating wealth at a faster clip than their baby boomer counterparts, according to ...
Loeb Reinsurer Faced SEC Push to Improve Investment Disclosure
The U.S. Securities and Exchange Commission pushed a reinsurer co-founded by billionaire hedge fund manager Dan Loeb to provide more information about investments ahead of last month's initial public ...