U.S.
A Minority of Insurers Expect Higher 2017 IT Spending
A minority of insurers expect higher 2017 spending in their information technology budgets. Just 37 percent say that they expect an increase in their IT spending. That compares to 45 percent of ...
Isn’t It Ridiculous? Top 10 Abuses of the Legal System for 2016
The U.S. Chamber Institute for Legal Reform recently announced its annual list of the Top 10 Most Ridiculous Lawsuits: Starbucks feels the heat from two abusive lawsuits (Ill. and Calif.) Court ...
Proposed Cyber Security Regs Eased in New York After Industry Complaints
New York state's financial regulator on Wednesday issued a revised proposal for the nation's first cyber security rules for banks and insurers, loosening some security requirements and delaying ...
Climate Change Likely to Drive Stronger, Smaller U.S. Storms
The effects of climate change will likely cause smaller but stronger storms in the United States, according to a new framework for modeling storm behavior developed at the University of Chicago and ...
Ex-Players Abandon Case to Force NFL to Pay Workers Comp. for Concussions
The federal court case brought by 38 former National Football League players seeking to force the NFL to recognize chronic traumatic encephalopathy (CTE) as a covered disease under workers' ...
Executives On The Move at Chubb and XL Group
Chubb promoted one of its own to become its new head of Multinational Claims for Overseas General Insurance. XL Group's investor relations director is retiring, and the insurer has hired a ...
Halliburton Will Pay $100M to Settle Shareholder Class Action Lawsuit
Halliburton Co on Friday said it had reached a $100 million settlement to resolve a long-running securities fraud class action lawsuit against the oilfield services provider that twice reached the ...
Reuters Special Report: ‘Superbug’ Outbreaks Kept Secret at Hospitals, Nursing Homes
The outbreak started in January 2014. That's when a resident of the Casa Maria nursing home here was diagnosed with Clostridium difficile, a highly contagious and potentially deadly "superbug" that ...