U.S.
Hyatt Hotels System Infected with Credit-Card-Stealing Malware
Hyatt Hotels Corp said on Wednesday that its payment processing system was infected with credit-card-stealing malware in an attack discovered three weeks ago, the latest in a series of breaches at ...
ACE Outlines Post-Chubb-Merger Asia Pacific Exec Roster
ACE Group, in the final throes of a $28 billion merger deal with Chubb, has fleshed out the leadership team for its Asia Pacific commercial property/casualty arm. The new team will report, as ...
At Least 11 Dead in Texas Tornadoes
At least 11 people died and dozens were injured in apparently strong tornadoes that swept through the Dallas area and caused substantial damage this weekend, while five people died in a flash flood ...
Uber Judge Ruling Threatens Drivers’ Quest for Employee Status
Uber Technologies Inc. won a ruling that may put off the outcome of a bid by California drivers to be treated as employees in a lawsuit that has grown dramatically in both size and potential ...
2016 Prediction: P/C Pricing Pressures Will Force Broad Rate Declines
After a banner 2015 for the U.S. property/casualty insurance sector, pricing pressures will lead to stagnation or rate declines in 2016, Kroll Bond Rating Agency Inc. predicted. Pricing will either ...
It’s Not Halftime: The 114th Congress Just Finished the Third Quarter
The White House and Congressional Christmas trees are up, but with 70 degree weather in Washington—and without a government shutdown threat—it's hard to believe it's the holiday season. It's ...
When One Driverless Car Hits Another, Who’s at Fault?
Imagine a robot car with no one behind the wheel hitting another driverless car. Who's at fault? The answer: No one knows. But plaintiff's lawyers are salivating at the prospects for big paydays from ...
JPMorgan Will Pay $150M to Settle ‘London Whale’ Class Action Suit
JPMorgan Chase & Co has agreed to pay $150 million to resolve a securities fraud lawsuit by investors suing the bank over its "London Whale" trading scandal, which caused a $6.2 billion loss. The ...