U.S.
Apple Win: Judge Tosses Suit Over Retail Worker Bag Searches
Apple Inc. persuaded a judge to throw out a lawsuit by employees of the company's retail stores in California seeking back pay for time spent in "demoralizing" security searches when they left work ...
Is Climate Change The Next Tobacco? NY AG Seen Using Martin Act in Exxon Probe
A near century-old statute that gives New York state prosecutors unusually broad authority to prosecute securities fraud could prove a powerful weapon as Attorney General Eric Schneiderman probes ...
Willis, Towers Watson Shore Up Merger Support Ahead of Nov. 18 Vote
Willis Group Holdings and Towers Watson, facing some opposition, are working aggressively to shape stockholder opinions in favor of their proposed merger in advance of a Nov. 18 shareholder vote ...
Toyota Launches $1B Center Focused on Creating Smart Cars That Don’t Crash
Toyota Motor Corp. is spending $1 billion to form a research institute focused on the artificial intelligence and robotics technology it needs to make cars that can overcome driver errors and reduce ...
Heritage Insurance, Looking Beyond Florida, Reports Big Q3 Gains
Heritage Insurance Holdings, a Florida-based property/casualty insurance holding company pursing expansion into multiple states, reported big gains across the board for its 2015 third quarter. The ...
Munich Re Takes Big Tianjin Explosion Hit; XL Catlin, Allied World Impacted Less
Munich Re, XL Group and Allied World are among the latest insurers and reinsurers disclosing catastrophe costs stemming from the Tianjin port explosion in China earlier this fall, and the hits range ...
Louisiana Citizens Looks to Shed Questionable Insurance Coverage
Louisiana Citizens Property Insurance Corp. may soon end the longstanding, and apparently unique, practice of selling policies that include a $10,000 deductible for non-hurricane damage. Chief ...
Novarica: U.S. Small Commercial Insurance Market Slowly Warming to Online Sales
Few carriers in the U.S. small commercial insurance market are relying on direct online sales right now. But the number is growing, and it could become quite large within the next five years, ...