Risk & Capital Management
Will Investors Give QBE’s CEO Enough Time to Finish His Revamp?
QBE Insurance Group Ltd.'s John Neal is shoring up the insurer's balance sheet by selling shares and assets. He still has work to do convincing bond investors that business is improving after three ...
Post-Quake Napa Rushes to Deal With Damage
Wineries and hospitality businesses in and around Napa, California, near the epicenter of the worst earthquake to hit the area in 25 years, rushed to clean up rubble and broken glass ahead of the ...
Homeowners’ Insurance Costs Much More For Clients With Poor Credit
Homeowners with poor credit pay 91 percent more for homeowners' insurance than people with excellent credit, according to a study by an online insurance shopping service. The report by ...
QBE Responds to Profit Plunge With Plans to Sell Assets
QBE Insurance Group Ltd. plans to raise about $750 million in a share placement and sell assets including part of its lenders' mortgage insurance business in Australia after reporting an 18 percent ...
Google’s Driverless Car Impresses in Demo Run
The car stopped at stop signs. It glided around curves. It didn't lurch or jolt. The most remarkable thing about the drive was that it was utterly unremarkable. This isn't damning with faint praise. ...
Creating Added-Value Data Sets From Weather Model Forecasts
In the first part of this two-part series of articles, we examined the various weather models that drive most of the forecasts used by consumers and businesses to make weather-sensitive decisions. ...
The Role of Models in Weather Forecasting
UKMET. ECMWF. GFS. GFDL. To most of us, this potpourri of letters are seemingly chosen at random and have no meaning. It's almost as if someone reached into a large sack filled with all 26 alphabetic ...
Bond Insurer Pursues Fraud Claims in Lawsuit Over Detroit Pension Debt
A bond insurance company fired back at Detroit's attempt to invalidate $1.45 billion of pension debt, claiming in a court filing late Wednesday that it was "fraudulently" led to guarantee payments on ...