The latest global piracy report from the International Chamber of Commerce (ICC) International Maritime Bureau (IMB) cites 102 “incidents of piracy and armed robbery” for the first quarter of 2012, “with dangerously increasing numbers in West African waters.” According to …
Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, has issued its latest report on the insurance-linked securities (ILS) market, which reviews the key trends witnessed during the first quarter of 2012. The”Insurance-Linked …
Two busy passenger trains collided head-on near an Amsterdam park, injuring scores of people including more than 50 seriously, a police spokesman said. Later reports indicated that one person had died. National Police Corps spokesman Ed Kraszewski told Amsterdam local …
Travelers has introduced an enhanced version of its product-suite CyberFirst with eight first party coverage options designed for technology companies. The new expense reimbursement module covers costs resulting from cyber attacks including theft of assets, intellectual property or private information; …
Days after being rebuked by shareholders, Citigroup Inc. Chief Executive Vikram Pandit and the bank’s directors have been sued by a shareholder accusing them of awarding outsized pay to top executives. The complaint, filed Thursday in Manhattan federal court, said …
U.S. health regulators said consumer products that use nanotechnology may have unknown effects on the human body, and advised food and cosmetic companies to further study the safety of these tiny particles. The U.S. Food and Drug Administration issued two …
North Carolina officials are requiring insurers to expedite the payment of workers’ compensation patients medical and wage-loss benefits or risk being sentenced to jail. The North Carolina Industrial Commission has ordered more than a dozen employers to attend a May …
U.S. farm subsidies would get a 21st Century make-over to protect grower revenue from ruinous losses, the biggest threat to their operations from today’s high and volatile market prices, under a bill unveiled by Senate Agriculture Committee leaders on Friday. …
Republicans in Congress are getting ready to answer an election-year question that has dogged the party’s campaign for months: How would it replace President Barack Obama’s healthcare law if the measure is overturned or repealed? House Republicans are working to …
The nation’s premier worker safety agency takes nearly eight years on average to adopt new safety regulations, government auditors said in a report. The Occupational Safety and Health Administration takes far too long compared to other agencies, safety experts said …
