Traffic deaths soared 13.5 percent in the first quarter of the year compared to the same period last year, and the number of deaths per miles driven also rose significantly, according to preliminary government estimates. An estimated 7,630 people died …
Rain will fall early this week in the northern U.S. Midwest, with from 1 to 2 inches expected across a broad parched swath of corn and soybean land roughly north of Interstate 80, an agricultural meteorologist predicted Monday. “It’s good …
Nasdaq OMX Group Inc. plans to pay out $62 million in cash to firms that lost money in Facebook Inc.’s bungled initial public offering in May, modifying an earlier plan that drew intense criticism from market makers and other exchanges. …
Global insurance companies are struggling to get a grip on their flood exposure in Asia nearly a year after one of the world’s costliest disasters hit Thailand, with executives fearing an even worse event may strike the region. Some firms …
Rich individuals and their families have as much as $32 trillion of hidden financial assets in offshore tax havens, representing up to $280 billion in lost income tax revenues, according to research published on Sunday. The study estimating the extent …
The heaviest rain to hit Beijing in six decades killed at least 10 people [latest reports put the death toll at 37] and left cars and buses submerged, and 10 other storm deaths [now at least 17] were reported elsewhere …
Families of victims and survivors of the deadly shooting at the Batman movie who seek to sue Warner Bros. and other companies behind “The Dark Knight Rises” are unlikely to get very far. The main reason, legal experts said, is …
Willis International, the broker’s’ retail division, announced that in “recognition of the size, growth and strategic importance of its Asia Pacific, Middle East and Africa operations, it has created three regional business units under new and expanded leadership.” Willis Asia …
London-based international reinsurance broker UIB has overhauled its property team with a view to doubling the division’s revenues. UIB appointed Mark Ritson, formerly a UIB Energy director, to head the property division and to spearhead its growth. The team has …
A report from Willis Capital Markets & Advisory (WCMA), a unit of Willis Group Holdings, concludes that the “catastrophe reinsurance market may be on the cusp of a strategic shift, with third party capital providers set to take on increasing …
