Scientists are finding evidence that man-made climate change has raised the risks of individual weather events, such as floods or heat waves, marking a big step towards pinpointing local costs and ways to adapt to freak conditions. “We’re seeing a …
Selected earnings highlights from Bermuda-based Validus Holdings Ltd. for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $627.089 mn $605.387 mn Net premiums written ————— $508.037 mn …
People are better at juggling some types of multitasking than they are at others, according to a new study that has implications for distracted drivers. Trying to do two visual tasks at once hurt performance in both tasks significantly more …
West Virginia mine regulators have failed to meet internal goals for timely inspections and permits, a legislative audit concluded, but agency officials disagree with the auditors over why. The report released this week to lawmakers blames vacancies and turnover for …
A shareholder lawsuit is using sworn testimony by Duke Energy Corp. executives and directors to support claims that investors were misled by a surprise shuffle of top executives. Duke Energy spokesman Dave Scanzoni said the country’s largest electricity company views …
Bankrupt law firm Dewey & LeBoeuf revised its settlement offer to former partners on Thursday, dropping its potential recovery to $90.4 million from $103.6 million. The estate is seeking the money from the former partners in exchange for releasing the …
Selected earnings highlights from Bermuda-based Arch Capital Group for the second quarter and the first six months of 2012 are as follows: Q2 2012 Q2 2011 Gross premiums written ———— $1.051813 bn $911.939 mn Net premiums written ————— $820.233 mn …
A comparatively low-priced disaster bill for livestock producers hit by the worst U.S. drought since 1956 may be the ticket to passage for a $500 billion farm bill now in limbo in Congress. Republican leaders in the House of Representatives …
South Korea may soon resume Iranian crude imports after having completely halted shipments in July because of a European Union ban on insuring tankers carrying oil from the Islamic Republic. A resumption would suggest top Asian buyers of Iranian oil …
The chairman of a futures industry trade group said on Thursday that serious consideration should be given to the creation of an insurance fund to protect futures customers, after two major scandals shook confidence in the market. Michael Dawley, chairman …
