December 3, 2013
More than 800,000 visitors gave the hobbled Obamacare website another chance as the government continued to work on software repairs, including a fix to the system that sends customer data to insurers. The rush yesterday to healthcare.gov followed a Dec. …
December 3, 2013
BP Plc won a legal reprieve in its effort to avoid payments to those whose losses were not traceable to the 2010 Gulf of Mexico oil spill, potentially sparing the oil company of extra costs. BP had agreed in 2012 …
December 3, 2013
Willis Group Holdings announced the placement of “an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd, an emerging global mining, rail and port venture, against the threat of cyclones and heavy rainfall delaying the construction of …
December 3, 2013
A group of wounded servicemen and women who have begun an unprecedented expedition across Antarctica will be protected by insurance coverage underwritten by subsidiaries of Catlin Group Limited. Catlin said it is “underwriting Personal Accident and related coverages to protect …
December 3, 2013
Impact Forecasting, the catastrophe model development center of excellence at Aon Benfield, has announced the launch of the “first probabilistic catastrophe model to understand the financial impact of flood damage in the Netherlands for property and motor.” The bulletin explained …
December 3, 2013
France will allow private security forces to protect its shipping fleet against the threat of piracy, Prime Minister Jean-Marc Ayrault said in an interview published on Tuesday. France is one of the main contributors to an international naval force that …
December 3, 2013
Crisis is the natural state of world trade negotiations. But this week will be different. Ministers meeting in the Indonesian resort of Bali from Tuesday until Friday will decide the fate of the World Trade Organization, with two possible outcomes: …
December 3, 2013
A Florida congressman is calling for the creation of a new federal tax-free savings account that will allow homeowners to set aside up to $5,000 to help strengthen their homes against hurricanes and other natural disasters. Rep. Dennis Ross, a …
December 3, 2013
The U.S. Chamber of Commerce is calling for rules that would make it more difficult for a group of regulators to subject financial companies to stricter oversight. A vote of three-quarters of the Financial Stability Oversight Council should be required …
December 3, 2013
The main difference between livestock, or equine, mortality insurance and human life insurance is that a livestock owner, subject to certain conditions, may sometimes euthanize the animal and still collect policy proceeds, according to an attorney whose practice includes a …