XL Catlin announced that its product recall insurance team in Asia has launched “Response XL Catlin,” a tailored network of expert crisis consultants, which will be supported in the region by global communications company Bell Pottinger. With established networks in …
Hewlett-Packard Co. confirmed today that it has agreed to a settlement with PGGM Vermogensbeheer B.V., the lead plaintiff in the securities class action arising from the impairment charge taken by HP following its acquisition of Autonomy. In a statement, HP …
Israeli start-up Illusive Networks says it can foil cyber hackers by lulling them into thinking they have found a way to steal data, which is actually fake. The company, set up last year, says algorithms in its software are able …
New York is launching a statewide multimedia campaign to remind motorists of the deadly impacts of impaired driving. The campaign funded by the Governor’s Traffic Safety Committee will use billboards, radio, television and social media. New York Gov. Andrew Cuomo …
USI Insurance Services announced that it has acquired the construction insurance and surety business of Chester, New Jersey-based KORE Group Inc., doing business as Construction Agency Professionals (CAP). This business and its employees will join USI’s West Orange, New Jersey, …
The U.S. Supreme Court rejected a bid by Maine to escape one requirement of Obamacare, as the justices prepare to rule on a more far-reaching challenge that might unravel the health-care law. The justices Monday left intact a federal appeals …
Berkley Corp. reported that Steven S. Zeitman has been named president of its excess and surplus lines carrier Admiral Insurance, succeeding James S. Carey. The appointment is effective immediately. Carey passed away in April. Zeitman has nearly 45 years of …
President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs of a direct Chinese role. Obama …
HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire. Chief Executive Stuart Gulliver …
The U.S. Supreme Court probably shouldn’t have accepted a lawsuit challenging Obamacare’s health insurance subsidies, President Barack Obama said, calling it an “easy case.” “Frankly it probably shouldn’t have even been taken up,” Obama said Monday at a news conference …
