Value investor Prem Watsa’s Fairfax Financial Holdings Ltd. won regulatory approval to buy 51 percent of Catholic Syrian Bank Ltd., marking the first time India’s central bank is allowing a foreign investor to purchase a majority stake in a domestic …
A trio of significant earthquakes that struck a remote part of western Nevada along the Sierra Mountains’ eastern front Wednesday were big enough to cause as much as $1 billion in damage if they had been centered beneath a big …
The risk of flooding in the United States is changing regionally, and the reasons could be shifting rainfall patterns and the amount of water in the ground. In a new study, Recent Trends in U.S. Flood Risk, University of Iowa …
Too much ice in an iced coffee? Too much lip balm left in the tube? Too much environmental damage from thousands of red balloons? Lawsuits complaining about those situations made this year’s list of unnecessary litigation as judged by the …
General Motors has been sued over a 2014 car fire that caused more than $450,000 in damage to two central Pennsylvania homes. Pennlive.com reports that Erie Insurance Exchange and four of its policy holders claim the blaze resulted from a …
Are you someone who has faith in the power of free markets? Then you should naturally accept the evidence that human activity is bringing about climate change. Free and competitive markets work efficiently in large part because they are phenomenal …
While Chinese companies have been increasing their overseas merger and acquisition (M&A) activity in recent years, there are signs that growth could slow in the coming year, as a result of uncertain economic outlook and evolving government policies in China …
Governor Andrew M. Cuomo has announced that new health insurance reforms aimed at combatting New York State’s heroin and opioid crisis will go into effect January 1, 2017. These reforms were part of the legislative package that the Governor signed …
Officials in Richmond held a public hearing this week on a proposed temporary ban on marijuana retailers and social clubs in the Maine town. The Kennebec Journal reports the Planning Board’s hearing was set for 7 p.m. Tuesday. The Board …
Anthony F. Markel, vice chairman of the board at the Markel Corporation will be honored by The Peter J. Tobin College of Business at St. John’s University as the School of Risk Management’s 2016 Insurance Leader of the Year at …
