Berkley Professional Liability, a Berkley Company, has expanded its product offerings to include a primary private company management liability policy. This comprehensive package policy offers coverage designed to address growing exposures facing private companies. Management teams can select one or …
Federal Aviation Administration (FAA) employees warned as early as seven years ago that Boeing Co. had too much sway over safety approvals of new aircraft, prompting an investigation by Department of Transportation auditors who confirmed the agency hadn’t done enough …
A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank. PwC did not …
Can you spot a liar? It’s tricky enough in face-to-face conversations that offer facial expressions, gestures and tone of voice because those physical cues add context. Spotting a liar gets even tougher in blind computer conversations. Florida State University researcher …
Climate advocates say an overhaul of the nation’s flood insurance program being unveiled by the Trump administration will spur communities around the country to better plan for extreme weather, but could drive up costs for some homeowners. The changes being …
Fidelity National Information Services Inc. (FIS) agreed to buy Worldpay for about $35 billion on Monday, with the U.S. financial services provider striking the biggest deal to date in the fast-growing electronic payments industry. The financial technology sector is consolidating …
The nuclear power industry is pushing the Nuclear Regulatory Commission to cut back on inspections at nuclear power plants and throttle back what it tells the public about plant problems. The agency, whose board is dominated by Trump appointees, is …
When cyber thieves attacked Empire Industries’ computer network, technology manager Rich Shemanskis could see files in the process of being infected by malicious software. “We were looking at the network, and I noticed it, and another guy noticed it. We’re …
CBS Corp. directors agreed to settle for $1.25 million investors’ claims that network owner Sumner Redstone received millions of dollars in improper compensation after he became incapacitated in 2014. The money — coming from insurance covering CBS’s officers and directors …
Berkshire Hathaway Inc on Friday said its newest vice chairmen, Greg Abel and Ajit Jain, were each awarded about $18 million last year, in the first detailed look at the pay of the men considered the leading candidates to succeed …
