Republican Governor Chris Christie said that he will focus in his final year in office on New Jersey’s drug epidemic, promising to limit the supply of opioid drugs doctors can initially prescribe and seeking legislation to require insurers to pay …
Millions of tons of ash stored at a former coal-fired power plant in the city will become increasingly vulnerable to flooding and other coastal risks, according to a report compiled for an environmental group that is seeking to have the …
The U.S. Supreme Court on Friday agreed to consider whether companies can head off costly class action lawsuits by forcing employees to give up their right to pursue work-related legal claims in court as a group. The justices took up …
Legislative leaders have made clear they are not through with making changes to the voter-approved recreational marijuana initiative, but it remains to be seen whether future action amounts to an overhaul of or a mere tinkering with the new law. …
Britain will leave the EU’s single market when it exits the European Union, Prime Minister Theresa May said on Tuesday, putting an end to speculation that London might try to seek a “soft Brexit.” In a long-awaited speech in which …
Global growth could be better than expected in 2017, though many uncertainties remain that could impact expansion, with the biggest of them being steep gains in the U.S. currency, Allianz’s Mohamed A. El-Erian said on Monday. The outlook for the …
Zurich Insurance Group AG, Switzerland’s biggest insurer, plans to cut spending on large technology projects as it seeks to reduce costs, according to chief risk officer Cecilia Reyes. “Managing, harvesting the benefits from these investments” is a challenge, Reyes said …
Markel International, the London-based specialist insurer that leads the Lloyd’s livestock consortium, has extended the consortium’s aggregate capacity by signing up Beazley as a fifth member. With co-founders Tokio Marine Kiln, Pembroke and AEGIS London, Markel established the consortium in …
Global shipping insurers have devised a way to ensure nearly full coverage for Iranian oil exports from next month after striking a deal to provide cover without involving U.S.-domiciled reinsurers, officials in Tokyo and London said. Restrictions on U.S. firms …
Warren Buffett’s Berkshire Hathaway has won a license to provide reinsurance services in Malaysia, the billionaire investor’s group said, as it expands operations in Asia. Berkshire Hathaway Specialty Insurance Co. (BHSI) said in a statement it has established an office …
