Ratings analysts at Standard & Poor’s say that a Dodd-Frank provision having to do with derivatives could improve insurers’ risk management and have a minor impact on ratings. In response to the financial crisis of 2008, Congress passed the Dodd-Frank …
A judge cited disabled Superstorm Sandy victims stranded in high-rise towers to illustrate his conclusion that New York City violated laws designed to protect the disabled — about 11 percent of the city’s more than 8 million residents — as …
A federal judge has dismissed a lawsuit by relatives of three men killed in the Upper Big Branch mine disaster who claimed that Alpha Natural Resources failed to pay them each $1.5 million as promised under a settlement with the …
A rising number of reports about deaths, injuries and malfunctions linked to the robotic surgery system made by Intuitive Surgical Inc. may pressure hospitals to bolster training for doctors using the $1.5 million device. The U.S. Food and Drug Administration …
The second explosive oil-train derailment this year, which has finally burned out in rural Alabama, may raise new questions about the safety of the crude-by-rail boom, pointing to problems beyond those that surfaced following the earlier tragedy in Quebec. Within …
Chubb Insurance Company of Europe SE announced the appointment of Jan Auerbach to the role of Chubb European Multinational Solutions manager, which offers insurance products and services for companies undertaking business internationally. Auerbach has 20 years of experience in the …
According to catastrophe modeling firm AIR Worldwide, in the three days since Super Typhoon Haiyan roared through the central Philippines, the scale of the devastation revealed in its wake continues to escalate. Preliminary analyses suggest that Haiyan (named Yolanda in …
Time has taken all those who actually fought in World War I, as well as almost all the people who lived through it. We now examine that war as history, just as we examine other conflicts that have broken out …
Axa SA agreed to buy a controlling stake in Colombian insurer Colpatria Seguros for €259 million ($346 million) to expand its Latin American operations. The purchase of 51 percent of the business gives the Paris- based insurer control of a …
RSA Insurance Group Plc, Britain’s biggest non-life insurer, tumbled by the most in more than nine years in London trading after the company suspended three top executives at its Irish operation. The stock fell as much as 16 percent, the …
