There is sufficient capacity available in insurance and reinsurance markets to provide sufficient coverage and withstand potential losses from hurricane related perils this storm season, according to Fitch Ratings’ annual hurricane season report. Early forecasts for the 2013 U.S. hurricane …
On the site of a former military golf course where President Dwight Eisenhower once played, the future of U.S. warfare is rising in the shape of the new $358 million headquarters for the military’s Cyber Command. The command, based at …
A Wisconsin court has ruled that a bar that served alcohol to an underage drinker can’t be sued for negligence because the person provided a false ID. Jennifer Serkowski was accidentally injured by a friend after they drank at a …
New schools built in West Virginia will be required to have shatter-proof glass and exterior door alarms. The requirements are among several safety measures approved by the West Virginia School Building Authority during a meeting at Spring Mills Primary School …
HCC Insurance Holdings Inc. has p[romoted of Simon Button to chief underwriting officer for HCC International Insurance Co. PLC and Lloyd’s Syndicate 4141, reporting to HCC International’s Chief Executive Officer Barry J. Cook. Button started with HCC in 2000. He …
American wheat farmers and a food safety advocacy group filed a lawsuit Thursday against biotech seed developer Monsanto Co., accusing the company of failing to protect the U.S. wheat market from contamination by its unauthorized wheat. The petition, filed in …
Standard & Poor’s and its parent company McGraw Hill Financial Inc. on Thursday won a ruling that moves 15 lawsuits in which they were accused of fraudulently inflating credit ratings to a single federal court. The U.S. Judicial Panel on …
The losses insurers face from the worst flooding in central Europe since 2002 may be lower than those resulting from the deluge 11 years ago even as the toll on local economies looms larger. Insured losses may reach 2 billion …
Safety management at the Chinese firm whose poultry slaughterhouse caught fire earlier this week killing 120 people was a “total mess” and two senior executives have been detained by the authorities, state media said on Thursday. The local government is …
A civil justice reform measure hailed in 2009 as the most comprehensive bill to ever affect Oklahoma’s legal system has been declared unconstitutional by the Oklahoma Supreme Court. In a 7-2 decision, the state’s highest court declared that the law, …
