Insurance News
- Should cars warn when there's a child inside on hot days? September 3, 2010Safety advocates are urging Congress and regulators to force carmakers to install warning systems that would prevent distracted parents from leaving children in cars, preventing heatstroke deaths. At least 41 children have died already this year in hot cars, more than any previous year at this point. August was ... […]
- U.S. regulators see Dodd-Frank's help on systemic risk September 3, 2010WASHINGTON (Reuters)—U.S. banking regulators see new powers under the Dodd-Frank financial reform law helping avoid a repeat of 2008's frenzied sale of Wachovia and the wreckage that followed the collapse of Lehman Brothers. A commission investigating the causes of the financial crisis was told on Wednesday that the legislation, ... […]
- Reinsurance outlook stable, but challenges remain: Fitch September 3, 2010The worldwide reinsurance industry is expected to remain profitable this year, but a series of challenges could prompt reinsurers to focus on underwriting discipline, a rating agency said in an analysis released Wednesday. Fitch Ratings Ltd. said its outlook for reinsurers is stable and the industry is likely to ... […]