NEW YORK— A record terrorism-related forfeiture order benefiting families of some Sept. 11 victims and others was reversed on appeal Wednesday, leaving in doubt what will happen to a $1 billion Manhattan office building at the center of the legal case. The 2nd Circuit decision written by Circuit Judge Richard C. Wesley said the buildings do not qualify as being... » Read More
WASHINGTON, March 29- Near-universal adoption of self-driving cars in the United States is likely by around 2055 and poses a long-term threat to auto insurance companies, Moody's Investors Service said in a research report released Tuesday. The report forecasts that fully autonomous or driverless cars could be a common option on U.S. vehicles by about 2030...
Is your small business equipped to handle the next major storm? Here are some important steps to protect your company.
Life and "key man" insurance policies have special rules regarding suicide.
Hammerson CEO, David Atkins says the company has absolute confidence in delivering its dividend, while weighing in on how a "Brexit" could impact Hammerson.
Hammerson CEO, David Atkins explains why demand in the retail space is polarizing to the larger shopping centers, while discussing the firm’s earnings.
EXCLUSIVE-ARCH CAPITAL'S TRAVEL INSURANCE UNIT ROAMRIGHT SAYS ZIKA FEARS PROMPT 81 PCT SURGE IN JANUARY SALES FOR LATAM TRIPS.
Arthur Lang, CFO at CapitaLand, says even though China's short-term outlook is worrying, he is optimistic about the long-term underlying fundamentals.
Arthur Naoumidis, CEO at Domacom, says after the sale of S. Kidman and Co to Chinese investors was blocked, he saw the opportunity for the general public to buy Australia's largest landowner.
For medium to long-term investments, Hong Kong equities are attractive because of lower valuations, but in the short term it is difficult to tell if H-shares have bottomed, explains Paul Pong, MD at Pegasus Fund Managers.
Asians and Russians who actively bought property in London's wealthiest areas have deserted the market, the Financial Times reports.
Signs of affordability, price-earnings ratios and tenant buying behavior all suggest Hong Kong's property market is still a bubble, warns Daniel So, strategist at CMB International Securities.
CNBC explains why there is a large gap between the number of households and amount of flood insurance policies in high-risk areas.
South Carolina's economic losses from the historic and deadly flooding will easily top $1 billion, experts say, but the looming issue for the state and federal government is that most of it will be uninsured.
Hessam Nadji, chief strategy officer at Marcus & Millichap, discusses what he expects from the Case-Shiller Home Price Index, out Tuesday.
A sprawling seaside mansion in Mumbai has been sold for $113M in the most expensive residential property deal in India's history, the FT reports.
Jeff Taylor, co-founder & managing partner at Digital Risk, explains what three factors are weighing on millennial minds when it comes to purchasing property.
Travelers Companies announced on Tuesday that Alan D. Schnitzer will succeed Jay S. Fishman as CEO effective Dec. 1 of this year.
Dermot O'Leary, chief economist at Goodbody, says there's very strong demand for London's property and supply is short.
Singapore's private property market has suffered from slackening transaction volumes and falling prices and it doesn't look like there's any relief.
Travelers reported a stronger-than-expected profit as catastrophe losses almost halved and it recorded a gain from the resolution of tax issues.