Public Sector Risk

As temperatures spike and crops wither, the debate about climate change heats up. Nobel Prize-winning chemist, NOAA weigh in.

Berkshire Hathaway Inc. will terminate half of its bullish $16 billion bet on the credit quality of U.S. states, cities and towns, and has also cut its exposure to high yield corporate debt, it said in a regulatory filing this month.

More than four million U.S. residences along the Atlantic and Gulf Coasts are at risk of hurricane-driven storm-surge damage, totaling $710 billion in property exposure, says the 2012 CoreLogic Storm Surge Report.

Globalization has reached the insurance industry, making it increasingly important for regulators from around the world to communicate with one another to preserve markets and protect consumers, says the chairman of the International Association of Insurance Supervisors.

Globalization has reached the insurance industry, making it increasingly important for regulators from around the world to communicate with one another to preserve markets and protect consumers, says the chairman of the International Association of Insurance Supervisors.

Europe's biggest insurer, Allianz, is worried about the role central banks may have played in an interest rate rigging scandal that has enveloped some leading international lenders, the insurer's chief financial officer said on Friday.