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Britain has refused to bankroll a fund to subsidize insurance for households in flood-prone areas, derailing talks over the scheme and potentially leaving 200,000 homes without protection.

Last Tuesday, California became the third state to legalize driverless cars, a concept automobile under development by Google that could one day revolutionize the way we drive. But the development raises a host of liability questions for insurers.

Last Tuesday, California became the third state to legalize driverless cars, a concept automobile under development by Google that could one day revolutionize the way we drive. But the development raises a host of liability questions for insurers.

The European Union may have to postpone strict new capital rules for insurers because of wrangling between member countries over the final shape of the new regulations, the official in charge of the project acknowledged on Wednesday.

The European Union may have to postpone strict new capital rules for insurers because of wrangling between member countries over the final shape of the new regulations, the official in charge of the project acknowledged on Wednesday.

Deloitte, Ernst & Young, PricewaterhouseCoopers and Towers Watson reveal whats on the minds of clients in 2012 and the actions theyre taking in serving those clients needs.

Deloitte, Ernst & Young, PricewaterhouseCoopers and Towers Watson reveal whats on the minds of clients in 2012 and the actions theyre taking in serving those clients needs.

The European Union is to put back by six months the deadline for member countries to enshrine strict new capital requirements for insurers into their law, drawing criticism from the industry over the reduced time available to adapt to the final version of the rules.