Following an investigation spanning two years, dozens of witness interviews, and examination of thousands of documents, a Calif. Grand Jury has indicted 22 suspects on more than 100 felony counts.
Bermuda's Hiscox and Montpelier Re, as well as Luxembourg's Flagstone Re, say second quarter severe weather in the U.S. cost them each tens of millions of dollars. Hiscox's estimate of losses from the Japan earthquake is now at the high end of its range.
Mobile access will dominate the Web, and it will do so soon. In a late 2009 report, Morgan Stanley predicted that over the next five years, people will access the Web via mobile more than twice as much as they do via desktop devices.