Swiss Reinsurance Co. estimates the cost of Thailand's floods to the insurance industry will reach $8 billion to $11 billion.
The Swiss insurer puts its own costs from Thailand's worst floods in half a century at $600 million. The company sells backup coverage to other insurers, spreading risk in the event of huge losses.

A newly discovered planet is eerily similar to Earth and is sitting outside Earth's solar system in what seems to be the ideal place for life, except for one hitch. It is a bit too big.
The planet is smack in the middle of what astronomers call the Goldilocks zone, that hard to find place that is not too hot, not too cold, where water, which is essential for life, does not freeze or boil. And it has a shopping mall-like surface temperature of near 72 degrees, scientists say.

The Philippines expects a good rice harvest in the next dry season and will import less as a result.
Agriculture Secretary Proceso Alcala said at least 551,155 tons (500,000 metric tons) will be imported next year. The government will allow private traders to import half of the total volume and farmers' groups the remainder from Cambodia, Myanmar or Vietnam.

Qatar-based broadcaster Al-Jazeera has bought French rights to screen the Champions League for three seasons.
UEFA says it sold four of five available media packages covering 133 matches each season from 2012-15. The value of the deal was not disclosed.

Johnny Depp's "Rango," Anne Hathaway's "Rio," Antonio Banderas' "Puss in Boots" and Steven Spielberg's "The Adventures of Tintin" are among films competing for best-animated film at the Annie Awards.
The 10 nominees announced Monday also include James McAvoy's "Arthur Christmas," Owen Wilson's "Cars 2," Jack Black's "Kung Fu Panda 2" and three overseas contenders: "A Cat in Paris," ''Arrugas" and "Chico & Rita."

Crayola allows tots to doodle on the iPad using its iMarker just as they would a crayon on a coloring book. Tweens are able to belt out their favorite Miley Cyrus and Selena Gomez tunes on a Disney microphone that turns the tablet into a karaoke machine. And technology accessories company Griffin enables teens to fly its toy helicopter by using the iPhone as a remote control.
This holiday season, toy makers have turned Apple Inc.'s pricey tablet and smartphone into playthings for kids. They figure in this weak economy, parents will be willing to splurge on toys for their children that utilize devices they already have — or want — themselves.

It'll be a busy shopping season at next month's Sundance Film Festival, whose star-studded premieres are up for grabs by potential theatrical distributors.
Some premieres usually enter the independent-film showcase with U.S. distribution already lined up. But festival director John Cooper said all the premieres that Sundance announced Monday will be looking for distributors.

Carrie Underwood's fans have come through for her again, giving her another win at The American Country Awards.
Underwood, last year's top winner with six awards, won female single of the year for "Mama's Song" on Monday night in Las Vegas.

Six weeks after revealing she has breast cancer, E! News host Giuliana Rancic says she will have a double mastectomy. The 37-year-old made the announcement Monday on NBC's "Today" show.
"It was not an easy decision but it was the best decision for me," she said.

With age come such things as catheters, colostomy bags and adult diapers. Now add another indignity to getting old — having to drop your pants and show these things to a complete stranger.
Two women in their 80s put the Transportation Security Administration on the defensive this week by going public about their embarrassment during screenings in a private room at Kennedy Airport. One claimed she was forced to lower her pants and underwear in front of an agent so that her back brace could be inspected. Another said agents made her pull down her waistband to show her colostomy bag.
