PwC News

It’s Easy to Get Hacked: Just Connect to Fraudulent Wireless Hotspots

If anyone attending the Mobile World Congress in Barcelona this week doubts how easy it is to hack smartphones and tablets, Filip Chytry and his team plan to set them straight. By hacking into their devices. Chytry’s company, Prague’s Avast …

Progressive Announces New Boat Coverages in Florida

The Progressive Group of Insurance Cos., which insures more than one million watercrafts nationwide, has launched a line of new boating coverage options targeting Florida’s large population of boating enthusiasts. The Mayfield Village, Ohio-based company noted data from the National …

PwC: Climate Change Is Risk and Business Opportunity

Competition and regulation push companies to take action to protect themselves from the effects of climate change, not climate science, Jon Williams, partner at global consultancy firm PwC told the Reuters Global Climate Change Summit. Williams, who leads the finance …

Judge Allows $1B Malpractice Claim Against PwC Over MF Global Collapse

A federal judge on Wednesday rejected PricewaterhouseCoopers’ request to dismiss a $1 billion lawsuit accusing the auditor of providing bad accounting advice that contributed to the October 2011 collapse of MF Global Holdings Ltd, a brokerage run by former New …

Challenges, Opportunities of Health Exchanges, New Insureds

The 12 million Americans expected to begin enrollment in health insurance exchanges next year represent a customer base of new insureds with a demographic profile and health needs that differ from those of the current insured population, according to a …

PwC, CBI Survey Finds, Growth ‘Modest Optimism’ in UK Financial Services

A new survey, released by PricewaterhouseCoopers LLP (PwC) and the Confederation of British Industry (CBI) highlights an “unexpected rise in employment,” as well as growth and “modest optimism” in the UK’s financial services sector, including Britain insurers and brokers. “The …