Swiss Re AG and Britain’s Legal & General Group Plc are among firms considering bids for Deutsche Bank AG’s insurance business Abbey Life Assurance Co., according to people with knowledge of their plans. Deutsche Bank is seeking bids by the …
Nobody really knows what the biggest cyber risk is. But Scott Stransky, senior scientist at risk modeling firm AIR Worldwide, has thought a lot about a cloud breach and the business interruption ramifications. Listen as he describes the “Hurricane Andrew” …
The U.S. branch of Generali’s Global Corporate & Commercial business unit has launched a property insurance product for U.S.-based multinational corporations. GC&C is a relative new kid on the block in insurance terms, having launched quietly three years ago. Since …
Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed for high net worth individuals and families, has made several enhancements to its personal excess liability coverage, including the introduction of not-for-profit directors & officers (D&O) liability coverage. …
A West Virginia man has pleaded guilty in federal court to aiding and abetting arson and conspiracy to tamper with a witness. The U.S. attorney’s office for the Southern District of West Virginia said in a news release that 36-year-old …
North Carolina Gov. Pat McCrory said Tuesday he wants to change a new state law that prevents people from suing over discrimination in state court, but he’s not challenging a measure regarding bathroom access for transgender people. His announcement comes …
More than 1,000 clients from Florida’s Palm Beach County Health Department are believed to have been victims of a data breach. The department said in a news release Monday that the IRS and FBI contacted the agency in February and …
Allstate Insurance Co. is speaking out about an investigation by the Georgia Department of Insurance into the carrier’s plan to raise auto insurance rates for some in the state by at least 25 percent. In a statement to Insurance Journal, …
The first three months of 2016 were more active than usual in terms of severe weather in Mississippi. Ed Tarver, a meteorologist with the National Weather Service in Jackson, tells The Hattiesburg American the cause is due, in part, to …
Hiscox has expanded its cyber and data risk coverage to include Hiscox CyberClear. The product is designed for small and medium-sized enterprises in the U.S. with less than $1 billion in annual revenue. This product will complement Hiscox’s existing Cyber …
