Yahoo Inc. said on Thursday that at least 500 million of its accounts were hacked in 2014 by what it believed was a state-sponsored actor, a theft that appeared to be the world’s biggest known cyber breach by far. Cyber …
London’s Randall & Quilter Investment Holdings Ltd. said it has acquired United States Sports Insurance Co., a wholly owned captive insurer of USA Swimming Inc. for $2.1 million. The company being acquired was incorporated originally under the laws of Barbados …
Asta, the Lloyd’s third party managing agent, announced it has received “in principle” approval* from the Lloyd’s Franchise Board to establish and manage Blenheim Syndicate 5886. Asta expects to commence underwriting policies incepting on or after Jan. 1, 2017. Nick …
There has been a marked increase in the number of companies purchasing environmental impairment liability (EIL) cover across Europe in recent years, mainly due to an increase in regulation and buyer awareness, according to a report published by Marsh. From …
A federal judge slammed Facebook Inc., saying the social media giant might not be doing enough to deter terrorists from using its platform. U.S. District Judge Nicholas Garaufis in Brooklyn, New York, also accused Facebook’s lawyers — by sending a …
Lloyd’s insurer Advent has appointed Jonathan Gray as consultant for its direct & facultative (D&F) property division. He takes up his role with immediate effect and will report to Nigel Fitzgerald, CEO. Gray brings more than four decades of underwriting …
IronPro, Ironshore’s financial and professional lines unit, is introducing Ironshore CyberCrime and DataProtect for English and Welsh Solicitors. Paragon International Insurance Brokers, a London-and-Bermuda-based independent global insurance broker, will exclusively market this product in conjunction with cyber monitoring and alert …
Some residents are suing a wood treatment company that once operated a site in rural Montgomery County where the state detected higher-than-normal arsenic levels. The Lexington Herald-Leader reports Mary and John Sparks, Gwen Burns and Cole Caddell filed the civil …
Gov. Rick Scott has ordered the Florida Department of Environmental Protection to investigate a sewage spill in St. Petersburg. Heavy rain during Hurricane Hermine overloaded the city’s sewer systems, sending millions of gallons of sewage to flow into streets and …
Gov. Earl Ray Tomblin is extending a state of emergency for five West Virginia counties devastated by floods in June. Tomblin announced the extension until Oct. 21 for Clay, Greenbrier, Kanawha, Nicholas and Webster counties to ensure that state resources …
