Eight out of ten U.S. consumers have a home data network and more than a third of them connect entertainment systems, gaming consoles and other smart devices to the Internet. The same survey suggests that all of this connectedness is …
Charles Taylor Adjusting (CTA), an international loss adjusting business focused on commercial losses and claims, has appointed Vince Cole as U.S. CEO and regional head. Based in Boston, Mass., he will be responsible for driving new business growth and leading …
American International Group won’t be reporting its Q4 2016 financials until Feb. 14, but a disclosure about a “material adverse reserve adjustment” from the insurer for its U.S. commercial business drew warnings from both A.M. Best and Fitch Ratings. A.M. …
This year will be a turning point for the U.S. property/casualty (P/C) insurance sector, as rising claims outpace pricing and reserve releases materially decrease, but it will not be a “softer for longer” rate cycle for the sector, according to …
Sullivan Insurance Group, an insurance and risk management firm headquartered in Worcester, Mass., has promoted Beth Grenier to vice president of claims and Monica T. DiPietro to manager of personal lines. Grenier has been with the company for 20 years …
European companies are unprepared to cope with the reality of today’s cyber risks, according to a new report from Marsh & McLennan Cos. (MMC) and cyber security company, FireEye. However, companies will be forced into action as a result of …
After years of lagging behind London on spawning financial technology startups, Paris this week hosted a show of force aimed at proving the French capital can catch up as more than 1,500 bankers, investors and entrepreneurs gathered. The Paris Fintech …
Sompo Canopius AG has appointed Steve O’Riordan as head of international property with immediate effect. O’Riordan brings 30 years’ experience in the international property markets to Sompo Canopius and will report to Derek Hansen, group head of direct and facultative …
A rupture at a plant in Winston-Salem, N.C., dumped red dye into a creek, killing some fish and prompting a warning for people to avoid the water. The Winston-Salem Journal reported the spill occurred at Hanes Dye & Finishing Co. …
A proposed settlement was filed Wednesday in the state investigation of West Virginia American Water’s role in a chemical spill and resulting water crisis in the Charleston area three years ago. Thousands of gallons of a coal-cleaning agent leaked from …
