Chubb announced that it has enhanced its cyber incident response management capabilities and launched two new ways of accessing the service: a mobile application and a dedicated website. As the threat of cyber risks facing commercial enterprises increases, Chubb has …
Generali Group announced it has signed an agreement with Future Group to increase its stake in its insurance ventures in India to 49 percent from 25.5 percent. Generali’s presence in India is currently in the form of two joint ventures …
Sirius International Insurance Group, Ltd., the Bermuda-based re/insurer, plans to become a publicly listed company, trading on Nasdaq, after a planned merger with Easterly Acquisition Corp. Under the terms of the merger agreement, Easterly would merge with a subsidiary of …
The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world’s largest oilfield services provider. The 7-2 decision overturned a …
The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change can seem disruptive, so it’s critical that insurance companies better understand how …
A possible tornado tore through a northern Alabama county, uprooting and destroying a mobile home and leaving two adults and two children with minor injuries. Cullman County Assistant Emergency Management Director Scott McDonald says it happened in the unincorporated community …
Thousands of whiskey barrels crashed into a massive heap Friday when a large section of a decades-old storage warehouse collapsed at a distillery in the heart of Kentucky bourbon country. The damaged warehouse at the Barton 1792 Distillery in Bardstown …
The clock is ticking: The National Flood Insurance Program expires on July 31, 2018; so what happens next? It is well documented that the NFIP is broken and has been in disarray for a long time. The NFIP’s primary deficiency …
Alera Group has acquired Incline Village, Nev.-based Menath Insurance. Terms of the deal were not announced. Menath Insurance also has offices in Reno, and South Lake Tahoe, as well as in Susanville, Caif. Alera Group announced last week it acquired …
An estimated 230,000 gallons (870,619 liters) of crude oil spilled into floodwaters in the northwestern corner of Iowa following a train derailment, a railroad official said Saturday. BNSF spokesman Andy Williams said 14 of 32 oil tanker cars just south …
