SEC Investigating Valic, AIG’s Teacher Retirement Plan Unit, Reports WSJ October 29, 2019 The U.S. Securities and Exchange Commission is probing sales and disclosure practices at Valic, a unit of U.S. insurer American...
Ransomware Attacks Rise 37% in Q3, Targeting IT Vendors, Their Clients: Beazley October 29, 2019 Ransomware attacks increased by 37% during the third quarter of 2019, compared to Q2, as cyber criminals target both IT...
Beazley Beefs Up U.S. Large Property Team with Berkshire’s Westhoff, Ironshore’s Irwin October 29, 2019 Specialist insurer Beazley has appointed Matthew Westhoff as head of U.S. large commercial property based in New York. Westhoff will...
Lowsley Joins Hanover from Navigators as Chief Human Resources Officer October 29, 2019 The Hanover Insurance Group has hired Denise M. Lowsley to be executive vice president and chief human resources officer. Lowsley...
Vehicles’ Pedestrian Warning Systems Need Improvement, Says IIHS October 29, 2019 By Tina Bellon The performance of modern pedestrian detection systems varies widely between carmakers, with high-end luxury brands generally faring better and other...
Markel Adds Cyber Security Tool WhiteHaX for Cyber Insurance Customers October 29, 2019 Markel, a cyber liability insurer, has added a risk management tool for its cyber insurance policyholders. WhiteHaX, a cyber risk...
Study Finds El Niños Getting Stronger October 29, 2019 By Seth Borenstein Climate change is making stronger El Niños, which change weather worldwide and heat up an already warming planet, a new...
Officials Warn Vaping Illness Hasn’t Peaked, Cause of Illnesses Still Unknown October 29, 2019 By Julie Steenhuyse The number of cases reported in the epidemic of lung-related injuries from vaping appears to be leveling off or declining,...
Autonomous Deliveries Will Likely Catch on Before Taxis, Says Waymo CEO October 29, 2019 By Keith Naughton True driverless cars have arrived from Waymo, the self-driving unit of Alphabet Inc., but the company’s chief executive officer says...
Give Technology Some Credit for Happier Auto Insurance Customers October 28, 2019 Customer satisfaction with the auto claims process has apparently reached record levels, thanks in no small part to carrier investments...