China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months ago have created a two-front war that threatens to overwhelm cybersecurity’s emergency responders, according to former U.S. officials and private …
Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on average three new E&O cyber matters per business day in 2020, a whopping 100 percent increase from 2019, and most …
Leo Carney worries that bigger crowds and mask-less diners could endanger workers at the Biloxi, Mississippi, seafood restaurant where he manages the kitchen. Maribel Cornejo, who earns $9.85 an hour as a McDonald’s cook in Houston, can’t afford to get …
The Worldwide Broker Network (WBN), a global network of independent insurance and benefits brokers, has appointed Olga Collins as chief executive officer. Collins succeeds Francie Starnes, who will serve as CEO Emeritus through 2021. Collins joins WBN from its member …
Cannabis is getting bigger, and now insuring cannabis seems to be a bigger deal, too. The cannabis-focused insurance space can now be counted as part of a larger trend in recently announced business deals in cannabis. One80 Intermediaries announced on …
Swiss Re Corporate Solutions announced a plan to streamline the legal entity structure of its North American business. The changes include establishing Swiss Re Corporate Solutions America Insurance Corp. as its North American flagship insurance carrier. Also, Corporate Solutions plans …
U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS), prices charged on policies underwritten during the fourth quarter of 2020 …
As the country hits the one-year mark of the arrival of COVID-19, auto insurance industry trends are beginning to show a return to the pre-pandemic baseline, which will further intensify the ongoing customer acquisition war. As consumers hunkered down under …
A U.S. agency investigating Facebook Inc. for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys for three job applicants and a manager who claim the company discriminated against them told Reuters on Friday. A “systemic” …
The official committee representing child sex abuse victims in the Boy Scouts of America bankruptcy has agreed to give the BSA more time to respond to a lawsuit challenging BSA’s claims that several hundred millions dollars of its assets are …
