Largest U.S. Data Breach Settlements with Government Include 3 Insurers July 23, 2019 By Bryan Pietsch The U.S. Federal Trade Commission announced on Monday that Equifax Inc. will pay up to $700 million for a data...
Allianz Promotes Castriotta to North American Financial Product Development Head July 23, 2019 Allianz Global Corporate & Specialty has promoted Kelly Castriotta to regional head of Product Development for Financial Lines in North...
More Funds Sought for Those Exposed to Radiation from Nuclear Weapons Test July 23, 2019 By Susan Montoya Bryan A compensation program for those exposed to radiation from years of nuclear weapons testing and uranium mining would be expanded...
Travelers Profit Up 6.3% in Q2 on Lower Catastrophe Losses, Higher Investments July 23, 2019 The Travelers Companies managed to boost its net income to $557 million for the second quarter, six percent more than...
U.S. Close to $5 Billion Penalty Against Facebook Over Cambridge Analytica Data July 23, 2019 By David Shepardson The U.S. Federal Trade Commission is expected to announce a roughly $5 billion settlement with Facebook Inc. as early as...
Equifax’s $700 Million Data Breach Settlement Criticized July 23, 2019 By Pete Schroeder Credit-reporting company Equifax Inc will pay up to $700 million to settle claims it broke the law during a massive...
Sage Program Underwriters Offers Workers’ Comp for Shooting Sports Industry July 23, 2019 Sage Program Underwriters has launched a new national workers’ compensation program for the shooting sports industry. The exclusive program targets...
Insurer Innovation Comes Under the Rating Agency Microscope July 22, 2019 By Russ Banham Underway for some time now, the disruption of the insurance industry has moved into a new phase, following the announcement...
Big ‘I’ Agents’ Group Names NAIC’s Eilers-Bowser to Capitol Hill Team July 22, 2019 Heather Eilers-Bowser recently joined the Independent Insurance Agents & Brokers of America ( Big “I”) Capitol Hill team as federal...
AIG Names Ling Chief Human Resources Officer July 22, 2019 American International Group has named Karen L. Ling as executive vice president, chief human resources officer. Ling will lead AIG’s...