Marriott Starwood Data Breach Highlights Silent Cyber Risk in Acquisitions December 3, 2018 By Patrick Clark Marriott International’s $13.6 billion purchase of Starwood Hotel & Resorts was a bet that its popular loyalty program would bring...
Actuaries Face Uncertainty Amid Encroachment by Data Scientists December 3, 2018 By Michael Sasso Riley Howsden has one of those hip jobs everyone loves to hate. He works at L.A.-based video game producer Riot...
VW Investors’ $48M Diesel Settlement Receives Preliminary OK December 3, 2018 By David Shepardson A U.S. judge in California has granted preliminary approval to a $48 million settlement for investors who said Volkswagen AG...
Expert Sees a ‘Strong Need’ for Insurance for Cannabis Industry December 3, 2018 By Don Jergler There’s “still a really strong need” for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis,...
AXA XL Adds Cybersecurity Services to Cyber Insurance Program November 30, 2018 AXA XL, a division of AXA, has added complimentary proactive cybersecurity services for its primary cyber & technology insurance clients...
Marriott Starwood Assessing Impact of 4-Year Long Data Breach November 30, 2018 By Jim Finkle and Arjun Panchadar Marriott International said on Friday hackers stole about 500 million records from its Starwood Hotels reservation system in an attack...
CVS Says It Closed on Deal to Buy Aetna But Judge Balks November 30, 2018 In an unusual move on Thursday, a federal judge raised the prospect of not approving CVS Health Corp.’s deal to...
AXIS Consolidates 4 Businesses Into Single Global Cyber and Technology Unit November 30, 2018 AXIS Insurance said it is merging its U.S. Cyber, Technology, Media and Miscellaneous Professional Liability businesses into one major division...
Justice Department Vows to Pursue Individual Executives in Corporate Crime Cases November 30, 2018 By Tom Schoenberg The U.S. Justice Department will make executive accountability a part of every investigation of corporate wrongdoing, Deputy Attorney General Rod...
Democrats’ Climate Change Concern Ebbs When Congress Faces Flood Insurance November 30, 2018 By Christopher Flavelle and David Schultz A Congressional stalemate over flood insurance highlights the difficulty of enacting the type of reforms urged last week in a...