The High Cost of Cybercrime to Insurers and Banks February 15, 2018 Cyberattacks cost financial-services firms more to address than any other industry and the rate of breaches in the industry has...
Widespread Market Firming Unlikely Even as Property Rates Rise: WTW February 15, 2018 Commercial property insurers are seeking double-digit rate hikes on catastrophe-exposed insurance programs following 2017’s record catastrophes; however, abundant capacity in...
How High Costs of Car Parts Drive Car Theft: Insurance Crime Bureau February 15, 2018 The National Insurance Crime Bureau (NICB) says today’s vehicles are loaded with expensive parts and technology that do more than...
SafeWaters Forms Agreement with Aspen Insurance to Expand Ocean Marine Coverage February 15, 2018 SafeWaters Underwriting Managers has a new delegated authority underwriting agreement to provide the U.S. and Latin American markets with expanded...
Exxon Gets Combative with Critics Suing Over Climate Change Policy February 15, 2018 By Bob Van Voris As climate-change lawsuits against the oil industry mount, Exxon Mobil Corp. is taking a bare-knuckle approach rarely seen in legal...
Automakers to Contribute $130M to Takata’s U.S. Settlement February 15, 2018 By Tom Hals A group of 13 automakers will contribute as much as $130 million to compensate those injured by faulty Takata Corp....
What to Expect in Workers’ Compensation Pricing in 2018 February 14, 2018 Workers’ compensation rates in 2018 will be mixed, with some programs seeing pricing flat to down and others seeing spikes,...
Hiscox Names McLaughlin as CFO in U.S. February 14, 2018 Specialty insurer Hiscox has appointed David McLaughlin as chief financial officer in the U.S.. McLaughlin is based in Atlanta and...
Help Wanted: Data Protection Officers to Aid Anxious Firms with EU Data Law February 14, 2018 By Salvador Rodriguez They may not have the cachet of entrepreneurs, or geek chic of developers, but data protection officers are suddenly the...
Calls for Regulation of Hobbyist Drones Follow Latest Close Encounter Report February 14, 2018 By Alan Levin A video from a drone that flew within feet of an airliner over Las Vegas and prompted outrage on the...