Effective Cybersecurity Strategy Rests on People, Not Just Technology March 1, 2017 While many organizations continue to focus on the technology aspect of cyber defense, which is crucial, they often do so...
House Republicans’ Report Hits ‘Too Big to Fail’ Designation Process March 1, 2017 By Pete Schroeder Congressional Republicans are taking aim at the regulatory process through which some financial institutions become subject to heightened regulation because...
State Farm Lost $7 Billion on Auto in 2016 March 1, 2017 By Andrew G. Simpson State Farm joined the ranks of property/casualty insurers reporting challenges in their auto insurance line of business. State Farm said...
Zurich, Deloitte Partner on Cyber Risk Services for Clients March 1, 2017 Zurich North America and Deloitte have collaborated to provide services aimed at educating and protecting customers from cyber related risks....
3 Firms Reported in Bidding for USI Insurance; Offers Top $4 Billion February 28, 2017 By Kiel Porter and Scott Deveau Carlyle Group LP, CVC Capital Partners and KKR & Co. are among suitors that have made first-round bids for Onex...
Takata’s $1 Billion Guilty Plea, Settlement with U.S. Includes Victims’ Fund February 28, 2017 Japan’s Takata Corp. removed a major obstacle to its potential sale or restructuring, pleading guilty on Monday in a U.S....
Insurers Caught In Municipal Bond Slump While Awaiting Trump Tax Plan February 28, 2017 By Sonali Basak, Romy Varghese and Lisa Du The disruption in the municipal bond market is punishing some of the most loyal buyers of the debt. The insurance...
Glazer Joins AIG as Deputy Counsel, Corporate Secretary February 28, 2017 American International Group Inc. has named Rose Marie Glazer as vice president, deputy general counsel and corporate secretary. Glazer will...
Businesses Appeal U.S. Judge’s Ruling Upholding Broker Fiduciary Rule February 28, 2017 The U.S. Chamber of Commerce appealed a Texas federal judge’s ruling upholding a Labor Department’s regulation aimed at putting retirement...
Trump Seeks Help from Insurers, Governors in Overhauling Health Insurance February 28, 2017 By Caroline Humer and Yasmeen Abutaleb President Donald Trump sought on Monday to bring the nation’s largest insurance companies on board with his plans to overhaul...