Massive Yahoo Breach Happened 2 Years Ago September 23, 2016 By Dustin Volz Yahoo Inc. said on Thursday that at least 500 million of its accounts were hacked in 2014 by what it...
R&Q Acquires U.S. Sports Captive Insurer in Runoff September 23, 2016 London’s Randall & Quilter Investment Holdings Ltd. said it has acquired United States Sports Insurance Co., a wholly owned captive...
Judge Claims Facebook Not Taking Terrorism Threat Seriously September 23, 2016 By Patricia Hurtado A federal judge slammed Facebook Inc., saying the social media giant might not be doing enough to deter terrorists from...
What Climate Change Has to Do with Earthquakes, Volcanoes and Tsunamis September 22, 2016 By Don Jergler Climate change will cause more earthquakes. It’s as simple as that. Deniers, start your engines. If that isn’t enough to...
National Flood Insurance Program Buys Private Reinsurance, Plans More in 2017 September 22, 2016 The federal government has contracted with private reinsurers to improve the National Flood Insurance Program’s claims paying ability and reduce...
Home Insurers, Agents Face Satisfaction Gap with Affluent Gen Y Customers September 22, 2016 Overall, home insurers are performing better in customer satisfaction as they compete more on improving the customer experience than on...
Burns & Wilcox Names CRC’s Fuhrman to Retail Agency National Relationship Post September 22, 2016 H.W. Kaufman Financial Group and Burns & Wilcox announced that Marc Fuhrman will join the firm in a new role...
New MGA Verve to Target Liability Market for Insurance Agents, Insurers in U.S. September 22, 2016 Newly-launched managing general agency Verve Risk Partners plans to target U.S. professional and management liability risks, focusing on insurance companies...
U.S. Autonomous Vehicle Policy Attempts to Straddle Lanes of Safety and Innovation September 22, 2016 By Jeff Plungis The new U.S. policy on self-driving cars received a mixed reaction from highway-safety advocates who acknowledged the life-saving potential though...
The Hartford Attracting Bidders for Annuity Runoff Business September 22, 2016 By Katherine Chiglinsky and Matthew Monks Hartford Financial Services Group Inc. is working with JPMorgan Chase & Co. to see if the insurer can find a...