New Chubb Will Preserve Old Chubb’s Agency Culture, Says ACE’s Greenberg July 23, 2015 By Andrew G. Simpson The new company formed as a result of ACE Limited’s acquisition of The Chubb Corp. will continue the Chubb practices...
Willis Partners with HITRUST to Address the Healthcare Industry’s Cyber Exposures July 23, 2015 The Health Information Trust Alliance (HITRUST), an organization supporting the healthcare industry in advancing the state of information protection, has...
Insured Catastrophe Losses Fell 36% in First Half of 2015 July 22, 2015 Property/casualty insurers catastrophe losses in North America for the first-half of this year were down 36 percent to $8.1 billion...
How AIG Is Using Cyber Intelligence to Protect Property from Cyber Attacks July 22, 2015 By Sonali Basak A three-hour shutdown of the New York Stock Exchange on the same day that a network failure halted all United...
Staged Hacking Shows Vulnerability of Connected Vehicles July 22, 2015 By Joseph Menn A pair of veteran cybersecurity researchers have shown they can use the Internet to turn off a car’s engine as...
Travelers Decided to Pass on Buying Chubb: Fishman July 22, 2015 By Katherine Chiglinsky, Selina Wang and Sonali Basak For Travelers Cos.’ dealmaking Chief Executive Officer Jay Fishman, sometimes it’s OK to let one get away. Fishman said Tuesday...
Travelers Q2 Profit Up 19% on Lower Catastrophe Costs July 21, 2015 By Selina Wang Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said second-quarter profit advanced 19 percent as natural...
Hanover Enhances Fidelity, Crime Coverage July 21, 2015 The Hanover Insurance Group, Inc. has launched a new Fidelity & Crime Advantage coverage program offered within its management liability...
Hiscox USA Names Goodwin to Chief Underwriter Post July 21, 2015 Specialty insurer Hiscox has appointed of Nicole Goodwin as chief underwriting officer for Hiscox USA. She will be based in...
Abercrombie Settles Religious Discrimination Case After Supreme Court Ruling July 21, 2015 Following a Supreme Court ruling in June against it, clothing retailer Abercrombie & Fitch’s has settled a religious discrimination case...