The Insurance Institute for Business & Home Safety announced a change of leadership with the elevation of Carl Hedde, senior vice president of Munich Reinsurance America Inc., from vice chairman to IBHS chairman. In addition, Mark Pizzi, president and chief …
Wary of alarming customers, many firms never report the kind of cyber attacks suffered by Sony, Google and others — and as long as the stigma holds, tackling the growing problem may prove impossible. Data theft is a menace that …
The largest and riskiest U.S. financial firms could be forced to hold up to twice as much capital as called for in the international Basel III accord, under one plan the Federal Reserve is considering. Fed Governor Daniel Tarullo said …
“Electronic aggression,” sometimes called “cyber-bullying,” is an excluded offense under newly revised personal umbrella policy forms being filed countrywide by The American Association of Insurance Services (AAIS). AAIS is filing a revision of forms and endorsements provided under its personal …
The Hartford will now provide the Sierra Club’s 1.4 million members and supporters with access to its auto and home insurance through a program that will offer discounted rates in most states. The Hartford’s Going Green Initiatives In addition to …
Once again, Insurance Journal is on the search for leading privately-held property casualty independent agencies and brokerages for its annual Top 100 Property/Casualty Independent Insurance Agencies report. Top Overall Independent Agencies, Top Commercial Lines Independent Agencies, Top Personal Lines Independent …
A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A-‘ (Excellent) and issuer credit rating of “a-” of EMC Insurance Companies (EMC) and its seven property/casualty insurance company affiliates, which operate under an inter-company pooling agreement led by …
Actuaries are being urged to lend their expertise as insurers get more involved in using social media tools to connect with policyholders and prospects, tools that are producing metrics ripe for expert analysis. Actuaries should wade in and not wait …
From the satellite pictures on Google Earth, Jinan looks like any other Chinese city — sprawling construction sites, massive factory blocks, apartment buildings, a university, dozens of railway lines and wide-open plazas. But according to the Internet giant, somewhere in …
The hacking of a Sony Corp. customer database this spring has attracted class-action lawyers and consumers eager to cash in on the high-profile privacy breach. At least 40 lawsuits have been filed in U.S. federal courts — including at least …
