February 17, 2022
Cryptocurrencies and deep-fake technology are sending chills throughout the U.S. government, with cyber crooks embracing digital innovations so rapidly that law enforcement can barely keep up, according to the Federal Bureau of Investigation. “Crypto is the primary currency, the primary …
February 17, 2022
Global insurer American International Group (AIG) reported strong fourth quarter and year-end results led by the performance of its General Insurance business. After reporting a net loss of $60 million in the fourth quarter of 2020, the company reported net …
February 16, 2022
WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey Cargo Underwriting on an affirmative cyber coverage product for cargo and stock throughput risks. WTW said the new product recognizes …
February 16, 2022
Ratings for the U.S. property/casualty industry returned to pre-pandemic levels with some companies strengthening balance sheets and improving operating results, said financial strength rating agency AM Best. In 2021 the number of rating upgrades increased to 54, up from 38 …
February 16, 2022
A new report from the U.S. Government Accountability Office (GAO) found most of the country’s critical infrastructure have yet to take steps toward adopting a nearly decade-old framework to improve cybersecurity. Just three of 16 identified critical infrastructure sectors that …
February 16, 2022
The nation’s top public health agency has proposed changing — and in some instances, softening — guidelines for U.S. doctors prescribing oxycodone and other opioid painkillers. The Centers for Disease Control and Prevention’s previous guidance, issued six years ago, helped …
February 16, 2022
The cybersecurity and insurance industries have been talking about prioritizing diversity, equity and inclusion for a while, but Larry Whiteside, co-founder and president of Cyversity, says conversations aren’t enough. “I will never forget the first time that I sat on …
February 16, 2022
President Joe Biden couldn’t have been more blunt about the risks of cyberattacks spinning out of control. “If we end up in a war, a real shooting war with a major power, it’s going to be as a consequence of …
February 15, 2022
A U.S. federal jury on Tuesday ruled against Sarah Palin in her lawsuit accusing the New York Times of defaming her in a 2017 editorial that incorrectly linked her to a mass shooting, after the presiding judge said he would …
February 15, 2022
Prince Andrew has settled a lawsuit against him by a woman who said he sexually abused her when she was a teenager at the late convicted sex offender Jeffrey Epstein’s Manhattan and Virgin Island properties. The amount of the settlement …