Supreme Court Sides With Google in Software Copyright Battle Against Oracle April 6, 2021 By Andrew Chung The U.S. Supreme Court handed Alphabet Inc.’s Google a major victory on Monday, ruling that its use of Oracle Corp.’s...
Supreme Court Declines to Hear Appeals on Workplace Religious Bias April 6, 2021 By Andrew Chung and Lawrence Hurley The U.S. Supreme Court on Monday sidestepped a chance to further expand religious rights, turning away two cases in which...
People Moves: AIG Names BlackRock’s Wade as Digital Chief; Great American Promotes DeSoto; AXIS Adds to Cyber; Cover Genius Adds Execs April 5, 2021 American International Group announced that Claude E. Wade will join the company in the second quarter of 2021 in the...
CNA Says Email Now Safe As Cyber Attack Recovery Progresses April 5, 2021 CNA Insurance expects its corporate email and other functions to be fully operational soon as it continues its recovery efforts...
NY’s Cyber Guidance Could Boost Risk Management for Insurers, Insureds Across U.S. April 5, 2021 By Yakir Golan and Visesh Gosrani The Cyber Insurance Risk Framework, launched recently by the New York State Department of Financial Services, is a positive step...
Next Insurance Funding Hits $881M After Latest $250M Round April 5, 2021 By Mark Hollmer Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and...
Homeland Security Chief Prioritizes Disrupting Ransomware in Cyber Efforts April 5, 2021 By Raphael Satter Department of Homeland Security (DHS) Secretary Alejandro Mayorkas said last Wednesday that dealing with ransomware will be a top priority,...
Catastrophe Bonds Positioned to Tap Into Demand for Socially Responsible Investments April 5, 2021 By Tasos Vossos Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters...
New Federal Flood Insurance Rating Plan to Start Oct. 1 April 5, 2021 By Alwyn Scott Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under...
New Starr Environmental Shield Product Targets Manufacturing-Related Risks April 5, 2021 Starr Insurance Cos. has introduced Environmental Shield, a customized environmental insurance product that covers multiple manufacturing risks with a single...