Russia’s Tech Giant Yandex Says It Repelled Biggest DDoS Attack in History September 9, 2021 By Alexander Marrow and Gleb Stolyarov MOSCOW — A cyber attack on Russian tech giant Yandex’s servers in August and September was the largest known distributed...
Lloyd’s Reports H1 2021 Profit of £1.4B ($1.9B), with 92.2% Combined Ratio September 9, 2021 By L.S. Howard Lloyd’s of London reported pre-tax profit of £1.4 billion (US$1.9 billion) for the first half of 2021, compared to a...
Cognizant Expects Insurers to Cover Bulk of $95M Settlement with Shareholders September 9, 2021 By Jonathan Stempel Cognizant Technology Solutions Corp. has reached a $95 million settlement to resolve a lawsuit accusing the information technology services company...
For Now, No Need for Federal Cyber Reinsurance Backstop: Experts September 9, 2021 By Mark Hollmer Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market,...
Global Reinsurers Shoulder ‘Considerable Burden’ of COVID-19 Claims September 9, 2021 By L.S. Howard Global life and non-life insurance and reinsurance COVID-19 claims are approaching $50 billion, which has had a significant burden on...
Tropical Storm Mindy Expected to Bring Heavy Rainfall to Florida Panhandle September 9, 2021 Tropical Storm Mindy is expected to produce two to four inches of rainfall across the Florida Panhandle into southern Georgia...
17 of 32 NFL Teams Have Vaccinated 95% of Players as Season Begins September 9, 2021 By Angelica LaVito Seventeen of the National Football League’s 32 teams have vaccinated 95% of their players against the coronavirus, according to league...
Atomic Energy Agency Seeks Japan Transparency on Release of Fukushima Water September 9, 2021 By Mari Yamaguchi TOKYO —Experts from the International Atomic Energy Agency asked Japan on Tuesday for full and detailed information about a plan...
Alera Group in Illinois Merges with Propel in Washington September 9, 2021 Deerfield, Ill.-based Alera Group Inc. signed a definitive agreement to merge with Propel Insurance Agency headquartered in Tacoma, Wash. Propel’s...
Beyond the Headlines: Workplace Violence and Workers Compensation Claims September 9, 2021 By Kathleen M. Bonczyk, M.B.A., Esq Whenever a legal dispute arises as to insurance coverage, the court will evaluate policy language to determine if a specific...