Homeland Security Orders Cyber ‘Sprints’ as Part of U.S. Plan Against Hacks April 1, 2021 By Alyza Sebenius and Shaun Courtney The U.S. Department of Homeland Security is undertaking a series of “sprints” to enhance American cybersecurity in the wake of...
Ex-Employee Gets Five Years for Stealing from Rhode Island Law Firm April 1, 2021 A former bookkeeper and office manager at a Rhode Island law firm who previously pleaded guilty to embezzling nearly three-quarters...
Former USPS Carrier Sentenced in Maryland for Working While Receiving Disability Comp April 1, 2021 A former U.S. Postal Service (USPS) carrier has been sentenced on a federal charge in Maryland for making false statements...
Massachusetts’ Risk Strategies Acquires Specialty Insurance Solutions April 1, 2021 Risk Strategies, a Boston, Massachusetts-based national specialty insurance brokerage and risk management firm, has acquired Specialty Insurance Solutions (SIS), expanding...
Insurers Have Not Yet Embraced Cryptocurrency Craze Despite Demand April 1, 2021 By Noor Zainab Hussain and Carolyn Cohn If Elon Musk’s Tesla wanted to insure all of its recent $1.5 billion bitcoin investment against the myriad of pitfalls...
Suez Blockage Claims Expected to Hike Marine Reinsurance Rates, Says Willis Re April 1, 2021 By Carolyn Cohn The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine...
American Family’s Stauffacher, Yancy, Others Assume Key Leadership Posts April 1, 2021 The American Family Insurance group has announced leaders in several new and existing key positions. Jessie Stauffacher, president and CEO...
People Moves: Aon’s Cook to Carpenter; Meyer Promoted to Chord Re CEO; Rocco Leads Everest Transformation April 1, 2021 This wrap-up of International People Moves details recent appointments at Guy Carpenter, Chord Re, and Everest Re. A summary of...
London Market Insurers’ 2020 Profits Canceled by COVID-19 but Rates Are Rising April 1, 2021 Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a...
Zurich Insurance Deepens Climate Change Strategy April 1, 2021 Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the...