Telecoms Have Lost Vast Data to Chinese Hackers Over 7 Years, Security Firm Says June 26, 2019 By Ari Rabinovitch and Tova Cohen Hackers broke into the systems of more than a dozen global telecom firms and stole huge amounts of data in...
Chubb, Hiscox, Tokio, Other Lloyd’s Underwriters Form Innovation Facility to Insure Emerging Risks June 26, 2019 A group of Lloyd’s underwriters has launched a new facility with £53 million ($67.5 million) of capacity that is designed...
Ex-AIG Employees, Seeking Back-Bonuses of $100M, Win British Court Ruling June 26, 2019 By Jonathan Browning A group of former traders and managers at American International Group Inc. won a London judge’s backing in their battle...
Jury Awards $3M-Plus in Michigan Misdiagnosed Epilepsy Case June 26, 2019 By Ed White A Michigan jury has awarded more than $3 million to a woman who was misdiagnosed with epilepsy, one of hundreds...
Senators Eye Making Tech Giants Reveal How Much Customers’ Data Is Worth June 26, 2019 By Marcy Gordon As Congress bears down on big tech companies, two senators want to force giants like Google, Facebook and Amazon to...
Data-Driven Insurance Future Clouded by Data Ownership Uncertainty June 26, 2019 By Jim Sams Insurers need to learn to share their data if they want to take full advantage of the mountain of information...
Porsche Auto Maker Offers Mileage-Based Auto Insurance in 2 States June 26, 2019 Owners of Porsche autos now have their own Porsche auto insurance. The mileage- based coverage is available to all Porsche...
Florida Keys to Receive $21M for Hurricane Irma Recovery June 26, 2019 Officials say the Florida Keys will receive $21 million for Hurricane Irma recovery, along with $35 million for affordable housing....
North Carolina, Feds to Purchase 24 Generators for Use During Storms, Disasters June 26, 2019 North Carolina and the federal government are paying over $1.4 million for 24 generators and other help so communities can...
Kentucky Looks to Encourage Insurtech Investments Through Regulatory ‘Sandbox’ June 26, 2019 By Shawn Hanson The Kentucky Legislature has passed the first state law in the U.S. providing comprehensive framework for an insurance regulatory “sandbox”...