Maryland Agency Outlines Response to Cybersecurity Incident July 8, 2019 The Maryland Department of Labor has started notifying about 78,000 customers about potential unauthorized activity in two of its database...
Cambridge Analytica Data Scientist Drops Defamation Suit Against Facebook July 8, 2019 By Frank Bajak Aleksandr Kogan, the data scientist at the center of Facebook’s Cambridge Analytica privacy scandal, said he is dropping a defamation...
Brit Global Adds AIG, NAS Cyber Specialists to U.S. Cyber & Technology Practice July 8, 2019 James Patterson and Ryan Mimmo have been appointed vice presidents of Cyber & Technology for Brit Global Specialty USA. They...
Affordable Care Act’s Fate Could Rest with Appellate Court’s View on Technical Matters July 8, 2019 By Laurel Calkins and Lydia Wheeler The fate of Obamacare, the law that President Donald Trump campaigned on repealing and replacing, could hinge on several technical...
Pool Re Buys Non-Damage BI Retro Cover in Program Led by Liberty Specialty July 8, 2019 Pool Re, Britain’s terrorism reinsurer, announced the placement of its new retrocession program covering non-damage business interruption (NDBI) losses. The...
Brokerslink Bolsters Presence in Asia with Addition of 3 New Affiliates July 8, 2019 Global broking business Brokerslink has bolstered its presence in Asia with the addition of three new affiliates in the region....
British Airways Faces Record $230M Fine for Data Breach Under New GDPR Rules July 8, 2019 By Paul Sandle British Airways-owner IAG is facing a record $230 million fine for the theft of data from 500,000 customers from its...
European E-Scooter Startup Dott Raises $34M with Plans to Offer Insurance July 8, 2019 European startup Dott has secured 30 million euros ($34 million) in a fundraising led by existing investors EQT and South...
India Weighs Easing Foreign Investment Rules in Sectors Such as Insurance July 8, 2019 By Aditya Kalra and Aftab Ahmed The Indian government on Friday [July 5] said it will consider further liberalizing foreign direct investment (FDI) rules in certain...
Lloyd’s to Require Cyber Cover Clarity in Re/Insurance Policies July 8, 2019 Lloyd’s of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused...