Utilities Warned of ‘Easy-to-Use’ Malware Aimed at Causing Outages June 13, 2017 By Jim Finkle Two cyber security firms have uncovered malicious software that they believe caused a December 2016 Ukraine power outage, they said...
W.R. Berkley Forms Two Subsidiaries in Mexico June 13, 2017 W.R. Berkley Corp. said it has formed two subsidiaries in Mexico: Berkley International Fianzas México S.A. and Berkley International Seguros...
Paiano Succeeds Rupp as The Hartford’s Chief Risk Officer June 13, 2017 The Hartford has named Robert Paiano as its new chief risk officer to lead the company’s enterprise risk management operations,...
MAPFRE Gains 51% of Indonesian Insurer ABDA to Expand in South East Asia June 13, 2017 Insurer MAPFRE, which already owned 31 percent of the insurer, has gained 51 percent and effective control of Indonesian insurance...
Shipping Losses Fall to Lowest in 10 Years as Technology Drives Safety June 13, 2017 Large shipping losses have declined by 50 percent over the past decade and last year saw the lowest number of...
Peak Re Wins Approval to Write Reinsurance in Malaysia June 13, 2017 Peak Reinsurance Co. Ltd., a Hong Kong-based reinsurer, has been granted the approval-in-principle by the Labuan Financial Services Authority to...
Protectionism, Cloud Accumulation, Water Stress Among 20 Emerging Risks Facing Insurance Industry: Swiss Re June 13, 2017 Reduced market access, regulatory fragmentation, the return of inflation and cloud risk accumulation pose the largest challenges with the highest...
Massachusetts’ Rogers & Gray Insurance Hires First Chief Information Officer June 13, 2017 Rogers & Gray Insurance, a Kingston, Mass.-headquartered independent insurance agency, has hired Peter Cullivan as its first chief information officer,...
Ex-Car Dealership Official in New Jersey Sentenced for Stealing Nearly $3M June 13, 2017 The former general manager of a now-defunct New Jersey car dealership who got nearly $3 million through a fraud scheme...
Maryland’s Frederick Mutual Insurance Company Promotes Roso June 13, 2017 Frederick Mutual Insurance Company (FMIC), a Frederick, Md.-based provider of insurance coverage to homeowners and businesses in the states of...