Companies More Vulnerable to Cyber Breaches Around New Year January 3, 2014 By Sarah Frier and Peter Burrows A string of cyber attacks over the holidays — involving Snapchat Inc., Microsoft Corp.’s Skype and Target Corp. — underscore...
Florida Joins States Allowing Electronic Proof of Auto Insurance January 3, 2014 By Michael Adams Florida is joining the ranks of 29 other states and allow drivers to show law enforcement officers their proof of...
Appeals Court to Fast-Track BP’s Bid to Halt Gulf Oil Spill Payments January 3, 2014 By Laurel Brubaker Calkins and Margaret Cronin Fisk BP Plc’s bid to block economic-loss payments tied to the 2010 Gulf of Mexico oil spill unless the claims can...
Humana’s Shaw Chosen 2014 President of RIMS January 3, 2014 RIMS, the risk management society, reports that Carolyn M. Snow will be president for the 2014 term. Snow is the...
Swiss Re Shares Drop as Reinsurance Renewal Prices Fall: Zurich Mover January 3, 2014 By Carolyn Bandel Swiss Re Ltd., the world’s second – biggest reinsurer, fell the most in six months in Zurich trading after Willis...
Cell Phone, Other Distractions Greater Threat to Teen Drivers January 3, 2014 Teens may begin their driving habits with great caution but as months behind the wheel pass, they begin to multitask...
North Carolina Licenses Four Captives January 3, 2014 North Carolina Insurance Commissioner Wayne Goodwin said his agency has issued four captive insurance company licenses since the state’s Captive...
Australia Swelters from Record Heat Wave; Bushfire Warnings Issued January 3, 2014 By Colin Packham and Matt Siegel A searing heat wave is baking central and northern Australia, piling more misery on drought-hit cattle farmers who have been...
Lloyd’s Underwriters Warn of Rising Danger from Cyber Terrorism January 3, 2014 An article on the Lloyd’s website notes that “industrial facilities from nuclear plants to dams are increasingly coming under attack...
All Risks Ltd. Acquires Minnesota-Based Stonebridge Underwriters January 3, 2014 Independent insurance wholesaler, All Risks Ltd. announced it has acquired Stonebridge Underwriters, a national general agency and program administrator, based...