Was It an Act of War? That’s Merck Cyber Attack’s $1.3 Billion Insurance Question. December 3, 2019 By Riley Griffin, Katherine Chiglinsky and David Voreacos, Bloomberg By the time Deb Dellapena arrived for work at Merck & Co.’s 90-acre campus north of Philadelphia, there was a...
Alabama Court Gives Go Ahead to Workers Comp Suit Against AIG, Coventry November 4, 2019 By Jim Sams An Alabama appellate court has cleared the way for a lawsuit that alleges outrageous and fraudulent conduct by American International...
Groups, Officials Pen Letter to 3 Large California Insurers Asking Them to Ditch Fossil Fuels October 31, 2019 Several dozen activist groups, businesses and elected representatives released a letter on Thursday to the CEOs of Liberty Mutual, AIG...
SEC Investigating Valic, AIG’s Teacher Retirement Plan Unit, Reports WSJ October 29, 2019 The U.S. Securities and Exchange Commission is probing sales and disclosure practices at Valic, a unit of U.S. insurer American...
Cybersecurity Awareness Month: Time to Close the Cyber Coverage Gaps October 8, 2019 By Elizabeth Blosfield As Cybersecurity Awareness Month is underway, it may be time for businesses – especially small- or mid-sized firms – to...
AIG Taps Eccles from Argo, Langdon from Chubb for Senior Global Specialty Roles September 26, 2019 American International Group, Inc. announced the appointment of two senior leaders in its global specialty business. Steve Eccles will join...
Marsh’s Ellis Joins AIG to Head Retail Property September 4, 2019 American International Group has appointed Duncan Ellis as head of Retail Property, North America General Insurance. The company said Ellis...
Space Insurance Premiums Could Double After European Vega Rocket Crash July 31, 2019 By Carolyn Cohn, Tom Sims and Noor Zainab Hussain Space rockets and satellites are likely to cost more to insure after the European Vega rocket crash this month, which...
Cost of Norsk Hydro Cyber Attack Higher than Expected at Nearly $75 Million July 24, 2019 By Gwladys Fouche Aluminum producer Norsk Hydro has managed to ramp up operations at its Alunorte refinery in Brazil despite a cyber attack...
AIG Names Ling Chief Human Resources Officer July 22, 2019 American International Group has named Karen L. Ling as executive vice president, chief human resources officer. Ling will lead AIG’s...