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...
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...
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...
U.S., Automakers Pursue Drunk Driver Detection Systems January 2, 2014 The U.S. Department of Transportation’s National Highway Traffic Safety Administration has extended for five years its agreement with automakers to...
Capital Capacity Softens January Renewal Rates up to 25%: Willis Re Report January 2, 2014 According to Willis Re’s January 2014 Reinsurance Renewals Report, “a heady cocktail of converging factors has fuelled a soft buyers’...
Reinsurance Rates Down by 11% for January Renewals: Guy Carpenter Survey December 30, 2013 Guy Carpenter & Co. has reported that reinsurance rates-on-line fell at the January 1, 2014 renewal in nearly all classes...
E&S Industry Should Expect ‘Persistent Competition’ in 2014: Fitch December 30, 2013 Growing capacity will limit rate hikes and promote persistent competition in the excess and surplus (E&S) lines market, Fitch Ratings...
What EEOC Reports It Accomplished in FY 2013 December 24, 2013 The U.S. Equal Employment Opportunity Commission (EEOC) reported it obtained a record $372.1 million in monetary relief for victims of...
Buyers Benefit from Soft Market in Airline Renewal Season: Willis Report December 23, 2013 According to the Q4 Issue of Airline Insight, from Willis Group Holdings, “unprecedented levels of competition, growth in exposures and...
Report Casts Light on High Cost of Homeowners Insurance in Florida December 19, 2013 By Gary Fineout Floridians are paying the highest homeowner insurance rates in the nation even though the state has not been hit by...