Claims / Legal
Ex-AIG Chairman Greenberg Finally Tells His Side of the Story at Trial
Former American International Group Inc. Chairman Maurice "Hank" Greenberg says he got personally involved in an "insignificant" business deal at the insurance giant 18 years ago to teach some ...
Yahoo Faces Negligence Suits Over Massive Data Breach
Yahoo! Inc. is being accused in lawsuits of failing to secure customer data after the company said the personal information of at least 500 million users was stolen in a 2014 hack. As a result of the ...
Cyber Breach Costs Aren’t Significant Enough to Spur Big Security Investment in Computer Security
The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing one possible explanation for why companies do not invest more to improve computer ...
Business Email Compromise: Which Insurance Policy Pays?
Con artists have been increasingly busy the past couple of years convincing employees of companies and financial institutions to transfer funds to accounts masquerading as those of legitimate vendors ...
UPS Tests Drones to Deliver Urgent Medical Deliveries
United Parcel Service Inc said it began testing the use of drones for emergency deliveries of medical supplies this week with a flight in rural Massachusetts, which the company hopes will eventually ...
Massive Yahoo Cyber Hack Leaves EU Privacy Watchdogs With ‘Serious Questions’
The hack on Yahoo! Inc. that compromised the personal data of at least 500 million users is raising "serious questions" among European Union privacy regulators. The "vast number of people affected by ...
Marsh: Demand Spikes in Europe for Environmental Impairment Liability Cover
There has been a marked increase in the number of companies purchasing environmental impairment liability (EIL) cover across Europe in recent years, mainly due to an increase in regulation and buyer ...
Yahoo Reports Cyber Attack Breached at Least 500 Million Accounts
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon ...