Claims / Legal
Ukraine Grid Attack Sparks Worry Among U.S. Utilities About Getting Cyber Cover
U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than ...
Marsh Starts Marketing New Global Excess Cyber Risk Facility
Marsh has launched "Cyber ECHO", a global excess cyber risk facility it pitches as offering more reliable insurance coverage for organizations around the world. The product is designed to bring ...
JPMorgan Will Pay Ambac $995M to Settle Mortgage-Backed Securities Claims
Bond insurer Ambac Financial Group Inc said JPMorgan Chase & Co will pay $995 million to settle disputes related to residential mortgage-backed securities. The settlement will have a positive ...
Google Compare Versus Agents: Who is Winning?
Insurance agents aren't dead yet, but even underwriters participating in the personal automobile insurance market may be looking for another line of work within the next two decades, industry ...
Historic Winter Storm Is 2016’s First U.S. ‘Billion-Dollar Weather Event’
While cleanup has only just begun, the historic winter storm that slammed into the Eastern United States over the weekend bringing everything from blizzard conditions to tornadoes caused some serious ...
VW Probe Reportedly Finds Emissions-Cheating Software Was Open Secret
Volkswagen's development of software to cheat diesel-emissions tests was an open secret in its engine development department, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results ...
Executives On The Move at Ironshore, BHSI and Lloyd’s
Ironshore named a new global energy industry practice leaders. Berkshire Hathaway Specialty Insurance has a new head of claims tasked with handline a line expansion. Lloyd's hired a regional director ...
Eastern U.S. Blizzard Leaves Disruption and Death in Its Wake
New York, Washington and the U.S. Mid- Atlantic on Sunday shoveled away more than two feet of snow from a blizzard that brought the region to a standstill, grounded more than 13,000 flights, cut ...