Claims / Legal
Cyber Security Firm FireEye Grabs Rival for $200M
FireEye Inc said on Wednesday it paid $200 million to buy privately held iSight Partners in a move to boost its cyber intelligence offerings for governments and businesses as the sector consolidates. ...
Allianz: Business Interruption Remains Huge Risk; Cyber Gaining Fast
Business interruption is the top concern of risk managers heading into 2016 for the fourth year in a row, but cyber is a fast-growing corporate worry, according to a new report from Allianz Global ...
VW Pressured to Compensate Europe Customers in Emissions Scandal
Germany's justice minister and Europe's industry boss raised the pressure on Volkswagen to compensate European consumers as well as U.S. drivers for its diesel emissions scandal, potentially adding ...
Zurich’s Troubles Mount With Predictions of More General Insurance Losses
Zurich Insurance Group AG fell to the lowest in more than three years after Switzerland's biggest insurer put shareholders on notice that it expects a second straight quarterly loss in its general ...
Lloyd’s Discloses Standardized Data Requirements for Cyber Risks
Lloyd's of London has developed common core data requirements for cyber risks, a task achieved through collaborating with modeling firms AIR Worldwide and RMS, along with RMS' partner, the Cambridge ...
Hiscox Adds Nuclear and Biothreat Coverage to Terrorism Portfolio
Hiscox said it has beefed up its terrorism coverage, with an eye on addressing nuclear, chemical or biological threats. The specialist insurer also noted it provides the coverage, including policies ...
South Korea Will File Criminal Complaint Against VW’s Local Chief
South Korea plans to file a criminal complaint against the head of Volkswagen AG and Audi AG's local unit later on Tuesday, saying that a recall plan for emissions-cheating cars fell short of legal ...
Marine Insurer Caution Will Slow Oil Tanker Market’s Return to Iran
Foreign oil tanker owners are expected to make a slow return to Iran despite the lifting of many sanctions as insurers tread carefully, leaving shipping players unwilling to pick up cargoes as ...