Risk
Cyber Attack Leads to Big Business Interruption, Earnings Issues for FedEx’s TNT Unit
FedEx Corp.'s TNT unit is still slogging through some transactions by hand and information systems may never fully recover from a June cyberattack that is expected to deal a blow to earnings. The ...
Sobering Milestone: Cyber Attack Damage Risks Now Rival Hurricanes
Cyber attacks have reached a point where they could rack up billions of dollars in economic and insured losses, rivaling damage created by hurricanes. This milestone means insurers must start ...
Any Brexit Deal Must Protect Insurance Sector’s Benefits to UK Economy: ABI
The insurance and long-term savings sector is one of the UK's most productive industries, adding more than £40 billion (US$51.5 billion) a year to the economy and helping Britain thrive, according ...
Apple Will Debut China Data Center to Comply With China’s Tougher Cyber-Security Laws
Apple Inc on Wednesday said it is setting up its first data center in China, in partnership with a local internet services company, to comply with tougher cyber-security laws introduced last month. ...
Chubb Makes Cyber Risk a Global Standalone Business; Focus Will Be on Next-Gen Needs
Chubb is making its Cyber Risk practice a standalone business and bringing in an executive from a D.C.-area management consulting firm to lead it. Bill Stewart is the new division president of ...
The Latest Launches From The Hartford, The Hanover Insurance Group and More
The Hartford is eyeing nonprofit groups with new features added to its flagship management liability offering. Separately, The Hanover Insurance Group beefed up an important product with new ...
Global Warming May Be Speeding Up: Harvard Scientists
Two climate scientists suggest they've come closer to resolving a critical debate about how quickly human activity will heat up the planet. The answer isn't good news. It's almost universally ...
Earthquake in Montana. Wow!
The strongest earthquake to hit Montana in more than half a century sent bartenders jumping over bars, food falling off grocery store shelves and woke up residents and dogs. There were no immediate ...