Risk
Carriers Can Avoid Some 2017 Uncertainty by Combating Cyber Risk, Embracing Innovation
Property/casualty face uncertainty about how they'll fare in 2017 for a variety of reasons, but there are four ways the sector can boost its odds for success, a new EY report argues. Insurers can ...
Trade Secrets Stolen in Massive Cyber Attack Against Steelmaker ThussenKrupp
Technical trade secrets were stolen from the steel production and manufacturing plant design divisions of ThyssenKrupp AG in cyber attacks earlier this year, the German company said on Thursday. ...
Berkley Sees Both Brexit and Trump as Having Minimal Impact
There could be more political surprises coming after the U.S. election of Donald Trump and Britain's vote to exit from the European Union but one leading insurance executive isn't too worried. "I ...
Cyence’s CEO Sees an Urgent Need to Model Cyber Risk
Property/casualty insurers continue to explore ways to better insure cyber risk. Cyence digs deeper, modeling the financial impact cyber events can cause. Launched a little over two years ago in ...
J&J Will Appeal $1B Verdict in Recent Artificial Hip Implant Trial
Johnson & Johnson will challenge the fairness of a trial that produced a verdict of $1 billion in damages against the company last week over allegations of design flaws in its Pinnacle hip ...
U.S. Regulators Are Missing Commercial Drone Safety Violations: Govt. Report
U.S. aviation regulators approved commercial drone applications so quickly in recent years that they missed safety violations and took few enforcement actions, a government watchdog report concluded. ...Rising Risks Could Cost Global Cities $1.17 Trillion of GDP in 2017: Cambridge Study
The costs of major shocks to the global economy from natural and manmade threats could put at risk $1.17 trillion of the total projected GDP of the world's major cities in 2017, according to the ...
State Farm Loses Hurricane Fraud Case in U.S. Supreme Court
The Supreme Court on Tuesday handed a victory to two whistleblower sisters by upholding a jury verdict that found State Farm defrauded the U.S. government when the insurance company assessed damage ...