Risk
Cyber Crime Worries Rise Among Small, Medium-Sized Businesses: Zurich
While the number remains low, there's been a robust rate of increase in the number of small and medium-sized businesses tuned in to the cyber attack risks they face, Zurich Insurance Group said in a ...
Workplace Violence, Aging Staff Among Health Care Systems’ Emerging Risks to Watch: Aon
For the 2017 accident year, health care systems will face a complex environment of emerging risks that will have a direct impact on workers compensation, according to analysts at Aon Global Risk ...
The Latest Launches From XL Catlin and Ironshore
XL Catlin is selling a new policy designed to help U.S. companies that store, handle and transport goods. Ironshore is beefing up its terrorism/shooter coverage with an added endorsement. *** XL ...
Wells Fargo Slammed With Class Action Lawsuit Regarding Sales Practices
A shareholder class action lawsuit was filed against Wells Fargo & Co on Monday that alleged the firm misled investors about its financial performance and the success of its sales practices. ...
U.S. E&S Results Crush P/C Industry as a Whole: Fitch Ratings
E&S underwriters continued to greatly outperform the U.S. P/C industry at large in terms of combined ratio in 2015, even though the sector takes up just a fraction of the overall market, Fitch ...
Tokio Marine Rebrands a Subsidiary to Better Capture More U.S. Business
A subsidiary of Japanese property/casualty insurance giant Tokio Marine is rebranding with an eye on capturing more commercial business from U.S.-headquartered companies. The unit, formerly known as ...
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 ...
More Insurers Boost Their Cash Holdings as Credit Worries Build: BlackRock
Insurers expect to slow purchases of high-grade corporate debt and hold more cash over the next two years, potentially squeezing already low returns, BlackRock Inc. said. "Cash balances are ticking ...