Underwriting
A New Hacking Threat Worsens: Fraudulent Instruction
A form of hacking is on the rise that insurers and their clients should be aware of: fraudulent instruction. The latest Beazley Breach Insights report outlines the escalating threat, where a hacker ...
Israeli Venture Capitalist Calls for Middle East Cyber Defense Alliance
Middle Eastern countries facing potential cyber attacks from Iran should form a Euro-Med alliance to protect their assets and people, said Erel Margalit, venture capitalist and former member of the ...
California Wildfire Insurance Claims Hit $12B Mark, a Record
Insurance claims from last year's deadly California wildfires have reached $11.8 billion, making it the most expensive series of wildfires in state history, an official said Wednesday. The staggering ...
Morgan Stanley Struck With New Lawsuit Alleging Persistent Racial Bias
Morgan Stanley has reneged on promises to stop discriminating against black employees, according to a lawsuit by a former broker who said he was fired after complaining about racial bias, including ...
CROs Will Become Key in Hacker Attack Battles, and Other Aon Cyber Predictions
As cyber attacks increasingly threaten business and grow in volume and scale, companies will be forced to take new measures to address cybersecurity risk holistically, integrating it more ...
The Act of Automation: Proven Technologies Streamline Reconciliation and Reduce Risk
As InsurTech makes slow but steady inroads in the insurance industry, the focus is now on cutting inefficiencies and streamlining workflows—things that can be done today with proven technologies ...
W.R. Berkley CEO: Trump Tax Cuts Bring Domestic Carriers a ‘Double Plus’ Benefit
W.R. Berkley Corp. President and CEO Robert Berkley Jr. referred to the Trump tax cuts as a "double plus" that will benefit domestic insurers in a number of ways in the months ahead. "From our ...
French Dairy Company Scandal Over Contaminated Baby Milk Goes Global; Multiple Lawsuits Likely
French dairy group Lactalis could have been producing salmonella-tainted baby milk since 2005, its chief executive was quoted as saying on Thursday, adding the growing crisis was likely to cost the ...