Underwriting
AIG Unleashes New Primary Cyber Policy for Property/Liability Exposures
AIG rolled out a new standalone cyber policy that provides primary insurance protection for a wide range of related risks. The insurance giant is marketing CyberEdge Plus as offering primary ...
Quadrant CEO Macauley: The Predictive Pricing Tool That Scares Insurers
To Quadrant Information Services Founder and Chief Executive Officer Michael Macauley, InsureWatch Looking Glass is the ultimate marketplace weapon. The cloud-based pricing tool assembles ...
Hacking/Malware Attacks Surge at Banks and Credit Unions: Beazley
Financial institutions such as small banks and credit unions faced a huge spike in the number of hacking and malware attacks during the first six months of 2016, Beazley found in a new report. ...
Berkshire Hathaway Acquisition Could Spur More Medical Professional Liability M&A
Berkshire Hathaway's plan to purchase a medical professional liability insurer specialty writer may have greater implications for the sector at large. Fitch Ratings said the M&A agreement will ...
Suit Would Force British PM to Consult Parliament Before Triggering Brexit
A lawsuit seeking to force Prime Minister Theresa May to consult parliament before beginning Britain's exit from the European Union will be taken "very seriously" and may reach the Supreme Court by ...
Several States Plan to Sue VW Over Diesel Emissions Scandal
New York and Maryland are among several states planning to sue Volkswagen AG over the environmental damage done by devices that were designed by the carmaker to cheat on pollution-control tests. ...
Dallas Police Use of Killer Robot Opens Risky Door
When Dallas, Texas, police used a bomb-carrying robot to kill a sniper, they also kicked off an ethical debate about technology's use as a crime-fighting weapon. In what appears to be an ...
XL Catlin Seeks to Spur Africa Market Growth With New Reinsurance Unit
XL Catlin is hoping to spur growth of the insurance market in Africa with the establishment of a new unit focused on providing facultative and treaty reinsurance across the continent. "Traditionally ...