Underwriting
Massive Workers Comp Fraud Scam Leads to 13 Indictments
An investigation into what's being called one of the largest cases of workers' compensation health care insurance fraud in California Department of Insurance history led to 13 indictments announced ...
Validus Saw Net Income Plunge in Q4 in Competitive Market
Validus Holdings saw its income plunge in the 2015 fourth quarter Chairman and CEO Ed Noonan said, however, that the Bermuda-based insurance and reinsurance holding enjoyed premium gains in some ...
California Will Require Drivers for Driverless Cars
Google Inc. envisions a world where a blind man can get in his car alone and tell it to take him to the grocery store. California regulators say self-driving automobiles aren't smart enough yet to ...
Reporter’s Notebook: Could Insurance Be the Economic Engine for the Internet of Things?
Fill in the blank: Advertising is to the Internet as <Blank> is to the Internet of Things. Until I attended the Property/Casualty Insurance Joint Industry Forum earlier this month, the ...
Your Toaster Could be at Risk for a Cyber Attack
Hijacking "smart" toasters and refrigerators and hacking corporate ventilation systems are among the new threats envisioned by cyber security experts as an increasing array of items are connected to ...
A.M. Best Places AIG’s Financial Strength Rating Under Review, with Negative Implications
AIG's massive strategic plan - including a move to boost its loss reserves - caught the attention of A.M. Best. The ratings outfit is not impressed. The financial strength rating for American ...
Uber Fails to Freeze Drivers Group Lawsuit
Uber Technologies Inc. lost its bid to freeze a lawsuit bound for trial over California drivers' demands to be treated as employees while the company appeals rulings that dramatically increased the ...
Ukraine Grid Attack Sparks Worry Among U.S. Utilities About Getting Cyber Cover
U.S. utilities are looking hard at their cyber vulnerabilities and whether they can get insurance to cover what could be a multi-billion dollar loss after hackers cut electric power to more than ...