Underwriting
Unrest In Turkey Highlights Terror Coverage Gaps, Willis Exec Says
With acts of terrorism defined in different ways under standalone terrorism insurance policies, insureds could find themselves without coverage in situations more akin to political violence than ...
Cyber Disclosure To SEC Not Universal; Even Insurer Fails To Report: Willis
A majority of the U.S. listed Fortune 500 firms are following the U.S. Securities and Exchange Guidelines by providing some level of disclosure regarding cyber exposures, but disclosure is not ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...
IPO-Seeking China Companies Pay More to Avoid Boards Going Naked
Stephen Markscheid holds one of the riskiest jobs in the world—or so say directors and officers liability insurers. The 59-year-old former banker, a Mandarin-speaking American, sits on the boards ...
White House Threatens To Veto Farm Bill
The White House threatened to veto a five-year farm bill on Thursday because of "unacceptable deep cuts" in food stamps for the poor that could increase hunger across America. In a statement, the ...
Supreme Court Says FTC Can Sue Over Deals That Delay Generic Drug Sales
The U.S. Supreme Court ruled on Monday regulators can challenge deals between brand-name drug companies and generic rivals that delay cheaper medicines from going on sale, which regulators say ...
FDA Urges Protection of Medical Devices From Cyber Threats
The U.S. Food and Drug Administration, citing potential cyber threats to medical devices, on Thursday urged medical device makers, hospitals and other medical facilities to upgrade their protections ...
Survey: Nonprofits Unprepared, Underinsured Against Risks
Crystal & Co., a worldwide risk and insurance advisor, has released the results of its Nonprofit Risk Survey, presenting a snapshot of risk awareness and exposure among U.S. nonprofit ...