Claims & Reserving
Hackers Seek Increasingly Pricy Ransoms to Free up Tainted Computers
Hackers are demanding increasingly hefty ransoms to free computers paralyzed with viruses, as cyber criminals seek to maximize profits from large numbers of victims willing to pay up, according to ...
Israeli Cybersecurity Company Sees Autos as Significant Growth Market
The Israeli cybersecurity company that pioneered corporate firewalls is making deeper inroads with the auto industry. Check Point Software Technologies Ltd., the world's second-biggest provider of ...
Jury Urged to Hold J&J, Bayer Accountable for Allegedly Hiding Drug’s Flaws
Joseph Boudreaux says taking Johnson & Johnson's blood-thinning drug Xarelto was one of the biggest mistakes of his life. While Xarelto was supposed to help cut his stroke risk, Boudreaux says it ...
RIMS 2017: Experts Urge Insurers to Treat Cyber As Risk Management Issue
If fire breaks out in a building, you wouldn't run out and buy and extinguisher to fight it after the fact. You'd likely already have one. The same idea should apply to cyber insurance, and yet ...
Liability Claims Topping $1 Billion Now More Common: Allianz
Large liability claims are becoming more expensive, complex and international, with activity increasing outside the United States, according a report published by Allianz Global Corporate & ...
Handling Cyber as Standalone Insurance Could Benefit Carriers, Buyers Alike
Treating cyber risk as a standalone insurance market holds the promise of unlocking the potential for meaningful coverage for both insurers and buyers, according to a new report by JLT Re and JLT ...
Lawsuit Alleges Tesla Peddled Vehicles With ‘Dangerously Defective’ Autopilot Software
Tesla Inc. is facing its first U.S. legal challenge over self-driving technology in a case alleging the electric carmaker sold 47,000 vehicles with Autopilot software that's "dangerously defective" ...
Record Heavy Rains Heighten California Crop Risks
Record rains are a double-edged sword for California's Salinas Valley: While the recent deluge virtually ended the state's historic drought, it also created muddy, unworkable fields - sending prices ...