Claims & Reserving
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 ...
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 ...
Marsh Starts Marketing New Global Excess Cyber Risk Facility
Marsh has launched "Cyber ECHO", a global excess cyber risk facility it pitches as offering more reliable insurance coverage for organizations around the world. The product is designed to bring ...
Historic Winter Storm Is 2016’s First U.S. ‘Billion-Dollar Weather Event’
While cleanup has only just begun, the historic winter storm that slammed into the Eastern United States over the weekend bringing everything from blizzard conditions to tornadoes caused some serious ...
VW Probe Reportedly Finds Emissions-Cheating Software Was Open Secret
Volkswagen's development of software to cheat diesel-emissions tests was an open secret in its engine development department, Germany's Sueddeutsche Zeitung newspaper said on Friday, citing results ...
Pentagon Postpones Cyber Security Requirement for 10,000 Contractors
The Pentagon has delayed for almost two years a requirement that as many as 10,000 companies show that they have systems to protect sensitive but unclassified information from cyber-attacks before ...
Liar, Liar: GM Switch Plaintiff Accused of Fibbing Drops Case
The Oklahoma mail carrier at the center of the first trial over General Motors Co.'s deadly ignition-switch defect is dropping his claims after being accused of lying to the court. Robert Scheuer, ...