Leadership
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
Sony CEO: Insurance Will Completely Cover Cyber Attack Costs
Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyber attack he likens to having your house robbed and burned to the ground. But the devastating hack, he ...
The Driverless Car Market Could Be Worth $42 Billion in a Decade
Vehicles that drive themselves on the freeway or take over in traffic jams may be on the road in large numbers by 2017 and autonomous cars might create a $42 billion market for the technology by ...
Qatar Re Appoints Ex- JLT Re CEO Speare-Cole as CUO
Qatar Re announced the appointment of Alastair Speare-Cole as chief underwriting officer, effective Jan. 12, 2015. He replaces Willi Schürch, who is retiring. Qatar Re CEO Gunther Saacke said that ...
USAA to Test Ridesharing Insurance Coverage in Colorado
USAA will test auto insurance coverage in Colorado designed to fill a gap left in the surging ridesharing industry. Ridesharing competes with traditional taxis by offering one-time shared rides over ...
Newly Public Specialty Insurer James River May Be a Takeover Target
James River Group Holdings Ltd. could be a takeover target after hedge fund firm D.E. Shaw took the insurer public, according to an analyst at BMO Capital Markets. The insurer will probably post ...
CNA Pushes Into Canada With Specialty Coverage Options
CNA Financial Corp. is making a big push to grow its specialty lines business in Canada. The commercial insurer, which has Loews Corp. as a majority owner, said CNA Specialty will start accepting ...
Warren Buffett’s Berkshire Hathaway Pleases Investors With Takeover Push
Warren Buffett said last year that Berkshire Hathaway Inc.'s future will be about buying big businesses and expanding them over time. As he celebrates his golden anniversary running the company, ...