Commercial Lines
Opinion: Travelex Ransomware Attack a Sign of Greater Trouble to Come
As ransomware attacks go, the cyber intrusion at Travelex that emerged on New Year's Eve could have lasting consequences — and ones that shouldn't be just a worry to the currency dealer. Travelex, ...
Hiscox and CyberCube Form a Partnership Deal
Hiscox plans to use technology developed by cyber risk analytics company CyberCube to generate better insight into potential systemic cyber risk. The partnership deal gives Hiscox access to ...
Before Seeking a Raise, Talk to Colleagues About What They’re Paid
Nearly everyone in corporate America contemplates asking for a raise at some point in their careers. Some people pull back from asking for more money, however, wary of how a supervisor or CEO might ...
Kemper $142M Arbitration Award Upheld on Appeal
The U.S. Court of Appeals for the Fifth Circuit has upheld a $141.7 million arbitration award in favor of the Kemper Corp. subsidiary, Kemper Corporate Services, against Computer Sciences Corp. A ...
Ex-Swiss Re Exec Burke Joins Liberty Mutual Re in Leadership Role
A former Swiss Re executive is joining a unit of Liberty Mutual in a leadership role. Susan Burke will be Liberty Mutual Re's new vice president and director of Assumed Reinsurance in the division's ...
USAA Wins Against Wells Fargo in Mobile Deposit Tech Patent Verdict
Wells Fargo & Co. was told to pay $102.8 million after a federal jury in Texas said it infringed United Services Automobile Association's patents for a mobile deposit system. It's the second ...
Zurich Insurance Sees Best Chance for Price Increases in Nearly 20 Years
Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost two decades as a shortage of supply and high natural catastrophe payouts help ...
Australia Bushfires Have Scorched 25.5 Million Acres; PM Proposes Inquiry
After weeks of criticism over the handling of the bushfires scorching Australia, Prime Minister Scott Morrison said on Sunday he will propose a national review into the response to the disaster, as ...