Commercial Lines
Russian Hackers Believed to Be Probing U.S. Power Grids
A group of hackers that shut down a Saudi Arabian oil and natural gas facility in 2017 is now targeting electric utilities in the U.S. and Asia, according to cyber-security company Dragos Inc. The ...
The Latest Launches From Travelers and Aspen Insurance
Travelers has added a new endorsement to California home and landlord policies meant to help counter wildfire risks. Aspen Insurance debuted its new cyber risk management platform. *** The Travelers ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Liberty Mutual Invests in, Partners With Autonomous Vehicle Safety Tech Startup
Liberty Mutual has taken a preemptive step to helping brokers and customers alike better understand emerging autonomous vehicle technologies, partnering with a technology firm focused on the matter. ...
AXA, W.R. Berkley Finance Startups Focused on Cybersecurity Ratings, Digital Coverage
AXA joined a $50 million financing for an information security company that rates companies' cybersecurity readiness. W.R. Berkley Corp. led a $12.5 million funding round for a startup with an ...
Guy Carpenter Suspends Two Over Email Harassing Incident
A Lloyd's of London insurance broker, Guy Carpenter & Co., suspended an executive for sending a sexually suggestive email about a female colleague. A second employee was suspended for forwarding ...
Two Oil Tankers Damaged in Suspected Attack Near Persian Gulf
Two oil tankers were damaged on Thursday in a suspected attack near the entrance to the Persian Gulf, stoking fears that high-stakes diplomatic efforts won't avert a military confrontation between ...
World’s Biggest Beer Brewer Opens Israeli Cybersecurity Unit to Help Counter Attacks
Anheuser-Busch InBev (AB InBev), the world's largest beer maker, said on Thursday it was opening a cybersecurity unit in Israel to help protect itself from a growing number of attacks. Israel is a ...
Property/Casualty Insurance in the Age of ‘Humane Automation’
Welcome to the age of "humane automation." As organizations ramp up technology investments in search of greater efficiency, a global conversation is emerging around the need to use artificial ...