Commercial Lines
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 ...
EU Focuses on Limiting Brexit Damage as Negotiating Stance Finalized
The European Union warned the U.K. that its remaining 27 countries are now its chief concern rather than anything Theresa May might want to achieve from Brexit as it seeks to limit negative ...
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 ...
Chubb CEO Greenberg Elaborates on Initial Critical Comments About Wholesale Brokers
In the London and other wholesale insurance markets, the practice of some brokers bundling similar accounts into high-volume portfolios to be more efficient and attract underwriters while still ...
Executives On The Move at CNA, Hamilton Re and Groundspeed Analytics
CNA has a new president and CEO of its Canadian division. Hamilton Re made a number of new appointments and promotions to its managing team. Commercial insurance data automation firm Groundspeed ...
Insurance Linked Securities Continue 2016 Growth Trend
Non-life insurance-linked securities (ILS) capital grew again in Q1 2017, continuing the trend from 2016, according to the latest ILS Market Update from Willis Towers Watson Securities, the ...
More Brexit Fallout: FM Global Chooses Luxembourg as EU Hub
U.S. commercial property insurer FM Global is planning a European hub in Luxembourg following Britain's decision to leave the bloc, the head of its European division told Reuters. The mutual insurer, ...