Global Economy
The Need for Both Innovation and Cybersecurity Forces Businesses to Strike a Balance
Companies are working to balance their desire for new innovations with their need for strong cyber defenses, a new report from CompTIA, a technology industry trade association, finds. CompTIA's ...
JPMorgan Hacker Expected to Plead Guilty Over Role in Widespread Cyber Attack
A Russian hacker at the center of an alleged scheme to steal financial data on more than 80 million JP Morgan Chase & Co. clients will plead guilty later this month, according to a U.S. court ...
Reith Will Step Down as Neon Group CEO, but Remain as Board Member
Neon, a Lloyd's specialist insurer, said that its Group CEO Martin Reith is stepping down from running the company. Reith will make the transition on Sept. 30, though he'll remain a member of the ...
Tokio Marine Kiln Names New CEO and Enacts Other Leadership hanges
Tokio Marine Kiln (TMK) announced that after 11 years as chief executive officer, Charles Franks is assuming new responsibilities within the Tokio Marine Group (TMG). He will be succeeded by Brad ...
EU Mulls New Energy Taxes as Climate Change Countermeasure
The European Union is considering new energy taxes, including on the aviation sector, to meet its climate targets, top officials said on Friday, with Germany calling for "drastic steps" to reduce ...
The Latest Launches From Neptune Flood, Apollo Insurance Solutions and Cape Analytics
AXA XL and Neptune Flood inked a deal that will help more than double Neptune's capacity nationally. A Canadian digital insurance marketplace, has entered the American market with a liability ...
UK Insurer RSA Returns to Earlier Commercial Lines Organizational Structure
RSA UK & International has merged its Commercial Risk Solutions (CRS) and Global Risk Solutions (GRS) businesses to create a single business unit focused on commercial lines. This move follows ...
J&J Must Pay at Least $37.2M to Plaintiffs Who Blamed Cancers on Talc Powder
Johnson & Johnson must pay at least $37.2 million to four consumers who blamed asbestos-tainted talc for their cancers in the company's latest loss in nationwide litigation over its iconic baby ...