Global Economy
Judge Rules Facebook Must Proceed With Privacy Breach Lawsuit
Facebook Inc. must defend itself in a District of Columbia lawsuit accusing the social network of failing to safeguard users' personal data and allowing a U.K. political consulting firm to mine the ...
Executives On The Move at Markel International and Aspen Re
Markel International is bringing a Chubb and AIG veteran on board to head its personal accident, contingency and entertainment business in Asia. Aspen Re made two major executive promotions and a ...
The Latest Launches From CyberPolicy, The Hartford and Geospatial Insight
CoverHound subsidiary CyberPolicy released a new one-click insurance product that can be purchased through trusted brands. The Hartford, thanks to a new partnership, will begin offering services to ...
AI InsurTech Betterview Pulls in New Investment From Nationwide, EMC, Maiden Re, More
InsurTech startup Betterview has raised a $4.5 million investment, with three carriers participating in the financing. Nationwide Ventures, EMC Insurance and Maiden Re took part in the Series A ...
Cyber Attacks Added to List of Municipal Bond Credit Risks
Huge pension debt. Crumbling infrastructure. Climate change. Now add cyberattacks to the list of things that municipal bond investors should worry about. The recent ransomware attack that shut down ...
Insurers Are Target Audience for New Online Dispute Resolution Startup
An offshore reinsurer has placed a bet that the future of insurance claims will include an option for consumers to resolve disputes online rather than in court. Greenlight Re, a specialty property ...
Allianz Grabs Two U.K. Insurance Businesses for $1 Billion Price Tag
Allianz SE agreed to buy two insurance businesses in the U.K. in deals valued at a combined $1 billion, transforming the firm into the second-biggest general insurer in the country. The ...
Executives On the Move at Starr, Willis Towers Watson and AIG
Starr Insurance Companies appointed a former Marsh executive to a leadership role involving the UK and Europe. Willis Towers Watson named an executive to oversee Corporate Risk and Broking for the ...