Global Economy
Massive Yahoo Cyber Hack Leaves EU Privacy Watchdogs With ‘Serious Questions’
The hack on Yahoo! Inc. that compromised the personal data of at least 500 million users is raising "serious questions" among European Union privacy regulators. The "vast number of people affected by ...
Marsh: Demand Spikes in Europe for Environmental Impairment Liability Cover
There has been a marked increase in the number of companies purchasing environmental impairment liability (EIL) cover across Europe in recent years, mainly due to an increase in regulation and buyer ...
Yahoo Reports Cyber Attack Breached at Least 500 Million Accounts
Yahoo! Inc. said the personal information of at least 500 million users was stolen in an attack on its accounts in 2014, exposing a wide swath of its roughly 1 billion users ahead of Verizon ...
Consolidation Vaults Tokio Marine to List of Top U.S. Surplus Lines Groups: A.M. Best
The 2015 roundup of the top U.S. domestic surplus lines carriers is more of the same, blended with a key element - consolidation - that could portend greater changes in the roster to come. A.M. ...
Lloyd’s of London Already Planning to Shift Some Businesses to EU
The Lloyd's of London insurance market is already working on plans to move some business to the European Union, aiming to be ready for the shift as soon as Britain starts divorce proceedings from the ...
The Latest Launches From Chubb, QBE and Lockton
Chubb expanded its cyber risk engineering capabilities in the U.K. and Ireland. QBE North America gave clients a new endorsement as part of its Product Liability product offering. Lockton is now ...
Tesla Security Patch Released to Address Model S Hacking Vulnerabilities
Tesla Motors Inc has rolled out a security patch for its electric cars after Chinese security researchers uncovered vulnerabilities they said allowed them to remotely attack a Tesla Model S sedan. ...
German Investors Sue VW for Record $9.2B in Emissions Scandal Fallout
Volkswagen AG faces Germany's biggest investor lawsuit as attorneys filed complaints totaling 8.2 billion euros ($9.2 billion) related to the diesel emissions scandal that wiped out a third of the ...