Markets
U.S. Cyber Rates Rise as Insurers Try to Curb Ransomware Exposures
U.S. insurers are ramping up cyber-insurance rates by as much as 25 percent and trying to curb exposure to vulnerable customers after a surge of costly claims, industry sources said. The changes ...
InsurTech CyberCube Calls on Carriers to Set Global Cybersecurity Standards
CyberCube, an InsurTech focused on cyber risk analytics, is calling on the insurance industry to set global cybersecurity standards as the world digitizes. "Internet-connected technologies is a prime ...
Executives On The Move at Hamilton Insurance Group, Everest Re and Willis Re
Hamilton Insurance Group appointed a head of Property Reinsurance for its new U.S. reinsurance platform. Everest Re hired Artur Klinger as Managing Director of its Continental Europe business, to ...
Drivers Display Effects of Recreational Pot Even When Not Intoxicated by It: Harvard Study
Recreational cannabis use affects driving ability even when drivers are not intoxicated by marijuana, according to a study from a Harvard Medical School hospital. Published in the Drug and Alcohol ...
Claims Are Rising as Australia’s Bushfire Cleanup Process Begins
The New South Wales and Victorian state governments will coordinate the clean-up of insured and uninsured residential and commercial properties destroyed in the deadly wildfires. Under the plan, the ...
$8B Risperdal Award Against J&J Slashed to $6.8M
A Pennsylvania judge on Friday slashed to $6.8 million from $8 billion a punitive damages award against Johnson & Johnson to a man who said it failed to warn that boys using its antipsychotic ...
Insurers, France Lead Way on Scoring Investment Portfolios’ Impacts on Climate Change
Move over revenue growth and dividend payouts: it's time to take your portfolio's temperature. Policymakers are pushing investors to do more to ensure their portfolio choices help to meet the 2015 ...
Are You Sleeping Your Way to a Stroke?—And Other CM Risk Alerts
Excessive sleep has been linked to an increased risk for stroke. Toxins may be escaping from the screens of devices like smartphones and TVs. Fitbits may be able to help track flu outbreaks in real ...