Markets
European Carriers May Need More Protection for Policyholders if Insolvency Happens: EU
Insurers in Europe may need to put aside money to protect their policyholders should they become insolvent, and regulators should be able to be shut them down swiftly without the need for taxpayer ...
Many Global Firms Face Heavy Coronavirus Costs, Due to Epidemic Cover Exclusions
Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from ...
Aviva Email to Thousands of Customers Calls Them ‘Michael’ by Mistake
Aviva plc recently made a doozy of a customer service mistake, accidentally using the same name for several thousand of its customers. The British multinational general and life insurer sent an email ...
Business Interruptions Spread Globally as Coronavirus Cases Grow
Facebook Inc. is restricting employee travel to China, while other big companies including and Nissan Motor Co. and Starbucks Corp. are taking measures to shield employees in areas hardest hit by a ...
Recent Cyber Attacks in Europe, Middle East Reportedly Connected to Turkey
Sweeping cyberattacks targeting governments and other organizations in Europe and the Middle East are believed to be the work of hackers acting in the interests of the Turkish government, three ...
Insurance Jobs Increase Even as Overall Hiring Momentum Starts Slowing
There is an even balance in the share of U.S. businesses reporting decreases and increases in employment for the first time in a decade, a survey showed on Monday, the latest suggestion that the ...
The Latest Launches From Everest Insurance and Nationwide
Everest Insurance and another company are partnering on updated cover for smaller law firms. Nationwide will debut a new online three-part video series developed with a partner to help strength ...
Nationwide Invests in KINETIC, a Tech Startup Focused on Reducing Workplace Injuries
Nationwide said it has invested in KINETIC, a startup that makes a smart wearable device and software platform designed to reduce workplace injuries. The investment comes through Nationwide's venture ...