Personal Lines
Congress Tackles Cyber Security as Part of Federal Spending Bill
Companies that share data with the U.S. government for cyber security purposes will get more protection from consumer lawsuits under a measure piggybacked onto a massive federal spending bill ...
China Leader Urges United Front Against Hacking, Network Surveillance
China's President Xi Jinping laid out his vision for the Internet on Wednesday, calling for respect of different governance models and standardized online security, placing China at the front of ...
Typhoon Melor Kills Four, Leaves Millions in Philippines Without Electricity
Schools were shut in the greater Manila area and nearby cities as Typhoon Melor triggered a storm that paralyzed traffic with floods across the Philippine capital, the government said. The typhoon, ...
Most Insurers Both Ready for and Threatened by Solvency II
With only a few weeks left before Solvency II rules kick in on Jan. 1, most insurers are at least somewhat ready for the new minimum capital requirements, according to a new survey of executives from ...
Europe’s Domestic Regulators Add Tougher Rules On Top of Solvency II
Domestic regulators are increasingly "gold-plating" new European insurance capital rules by adding their own more stringent requirements, according to a survey of insurance trade associations. ...
Concord Group Insurance Pool Elicits A.M. Best Ratings Downgrade
Members of the Concord Group Insurance Pool are facing ratings downgrades from A.M. Best. The main reason: an "inconsistent" operating performance. What that means is that pool members Concord ...
Holiday Season Will Unleash Hordes of Novice Hobby Drone Operators in Need of Insurance
The next wave of hobby drones will be wrapped in boxes underneath Christmas trees before they fill the skies. If industry sales projections come true, the holiday season will put tens of thousands of ...
Chinese Online Property Insurer ZhongAn Tops List of Financial Technology Innovators
Chinese online property insurer ZhongAn has topped a list of financial technology (fintech) innovation companies, leading a strong showing by Chinese firms this year amid increased funding and ...