Specialty
Ransomware: The Cyber Insurance Game Changer
Anyone who works in cyber insurance knows that the industry is never static. It's a constantly evolving business as the risks change all the time, and this has never been more apparent than right ...
Hurricane Ida Pounds Louisiana, Creates Risk of ‘Life-Threatening’ Flooding
Hurricane Ida pounded Louisiana after sweeping ashore from the Gulf of Mexico, flooding wide areas under heavy surf and torrential rains as fierce winds toppled trees and power lines, plunging New ...
New Product Alert: Cloud Outage Insurance, Amped-Up Specialty Insurance, Cyber Cover Twist
ELEMENT and Parametrix Insurance are partnering on parametric cloud outage insurance for companies in Germany. Mosaic Insurance and DXC Technology have launched an insurance technology platform that ...
T-Mobile Claims No Continuing Risks to User Data From Recent Breach
T-Mobile US Inc said on Friday it was confident there were no continuing risks to user data from a breach disclosed earlier this month that affected more than 53 million current, former and ...
6 U.S. States Fail to Join $26B Opioid Settlements With Distributors and J&J
At least six U.S. states, including Georgia, did not fully sign on to a proposed $26 billion settlement with three drug distributors and Johnson & Johnson , which have been accused of fueling the ...
Executives On The Move at BHSI, QBE and Zurich Insurance
Berkshire Hathaway Specialty Insurance added an executive to its leadership team in Europe. QBE International boosted its Latin America focus with executive additions to its regional team in Miami ...
Here’s What Travelers, Coalition and Others Pledged After the White House Cyber Meeting
Four insurance firms — Travelers, Coalition, Resilience Cyber Solutions and Vantage Group— were among the participants in the White House summit on cybersecurity along with giant technology firms ...
Ping An’s Profit Drops by Double Digits Due to China Fortune Loss
Ping An Insurance Group Co of China , China's largest insurer by market value, reported a 15.5% fall in first-half net profit after a 20.8 billion yuan ($3.2 billion) loss suffered on investments in ...