Government
Farmers Follows USAA With Ridesharing Insurance in Colorado
Farmers Insurance said it will launch a coverage endorsement in Colorado for ridesharing insurance, a week after USAA announced a similar program for the state. Like USAA, Farmers said its coverage ...
U.S. Rules on Cuba Ease Travel, Trade, Insurance Restrictions
The United States rolled out a sweeping set of measures on Thursday to ease the half-century-old embargo against Cuba, opening up the country to expanded travel, trade and financial activities. ...
I.I.I. Survey: Cyber Insurance Will See Major 2015 Growth
Property/casualty insurance executives overwhelmingly predict growth in both cyber insurance and M&A activity in 2015, according to a new Insurance Information Institute annual survey. I.I.I.'s ...
Ex-NSA Director: P/C Industry Must Help Shape Cybersecurity Legislation
With Congress widely expected to focus on cybersecurity legislation this year, a former NSA director is urging the property/casualty industry to make its collective voice heard now. He said the ...
Obama Announces Revised Cybersecurity Bill
President Barack Obama sought to rally Congress to pass stalled U.S. cybersecurity legislation, an effort that may face obstacles as tensions with key Republicans quickly began to surface. Obama ...
MetLife Suing Over FSOC Designation
MetLife Inc. on Tuesday sued U.S. regulators over a decision to subject the insurer to tougher oversight because it harbors enough risk to endanger the financial system if the next crisis hits. The ...
It’s Official: President Signs TRIA Reauthorization Into Law
President Barack Obama has signed into law H.R. 26, The Terrorism Risk Insurance Program Reauthorization Act of 2015, Property Casualty Insurers Association of America reported yesterday, calling the ...
Sony CEO: Insurance Will Completely Cover Cyber Attack Costs
Over the past seven weeks, Sony Pictures' chief executive has dealt with the fallout from a cyber attack he likens to having your house robbed and burned to the ground. But the devastating hack, he ...