Industry News
Report: False Positive Cyber Security Alerts Adding Unnecessary Cost
It is common knowledge at this point that cyber attacks are increasing in their frequency, scope and cost to businesses around the world. But falsely positive cyber security alerts are also taking ...
Obama Pushes For Cybersecurity Legislation; Contractors to Gain Initially
Symantec Corp. and other cybersecurity companies stand to gain from President Barack Obama's push to increase computer network protection in the private sector and U.S. agencies. Obama called on ...
RSA Will Battle Ex-Executive’s Unfair Dismissal Allegation
RSA Insurance Group Plc said it will fight a constructive dismissal case filed by the former head of its Irish unit, who stepped down more than a year ago amid an accounting scandal. Philip Smith, ...
State Auto Discloses Strengthened Prior Year Loss Expense Reserves
State Auto Financial Corp., a super regional property/casualty insurance holding company, has disclosed two big financial developments: strengthened prior year loss expense reserves and an adverse ...
AIG to Grow in Ireland With a Health Insurer Acquisition
American International Group is expanding its health insurance offerings with a new acquisition in Ireland. AIG said it will buy Layla Healthcare, Ireland's second largest health insurer, and that ...
Berkshire Hathaway’s Gen Re Advances Two Execs; Tooker Resigns
General Re Corp., one of the reinsurance units at Warren Buffett's BerkshireHathaway Inc., named Robert M. Jones and Carole M. Ferrero to lead direct sales of property- casualty coverage. Jones will ...
Karen Clark Rolls Out New U.S. High-Res Storm Surge Model
Karen Clark & Co. is rolling out a new U.S.-focused high-resolution storm surge model. The catastrophe risk company said the new model brings advances to the market including fully transparent ...
RMS Names Isaacson CTO
RMS announced Tuesday that it has appointed Cory Isaacson to the role of chief technology officer. He reports to CEO Hemant Shah and will lead the development of RMS(one). Isaacson was previously ...