Industry News
Zurich Holding Company of America Acquires Cyber Counterintelligence Firm
Zurich Holding Company of America, a subsidiary of Zurich Insurance Group, announced the acquisition of SpearTip, a cyber counterintelligence firm that helps protect clients against cyber threats ...
NAIC Weighs Overriding Credit-Rating Companies
The National Association of Insurance Commissioners is gearing up to challenge credit graders by overruling ratings on certain assets bought by insurance companies. The NAIC, a consortium of state ...
Microsoft’s Role in Email Breach to Be Part of Cyber Inquiry
\A U.S. cybersecurity advisory panel will investigate malicious targeting of cloud computing environments, including Microsoft Corp.'s role in a recent breach of government officials' email accounts ...
ChatGPT Fever Spreads to U.S. Workplace, Sounding Alarm for Some
Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears that have led employers such as Microsoft and Google to curb its use. Companies ...
S&P: COOs See Biggest Changes in Insurance Executive Compensation Packages
Though COOs experienced a decline in base salary in 2023, while CEOs and CFOs saw an increase, they made up for it with higher total compensation packages, according to the latest S&P Global ...
Severe Storms Have Already Led to $34B in Insured Losses This Year
Waves of severe thunderstorms in the U.S. during the first half of this year led to $34 billion in insured losses, an unprecedented level of financial damage in such a short time, according to Swiss ...
Flexible Work Will Survive Despite Gloomy Signals From WeWork and Zoom
WeWork Inc.'s future is in doubt. And Zoom Video Communications Inc., the pandemic poster child of remote work, just told its employees to get back to the office. The headlines suggest flexible work ...
Tech Bytes: New Partnerships at FloodFlash, Ascend, Applied Surety Underwriters
FloodFlash, an InsurTech offering sensor-enabled parametric flood insurance, announced a partnership with Hiscox. Hiscox is already an active participant in the U.S. flood insurance market, and as a ...