Industry News
FBI Cyber Warning: Some TVs Too Smart, and Other CM Risk Alerts
A recent FBI warning says smart TVs could leave users vulnerable to cyber criminals. Deepfakes may soon become impossible to detect. Drug-resistant superbugs may be teaching each other how to fight ...
MS Amlin Will Exit Several Classes of U.K. P/C Business
MS Amlin, the London-based insurer and reinsurer, said it will cease underwriting corporate property, real estate, casualty and package binders through its U.K. P/C business with effect from Jan. 31, ...
S&P Assigns A- Ratings to Fidelis Insurance Operating Subs; Holding Co. at BBB
Noting the proven track record of its management team and strong top-line growth in a five year time frame, S&P Global Ratings has assigned A- financial strength ratings to the operating units of ...
AIG’s Zaffino Adds ‘President’ to His C-Level Titles
American International Group awarded Peter Zaffino a promotion, making him president of the insurance giant. Zaffino takes on the new role as of Jan. 1, 2020, though he'll still serve as Global Chief ...
Peacock Replacing Parker as USAA CEO
USAA announced on Tuesday that is board of directors has elected Wayne Peacock to serve as USAA's next President and CEO, effective Feb. 1, 2020. Peacock will succeed Stuart Parker who is retiring ...
Robust Personal Auto Insurance Market Will Slow in 2020: Fitch Prediction
Don't expect the U.S. personal auto insurance market to continue in 2020 with the strong results seen in 2018 and likely for 2019, Fitch Ratings said in a new report. Fitch said that "shifting market ...
TRIA, NFIP Win Renewals in Government Spending Bill
Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the age for tobacco purchases to 21 and extend the U.S. Export-Import Bank for ...
British Regulator Explores Data Sharing Expansion Into Insurance, Other Industries
Britain's Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks to savings, insurance, mortgages, investments, pensions and ...