Industry News
It’s Not Just the Marriott: Hotels Are Vulnerable to Hackers
Long before Marriott International Inc. disclosed a massive security breach, the hotel industry had earned the dubious reputation as a hospitable place for hackers. Thieves have skimmed credit cards, ...
An Instagram Strategy Can Help Create the Next GEICO Gecko
I recently moved to New York City from a comfortable, tree-lined New Jersey suburb, leaving behind three floors, a basement, a backyard and side porch for 1,000 square feet on busy West 55th Street. ...
The Latest Launches From The Hartford, Slice Labs and Allied World/Fairfax
The Hartford launched new coverage to help corporations and other entities with international exposures manage their credit and political risks. Slice Labs Inc. now offers its Insurance Cloud ...
Allstate Warns Q4 Results Will Dip From California Cat and Pension Settlement Losses
Allstate warned that catastrophe losses stemming from this fall's California wildfires and a pension settlement will do significant damage to its 2018 fourth quarter financial results. The ...
EU Reportedly Mulling Legal Declaration to Help May Sell Brexit Deal
European leaders will consider going at least some way to giving Theresa May what she's asking for to sell her Brexit deal at home. At a summit on Thursday, they were set to discuss publishing a new ...
Latest California Wildfires Have Produced More Than $9B in Insurance Claims
Insurance claims from the recent spate of California wildfires, including one ranked as the most deadly and destructive in state history, have topped $9 billion and are expected to grow, the state ...
The Latest Launches From Sompo International and Nationwide
Sompo International Holdings said it is boosting its cyber insurance capacity through the launch of a new U.S. team focused on the risk as well as a number of new products and services. Nationwide is ...
AIG Returns to CLO Market for First Sale Since 2008 Financial Crisis
American International Group Inc. has returned to the red-hot collateralized loan obligation market as an asset manager with its first sale since the financial crisis. The $500 million transaction is ...