News
India Mulls More Relaxing of Foreign Investment Rules for Insurance, Other Sectors
The Indian government on Friday said it will consider further liberalizing foreign direct investment (FDI) rules in certain sectors, part of its efforts to make Asia's third-largest economy a more ...
Lloyd’s Seeks Clarity Regarding Insurance Policies With Cyber Cover
Lloyd's of London wants all insurance and reinsurance policies to clearly state whether coverage will be provided for losses caused by a cyber attack, saying this was in the best interest of both ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Risk Alerts: Medical Marijuana; LED Lighting and Eyesight Damage
Could medical marijuana laws actually be increasing opioid overdose deaths? Are the benefits of medical cannabis worth the possible side effects? Is the blue light in LED lighting damaging our ...
Asia Expansion Helped Push Global Insurance Premiums Past $5 Trillion in 2018: Swiss Re
Carriers' expansion in Asia helped push global insurance premiums past the $5 trillion mark for the first time in 2018, Swiss Re said in its latest sigma report. That growth came generally from ...
Sennott Named as CapSpecialty’s New Leader; Sills to Retire
CapSpecialty appointed long-time Board member Jack Sennott to be its new chairman, president and CEO. With Sennott's ascent, Stephen Sills, Cap Specialty's head of Professional Liability and Small ...
Boeing Pledges $100M to Support Families of Max Jetliner Crash Victims
Boeing Co. is offering $100 million to support the families of victims and others affected by two crashes of its 737 Max jetliner, which killed 346 people and have led to scores of lawsuits. The ...
Data Breaches Take Months to Discover, but They Happen Within Minutes
While it typically only takes a short amount of time for a successful breach to compromise data, the amount of time it takes for a breach to be discovered is more likely to be months. This means ...
Chubb Becomes First U.S. Carrier to Phase Out Coal Investments/Insurance Policies
Chubb Ltd will become the first U.S. insurer to phase out its coal investments and insurance policies, saying on Monday it will no longer sell insurance to or invest in companies that make more than ...