News
Common Misconceptions and 4 Other Reasons Cybersecurity Is Failing
Businesses are spending a small fortune on cybersecurity but what they are doing is not working very well, according to a cybersecurity expert who sees the insurance industry as a key to improving ...
Another Wells Fargo Snafu: It May Have Harmed Customers by Closing Real Accounts
After paying customers millions of dollars for opening phony accounts they did not want, Wells Fargo & Co has said it is now grappling with the possibility it harmed customers by closing real ...
When MGAs manage a high volume of insurance submissions, underwriting speed often depends on what happens before an underwriter ever...
Executives On The Move at Swiss Re and Great American
Swiss Re's Corporate Solutions arm chose an executive to lead its new global Contingency and Sports Personal Accident team. Two executives formerly with XL Catlin have joined Great American Insurance ...
Further UK Brexit Plan Details Are on Their Way
The U.K. is preparing to give further details of its approach to Brexit next week when it lays out positions in at least three different areas that it wants to negotiate with the European Union. ...
Bank of America, Deutsche Bank Resolve Agency Bond Rigging Lawsuits
Deutsche Bank AG and Bank of America Corp agreed to pay a combined $65.5 million to settle investor litigation accusing large banks of rigging the roughly $9 trillion government agency bond market ...
Global Insured Natural Catastrophe/Disaster Losses Hit $23B in H1: Swiss Re
Global insured losses from natural catastrophes and man-made disasters in the first half of 2017 totaled $23 billion, while economic losses during the same period came to $44 billion – an ...
The Latest Launches From Baron, MedPro Group and Pioneer Special Risk
Baron launched a new weather data distribution service. Berkshire Hathaway's MedPro Group expanded its international facility coverage capabilities for U.S.-domiciled risks. Pioneer Special Risk ...
Three Potential Atlantic Storms Are Brewing, Thanks to Warm Ocean Temps
Not one, but three potential storms threaten to usher in the busiest phase of the Atlantic hurricane season later this month, courtesy of warm ocean temperatures. The season -- which runs from June ...