News
Target Creates $10M Fund to Settle Claims in Data Breach
Target Corp. agreed to settle with more than 100 million customers whose personal information may have been breached in a database hack in 2013, among the biggest to hobble retailers and banks in ...
Insurance Innovation Can Tackle Global Environmental Disaster Risks
Property/casualty insurance industry innovation can help tackle environmental disaster risks as they emerge around the world, a Willis executive and UN official assert. Margareta Wahlström, the UN ...
For carriers and MGAs, cloud-hosted insurance platforms can reduce IT overhead, strengthen business continuity, improve security, and make scaling claims...
Economic Losses From Natural Disasters Could Hit $750 Billion Annually in 15 Years: AIR Study
Economic losses from global natural catastrophes likely will triple over the next 15 years, unless steps are taken to reduce bad development choices, according to preliminary results of a catastrophe ...
FIO’s McRaith: Feds Have the Backs of Insurers For Cyber Attack Threats
The federal government has the backs of insurers and their clients as they seek to protect themselves from, and adapt to, the fast-evolving threat of cyber attacks, Federal Insurance Office Director ...
Guy Carpenter Report Predicts Tsunami Risk in Asia Pacific
Guy Carpenter's new scenario risk report for the Asia Pacific region predicts the greatest tsunami risk in the area lies in Taiwan. The report, titled "Tsunami Risk from Magnitude 9.4 Earthquake in ...
CNA, Aon, WING Host Women in Insurance Tech Event; SJU Leadership Event Next Week
Last week, CNA, Aon plc and the Women's Insurance Networking Group (WING) collectively sponsored the 2015 Voices Live Chicago Event supporting the growing role of women in insurance technology. The ...
AAIS, ACORD Partner on Standards for Insurers
Two major organizations that supply standard forms, rating information and policies to the property/casualty insurance industry have agreed to work more closely together. The American Association of ...
AmTrust Will Grow Commercial Insurance Presence With ARI Mutual Buy
AmTrust Financial Services said it has agreed to buy ARI Mutual Insurance Company, a deal that will give it access to a number of regional commercial insurance products and related distribution ...