News
FTC Urges Congress To Lift Veil on Data Broker Activity
Companies known as data brokers collect and sell information about "nearly all" U.S. consumers, drawing potentially harmful conclusions about them largely without their knowledge, U.S. regulators ...
New Calif. WC State Fund Head Is Zenith, CNA and AIG Vet
The State Compensation Insurance Fund Board of Directors on Tuesday named Vernon Steiner as the new president and CEO of California's largest workers' compensation provider. The appointment is on a ...
Munich Re Plans IT-Based Coverage For Unanticipated Construction Costs
Munich Re will work with a German specialty software giant to develop what it bills as the first global IT-based insurance product for large construction projects to handle unplanned expenses. A ...
An Evolving Risk: Marsh’s Parisi on the Importance of Cyber Coverage
Marsh has tracked the evolution of cyber risk over the last 20 years as it has grown in scope—from technology failure to cyber terrorism and more. Cyber insurance has become an increasingly crucial ...AIG Warrants Leap To Record, Benefiting Fairholme Capital Management
American International Group Inc. warrants jumped to a record, benefiting investors like Bruce Berkowitz's Fairholme Capital Management LLC, which held the securities for years. The contracts ...
El Nino Threat Spurs Asian Governments Into Action
Asia's governments are scrambling to head off the potential impact of a weather phenomenon that in the past has driven food prices to levels that sparked social unrest. With lessons learned, ...
266 Reportedly Hurt in Turkey Quake Panic
An earthquake beneath the sea shook northern Greece and western Turkey Saturday, with 266 people reportedly injured in Turkey. The quake struck at 12:25 p.m. local time (0925 GMT) southwest of the ...
More than One-Quarter of Small Businesses Still Don’t Buy Insurance: Hiscox
Last week, global specialty insurer Hiscox published results of a survey of small business owners, revealing that 29 percent have no insurance protection, even though 13 percent have suffered a ...