News
Hacking Threat Is Real For Global Shipping Fleet
The next hacker playground: the open seas—and the oil tankers and container vessels that ship 90 percent of the goods moved around the planet. In this internet age, as more devices are hooked up ...
Growing Percentage of Spy Hacks Traced to Eastern Europe: Verizon Study
Hacking for espionage purposes is sharply increasing, with groups or national governments from Eastern Europe playing a growing role, according to one of the most comprehensive annual studies of ...
Effective compliance management in insurance relies on well-organized information and digital processes that accurately reflect producer relationships across multiple interconnected...
Next Generation Cat Modeling: Multimodel, Open Source or Open Platform—What’s the Difference?
For the past two decades, insurers and reinsurers have licensed catastrophe models from AIR, RMS and EQECAT, and each vendor model came with its own front and back end to handle the model input and ...
Marsh Terrorism Risk Report Ups the Pressure on TRIA Renewal
Marsh unveiled a new report warning that the cost of terrorism reinsurance will become "volatile" without the Terrorism Risk Insurance Act. It also emphasizes that the post-9/11 law has helped ...
Travelers CEO Fishman Bullish On Results, Promises ‘Selective’ M&A
The Travelers Cos. may have made a bold move in 2013 when it snatched up Dominion of Canada General Insurance. But the property/casualty insurance giant will be extremely selective about future ...
Mortgage Insurer MGIC Rallies As U.S. Housing Market Improves
Mortgage insurer MGIC Investment Corp posted its highest quarterly profit since 2007 as fewer homeowners defaulted on their payments in an improving U.S. housing market, sending the company's shares ...
Lloyd’s Focuses on Brokers, MGAs, Capital in New ‘Vision 2025’ Plan Details
Lloyd's has published a more detailed strategy for 2014-2016, setting out how it will work towards achieving goals embodied in its "Vision 2025" Plan, describing "how the Corporation will support ...
U.S. Wildfires Get Bigger, More Frequent; Climate Change May Continue Trends
Wildfires across the western United States have been getting bigger and more frequent over the last 30 years—a trend that could continue as climate change causes temperatures to rise and drought to ...