News
Tech Risks Threaten Supply Chain More Than Weather: Guy Carpenter
Technology failure and cyber attacks represent a greater threat to most organizations than adverse weather, fire and social unrest combined, according to a new report by Guy Carpenter. The report, ...
U.S. House Panel Probes Obsolete Technology at SEC
A U.S. House of Representatives committee is investigating whether federal securities regulators are using last century's tools to review corporations' books despite a rule that requires them to use ...
A market conduct examination is a formal review by a state insurance department of how an insurer operates in the...
Google Loses Appeal in Street View Privacy Case
A federal appeals court rejected Google Inc.'s bid to dismiss a lawsuit accusing it of violating federal wiretap law when its accidentally collected emails and other personal data while building its ...
Language Police on ‘Laser-Focused’ Lookout for Executive Jargon
Liam McGee has a special way to emphasize his commitment to creating value at the 203-year-old company he runs, Hartford Financial Services Group Inc. "Our team is laser-focused on execution," he ...
Rendez-Vous Recap: Alternative Capital Remains Elephant in the Room
The 57th Reinsurance Rendez-Vous is winding down, and, while it's been another successful networking opportunity for the industry's movers and shakers, most of the discussions have ended on a note of ...Selective Insurance Names Marchioni President, Chief Operating Officer
Selective Insurance Group Inc. has selected John Marchioni as president and chief operating officer. Gregory E. Murphy, who remains chairman and chief executive officer, previously held the president ...
World Bank Insurer Posts Third Record Year on Power Projects
Political risk insurance provided by a World Bank Group agency in developing nations rose for a third straight year to a record, led by guarantees on power projects from Angola to Bangladesh. The ...AIG Said to Opt Against Berkshire Reinsurance After April Exec Departures
American International Group Inc. has decided against signing new reinsurance contracts with Berkshire Hathaway Inc. after Warren Buffett's company started a commercial insurer competing against AIG, ...