News
Title Insurer Settles SEC Charges On Cyber Controls, Pays Nearly $0.5M
Last week, the Securities and Exchange Commission announced the resolution of charges against First American Financial Corporation alleging lax cybersecurity controls and procedures, with the federal ...
This Bud’s For You; Beer Maker Fired Up to Sell Insurance
In two separate announcements, the king of beers—Budweiser—said it would venture into the Canadian insurance industry with the launch of Budweiser Insurance. Addressing those who doubted the ...
Hello Future. How Carriers and Reinsurers Are Facing Tomorrow
Welcome to Carrier Management's 2021 Midyear Update—What's Next? The young woman on the cover of Carrier Management's summer digital magazine edition looks relaxed and eager to embrace the future. ...
Behind the Firewall: Underwriting Cyber Risk for Google Cloud Users
The best cyber underwriting information often is the least accessible. A thorough assessment of information security practices requires data from inside an organization's firewall, which is both ...
7 Major Cyber Insurers Join in Cyber Analysis, Mitigation Effort
With cyber attacks and insurance claims on the rise, leading cyber insurers AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a company to pool their data ...
Aon Cell Company + 8 Reinsurers Back Lloyd’s Central Fund; $900M Cover
Late last week, Lloyd's announced that the marketplace has secured a five-year £650 million (roughly $900 million) reinsurance cover for its Central Fund—a move should protect against severe tail ...
Aon CEO Makes Case For Willis Deal Boosting Industry’s Innovation
The enhanced ability to innovate is a principal motivator for Aon's proposed acquisition of Aon and Willis Towers Watson. It's a message that Aon CEO Greg Case has been emphasizing since the $30 ...
Foam With ‘Forever Chemicals’ Used to Put Out Chemical Plant Fire
A company hired to help extinguish a fire that gutted a northern Illinois chemical plant last week used foam containing toxic compounds that have tainted surface waters and groundwater across the ...