News
A New Risk for Muni-Bond Insurers: Ransomware Attacks on Healthcare Providers
Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was partly responsible for the hospital's ...
Verizon Sued by Huawei in U.S. for Alleged Multiple Patent Violations
Huawei Technologies Co. has filed two patent infringement lawsuits against Verizon Communications Inc. following an apparent failure to agree on licensing terms for the use of its intellectual ...
Thai Broker TQM, Insurer Are First to Roll Out Thai Coronavirus Policy
The world's best-performing insurance firm has seized on the latest health concern to offer Thailand's first policy to cover the novel coronavirus. TQM Corp., with partner Bangkok Insurance Pcl, this ...
Allstate’s New Growth Plan Includes Agent Commission Revamp, More Advertising
Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty ...
The Latest Launches From Chubb and Berkshire Hathaway
Chubb enhanced one of its signature digital platforms with new capabilities for client and broker users. Berkshire Hathaway 's GUARD Insurance Companies added Michigan to the list of states where the ...
Executives On The Move at Farmers, W.R. Berkley and Kemper
Farmers Insurance made two promotions within its organization. W.R. Berkley Corp. appointed a former executive from The Navigators Group as a claims executive. Kemper Corp. appointed a new member to ...
Travel Interrupted: Thousands Stranded Globally by China Bans
China's coronavirus outbreak has triggered an unprecedented clampdown on travel to and from the world's second-largest economy, leaving thousands of people stranded across the globe and dealing a ...
AXA Reportedly in Advanced Talks to Sell Eastern Europe Unit to Austria’s Uniqa
Axa SA is in advanced talks to sell its central and eastern European operations to Austria's Uniqa Insurance Group AG, people familiar with the matter said. The insurers aim to reach an agreement in ...