U.S.
Ransomware Attack Strikes U.S. TV Station Operator Sinclair
U.S. TV station operator Sinclair Broadcast Group said on Monday it had found some of its servers and workstations had been encrypted with ransomware, disrupting office networks. Sinclair said it was ...
Regulation, Technology Know-How Delay Embedded Insurance’s Full Potential: ITC 2021
Embedded insurance has made substantial gains in 2021, but the technology faces regulatory and other roadblocks that postpone its full potential, a panel of experts and industry insiders said during ...
RIMS CEO Roth Will Retire in 2022 After a 17-Year Tenure
After a 36-year career advancing the risk management profession, RIMS CEO Mary Roth has announced she plans to retire following the RIMS 2022 Annual Conference & Exhibition that is scheduled for ...
Executives On The Move at Aspen Insurance Holdings and Nationwide
Aspen Insurance Holdings is hiring a new Group CFO to replace a veteran executive who is retiring. Nationwide choice a new Chief Operating Officer for its Excess & Surplus/Specialty team. *** ...
J&J Places Talc Liabilities Into Bankruptcy Via New Subsidiary
Johnson & Johnson on Thursday put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products caused cancer, offloading the potential liabilities into ...
MGAs Can Build Broker Relationships – Even in a Hard Market
How can managing general agents build broker relationships during a hardening market when insurers have much less incentive to provide capacity? After more than 25 years as a broker, Peter Blanc, CEO ...
Cyber Attack Financial Losses Driven by Business Interruption, Recovery Costs: AGCS Report
During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published by Allianz Global Corporate & Specialty (AGCS). Further, ...
Marsh McClennan Forms Multidisciplinary Cyber Risk Analytics Center
Marsh McLennan aims to combat cyber risks with a special center that combines expertise from its multiple businesses. The newly-launched Cyber Risk Analytics Center includes experts on cyber risk ...