U.S.
Marriott CFO: $1B Estimate for Massive Cyber Breach Is Premature
It's too soon for Marriott International Inc. to estimate the cost of the massive cyber breach that the company disclosed last week, and other companies that have suffered big attacks are imperfect ...
Executives On The Move at Hamilton Insurance Group and Everest Insurance
Hamilton Insurance Group appointed a new executive who will be focused on strategy and corporate development. Everest Insurance hired a vice president focused on marketing and ...
AIG Chooses Lyons as Its Next Chief Financial Officer
American International Group has a new chief financial officer. Mark Lyons, a former Arch Capital executive, is taking on the position along with the title of executive vice president after joining ...
Online Insurance Platforms Foster Both Good and Bad Situations: Geneva Association
Online platforms can foster insurance market transparency and reduce both transaction costs and information asymmetries, factors typically associated with increased competition and societal welfare. ...
The Latest Launches From Progressive, AXA XL and Starr Insurance Companies
Progressive Insurance is now offering its small business customers the option of an online marketplace for cyber coverage. AXA XL, meanwhile, added complimentary proactive cybersecurity services for ...
Chubb Predicts an Estimated $225M in Pretax Losses From California Wildfires
Chubb Ltd. said that the latest round of California wildfires caused an estimated $225 million in pre-tax losses that will ding its 2018 fourth-quarter results. Those losses hit $195 million after ...
Last-Ditch Effort Begins to Pass Self-Driving Car Bill
Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill. Staff for ...
Cannabis Industry Has ‘Really Strong Need’ for Specialty Insurance: Expert Perspective
There's "still a really strong need" for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the ...