U.S.
Towers Watson: Insurers Worry About Flat Growth and Low Interest Rates
Most insurers expect business conditions to remain flat or even become worse over the next few years. Within that context, regulatory changes and continued low interest rates remain their top ...
New York Payout to Madoff Victims Will Surpass $7.2B
The trustee liquidating Bernard Madoff's firm on Monday said he is distributing another $355.8 million to the swindler's victims, bringing the total payout to more than $7.2 billion. Irving Picard, ...
Insurers Face New York Cybersecurity Review After Anthem Attack
New York's Financial Services Department said on Monday it planned to do regular cybersecurity reviews of insurers in the wake of the massive breach at health insurer Anthem Inc. The state agency ...
Chinese Insurer to Grab Starwood Capital’s Baccarat Hotel in NYC
Barry Sternlicht's Starwood Capital Group agreed to sell New York's luxury Baccarat Hotel to an affiliate of China's Sunshine Insurance Group. The 114-room property on Manhattan's West 53rd Street is ...
Anthem, Reeling From a Data Breach, Warns U.S. Customers About an Email Scam
Health insurer Anthem Inc on Friday warned U.S. customers about an email scam targeting former and current members whose personal information was suspected to have been breached in a massive cyber ...
CNA Brings on New Senior VP For Healthcare
CNA Financial Corp. has hired on a new senior vice president for its healthcare sector segment. Glen Curley will take over the slot as of Feb. 23. He replaces Andy Shapiro, who is stepping down due ...
QBE North America Rolls Out M&A-Related Transactional Liability Practice
QBE North America is launching a new transactional liability practice designed for clients involved in mergers and acquisitions. The initiative reflects its latest expansion into other specialty ...
China-Backed Hackers Suspected in Anthem Cyber Attack
Investigators of Anthem Inc.'s data breach are pursuing evidence that points to Chinese state-sponsored hackers who are stealing personal information from health-care companies for purposes other ...