Technology & Analytics
Mini Flash Crashes Caused By Sloppiness, Not A Broken Market: SEC
Unexplained rapid price drops in single stocks have generally been triggered by human error, not nefarious trading activity or high-speed trading algorithms gone wild, an official at the U.S. ...
Insurers Surveyed Not Confident In Ability To Manage Emerging Risks: Towers Watson
According to a recent survey of 500 global insurance executives conducted by Towers Watson recently, most believe they are ill-prepared to face emerging trends of attracting talent, using advanced ...
Dark Clouds Forming; Data Security Hurricanes Ahead For Cyber Insurers
Data security and privacy (cyber liability) insurance has become one of the hottest topics for the insurance industry and an area of growth for an industry emerging from a soft market. While data and ...
Is P/C Industry Overcapitalized? Maybe Not, Carrier CEO Says
The chairman and CEO of a specialty property/casualty insurance carrier called into question the notion that the industry is overcapitalized on last week, pointing to the changing nature of volatile ...
Obama Orders Patent Changes to Combat Abuses
President Barack Obama announced a series of actions aimed at protecting technology, finance and retail companies from lawsuits and demands for fees by businesses that abuse the patent system. The ...
European vs. U.S. Hurricane Models: Which Is Better?
When forecasters from the National Weather Service track a hurricane, they use models from several different supercomputers located around the world to create their predictions. Some of those models ...
New Tool to Shed Light on Costs of Blackouts
Atmospheric and Environmental Research (AER) and The Atmospheric and Environmental Research (AER). (HSB) have formed an alliance to provide a product that assesses blackout risk in the United States. ...New York Regulator Requests Details on Insurers’ Cyber Security Plans
New York's top financial regulator has asked some of the largest U.S. insurance companies to disclose details on their preparedness for cyber attacks, following a similar request to major banks ...