Chicago-based insurer CNA has named David Hallstrom to assistant vice president and industry leader, Cyber Insurance. In this role, Hallstrom is responsible for CNA cyber product management. Hallstrom has more than two decades of experience in technology, cyber and information …
Death claims are the most common hospital liability claims, according to an insurance company study released after researchers at Johns Hopkins University School of Medicine reported that medical errors are the third leading cause of deaths in the United States. …
Comcast Corp. paid $490 million this year to unwind obligations under life insurance policies tied to late founder Ralph Roberts and his wife Suzanne, a remnant of an era when generous executive perks received less investor scrutiny. The payments, some …
Oracle Corp. and Google are stepping before a jury a second time with potentially $9.3 billion on the line, and the prospect of profoundly changing how software is protected and licensed. The “World Series” of intellectual property, as the judge …
Swiss Re announced that Judy Klugman and Jean-Louis Monnier will co-head its global insurance linked securities (ILS) business. Klugman will remain global head of ILS distribution and lead the ILS team in New York. She has been with Swiss Re …
Intact Financial Corp. may post insured losses of as much as C$1.1 billion ($850 million) from the wildfires in Alberta, which could dent the Canadian economy harder than Hurricane Katrina hit the U.S. Intact, Canada’s biggest property and casualty insurer, …
Munich Re, the world’s second-biggest reinsurer, revised its full-year profit target to include restructuring charges at its primary insurance unit and losses on equity investments that hit first-quarter earnings. The shares fell to the lowest in more than eight months. …
BIG Independent Group Awards Accolades at Annual Southern California Event Riverside, CA- Rancho Cucamonga, CA, May 10, 2016- The BIG Independent Group, an association of independent insurance agents and brokers, announced the winners of its “BIGGIE Awards” at the group’s …
The directors and officers (D&O) liability marketplace continues to find softening rates and intense competition especially in excess layers, according to industry executives. The industry is also seeing a continuing trend of broader coverages, cyber risk emerging as a management …
Accident Fund Insurance Company of America announced the appointment ofDan Hassenzahlto regional director, Southern region. In this role, Dan is responsible for underwriting and marketing in Tennessee,Mississippi,Arkansasand Georgia. Hassenzahl joined the company in 2005 as a claims examiner and in …
