CFC Underwriting, the London-based specialist lines underwriting agency, announced the launch of a new cyber incident response application. The app allows policyholders to notify a claim with a click of a button and receive specialist support from CFC’s global cyber …
Progressive Corp., the fourth-largest U.S. auto insurer, boosted spending on marketing this year to win customers after scaling back in the second half of 2016 when increased costs from car accidents threatened the company’s profit goals. “We’re excited to be …
A federal judge in New Jersey recently dismissed a long-running lawsuit accusing Hartford Financial Services Group Inc.’s investment management unit of overcharging investors in six mutual funds, following a rare trial. U.S. District Judge Renee Bumb in Camden on Feb. …
The U.S. Drug Enforcement Administration will spend $500,000 on a program that aims to curb prescription drug and heroin abuse across the state. DEA special Agent Karl Colder tells the Charleston Gazette-Mail the project, announced Wednesday, targets drug traffickers who …
More than a year after a law was signed requiring them, child-detection sensors are still not installed on most new school buses because regulations on how to implement it have not been approved. Gov. Chris Christie signed Abigail’s Law in …
New Hampshire’s three biggest health insurers are largely in compliance in covering treatment for alcohol and drug addiction, and are committed to making changes when needed, state regulators said Thursday. The Department of Insurance began reviewing Anthem, Cigna and Harvard …
Consumer Reports, an influential U.S. non-profit group that conducts extensive reviews of cars, kitchen appliances and other goods, is gearing up to start considering cyber security and privacy safeguards when scoring products. The group, which issues scores that rank products …
The New York Department of Financial Services (DFS) has issued cybersecurity requirements for financial services companies (cyber rules) that went into effect March 1. The cyber rules, codified at 23 NYCRR §500, require insurance and insurance-related companies as well as …
PPL, the London market’s electronic placing platform, announced that marine business is now available to be bound on the PPL platform. The platform began trading stand-alone terrorism risks in July 2016, and now writes political violence, financial and professional lines, …
Pool Re announced it has increased its commercial reinsurance cover to £2 billion ($2.5 billion), compared with the £1.95 billion ($2.4 billion) of cover previously in place. The placement further distances the UK Treasury, and thus, ultimately, the UK taxpayer …
