Monthly Archives: <span>January 2018</span>

Travelers Europe Offers Enhanced Cyber Cover for UK & Ireland Tech Sector

Travelers Europe announced it has enhanced its offering for technology businesses in the United Kingdom and Ireland with a packaged product to provide improved protection against the unique cyber risks facing IT, communications and electronics manufacturing and assembly companies. The …

What to Do About Newly-Discovered Computer Security Flaws

Researchers from Google, academia and cybersecurity firms discovered two flaws in computer chips that affect nearly all modern computers. “Meltdown” is a flaw that affects laptops, desktop computers and internet servers with Intel chips and could let hackers steal data, …

Natural Catastrophe Claims in 2017 Reached a Record $135B: Munich Re

The insurance industry will pay record claims of US$135 billion from last year’s spate of natural catastrophes, according to a report published by Munich Re. Further, Hurricanes Harvey, Irma and Maria (HIM), the Mexico earthquakes and wildfires in California created …

How Takata Bankruptcy Could Affect Compensation for Car Owners

The judge overseeing the bankruptcy of Takata Corp.’s U.S. unit on Wednesday cleared the way for the company’s creditors to vote on its Chapter 11 plan, which critics say limits the legal rights of those injured by its deadly airbags. …

FEMA Announces Federal Disaster Assistance for Several Northeast States

The Federal Emergency Management Agency (FEMA) has announced that federal disaster assistance has been made available to the states of Vermont, Maine and New Hampshire to supplement state and local recovery efforts in the areas affected by severe storm and …

China’s Ant Financial May Re-Think Global Ambitions After MoneyGram Deal Fails

Ant Financial may have to re-tool its global ambitions after stiff U.S. opposition scuppered what would have been its largest overseas acquisition. The Chinese financial services giant controlled by Alibaba co-founder Jack Ma abandoned a plan to buy MoneyGram International …

Beale to Succeed Philipps as CEO of MS Amlin

MS Amlin announced that Simon Beale, MS Amlin’s chief underwriting officer, will succeed Charles Philipps as CEO on April 1, 2018. With immediate effect Simon Beale will become deputy CEO, James Illingworth will become chief underwriting officer and Martyn Rodden …

Marquee Managed Care Solutions Receives Full URAC Accreditation in Workers’ Compensation Utilization Management

San Diego, CA, January 4, 2018 – Marquee Managed Care Solutions (Marquee MCS) has been awarded full accreditation in Workers’ Compensation Utilization Management from URAC, a Washington, DC-based health care accrediting organization that establishes quality standards for the health care …

Genworth Not Giving Up on Being Acquired by China’s Oceanwide

Genworth Financial Inc. said on Wednesday it was pressing forward on its deal to be acquired by China’s Oceanwide Holdings Co. Ltd, which has stalled over concerns about Chinese access to sensitive U.S. personal data and faced renewed doubts after …

West Virginia’s Drug Overdose Rate Highest in Nation, Again

West Virginia still leads the nation in the rate of drug overdose deaths. The Register-Herald reports the latest data from the National Center for Health Statistics shows the age-adjusted rate of drug overdose deaths in West Virginia is 52 per …