RMS, the Newark, Calif.-based catastrophe risk modeling and analytics company, announced the appointment of Karen White as its new chief executive officer, replacing current CEO and co-founder Hemant Shah. With more than 25 years experience as an executive and investor …
Germany’s government was marshaling its defenses on Thursday against a powerful cyber attack that lawmakers said had breached the foreign ministry’s computer network and whose origins officials admitted were still unclear. The head of a parliamentary oversight panel said the …
Nippon Life Insurance Co said on Friday it had agreed to buy an 85 percent stake in the domestic unit of U.S.-based MassMutual Financial Group for about 104.2 billion yen ($980 million) as it aims to boost its bancassurance sales. …
Dallas, TX, March 2, 2018—U.S. Risk Insurance Group, LLC, the nation’s fifth largest Property and Casualty wholesaler, announced today that it has acquired L.A. Xcess Insurance Brokers, Inc., a Los Angeles, California based wholesale broker focused on the entertainment industry. …
More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of how that first policy came about in the first part of this report, What Agent Who Wrote First Cyber Policy …
The Medical University of South Carolina fired 13 employees in 2017 after determining that they misused patient records. The Post and Courier reports that there were a total of 58 privacy breaches during the year. Eleven were characterized as employees …
Authorities say a man who’s responsible for starting fires at several Florida churches has been arrested. A Pinellas County Sheriff’s Office news release says 33-year-old Brody Allen Seiger was arrested on two counts of first-degree arson Tuesday. According to detectives, …
Appalachian Underwriters, Inc. has added Siran Wixom as a Commercial Specialty Underwriter in its office in Oak Ridge, Tenn. She will be handling small to medium size Commercial Specialty accounts. Wixom brings close to 20 years’ experience in the insurance …
QBE North America has added data breach planning services to all of its cyber policies to provide policyholders a simplified approach to the development of a cyber breach response plan. The company is initially offering these services through NetDiligence’s Breach …
Nevada Insurance Commissioner Barbara D. Richardson approved a slight decrease in workers’ compensation voluntary insurance loss costs and average increase for assigned-risk rates. Richardson approved two filings from the National Council on Compensation Insurance this week. Compared to previous years, …
