Officials in Delaware say a data breach at a third-party administrator for health insurance companies has affected five companies and 650 consumers. The Department of Insurance announced Thursday that BenefitMall’s Oct. 11 breach has affected five companies in Delaware and …
JenCap Holdings LLC (JCH), a specialty insurance business, has promoted Mark P. Maher to chief operating officer and hired David Nielsen as corporate chief financial officer. In his new role, Maher will work with the JenCap management team in developing …
The government may be reopening, but the consequences of the longest federal shutdown in U.S. history are likely to linger for national parks, forests, the federal workforce and cutting-edge scientific research. Some may even be permanent. Many fire crews missed …
French engineering consultancy Altran Technologies was the target of a cyber attack last Thursday that hit operations in some European countries, it said on Monday. Altran said it had shut down its IT network and applications and a recovery plan …
Twitter’s lead regulator in the European Union, the Irish Data Protection Commissioner (DPC), said on Friday it was investigating the company for a breach notification received from the social networking site. “The DPC has this week opened a new statutory …
The London market’s electronic placing platform, PPL Ltd., announced a platform update. PPL said the new release includes: An enhancement so the broker can now select multiple stamps for facilities. The underwriter response is identical to open market functionality; underwriters …
Everest Re Group, Ltd. expects to incur in the fourth quarter 2018 catastrophe losses of $695 million, net of reinsurance, reinstatement premiums and taxes. The catastrophe losses were related to the fourth quarter 2018 events of Hurricane Michael which affected …
With U.K. Prime Minister Theresa May refusing to budge from her Brexit position, members of Parliament are proposing a range of amendments demanding a change of direction. Some overlap and some complement each other. The chances of passage depend on …
PIMCO, the Newport Beach, Calif.-based fixed income investment manager, has hired Rick Pagnani from Mt. Logan Re as executive vice president, to lead the launch of the firm’s property and casualty insurance linked securities (ILS) business. The ILS market, which …
When the man running one of London’s biggest metals brokerages found a new client who wanted to finance large volumes of nickel held in warehouses in Asia, he thought the deal promised major rewards. Less than a year later, he …
