Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global Corporate & Specialty (AGCS). The impact of business interruption (which includes supply chain disruption) is the major risk for companies …
How a Small Distinction Can Nullify Insurance Coverage In June 2017, the NotPetya virus crippled many large companies including Merck and Mondelez (the manufacturer of Nabisco, Cadbury, and Toblerone). The aggregated losses, including property damage, operational disruptions, and supply chain …
To be the insurer of last resort for wind and hail insurance along the Texas coast — without state support and reliant on premium dollars and debt financing for funding, or to be a true insurance company that derives funding …
Brokers who file Texas surplus lines policies with SLTX will have until Feb. 28, 2019, at 5 p.m. central time to file any necessary adjustment forms or make corrections before the annual late filers report is produced, the stamping office …
Safebuilt Insurance Services, Inc. dba SIS Wholesale Insurance Services, a national commercial lines insurance program administrator, has launched an online Commercial Excess Liability program. This program offers follow form excess liability coverage with limits up to $10 million. Coverage is …
This Sunday, Jared Goff (in his third NFL season) and the Los Angeles Rams face off against Tom Brady (in his 19th NFL season) and the New England Patriots. Insurance Journal’s Academy of Insurance asked the insurance industry to pick …
Control Risks in partnership with the Hiscox Group has named product recall specialist Dan Cahill director of product risks. Cahill will be based out of Control Risks’ Houston, Texas office. He was formerly with WorldAware and RQA. He has more …
The Minnesota Department of Human Services says a data breach potentially exposed personal information on up to 3,000 people. Commissioner Tony Lourey tells legislative leaders it happened Sept. 28 when an employee fell for a phishing scam and clicked on …
Ford Motor Co. and other manufacturers want to help their workers take a load off. Or at least make it easier to lift a load up. Ford is among several companies providing wearable technology to elevate and support their workers’ …
Oklahoma Gov. Kevin Stitt has appointed a longtime cybersecurity expert as the state’s new director of the Department of Emergency Management. Stitt announced the hiring this week of Mark Gower to lead the agency that coordinates the state’s response and …
