Monthly Archives: <span>April 2019</span>

Some Passwords to Avoid: Team Names, Fictional Characters, Pop Stars and ‘123456’

British football fans should be wary of rooting for their team by making them a password. Liverpool, Chelsea, Arsenal, Manchester United and Everton are all passwords that have been compromised hundreds of thousand of times, according to research published by …

AI Startup Cytora Raises $32.5M to Expand Commercial Insurance Products, Geographies

Cytora, the London-based provider of artificial intelligence-powered solutions for the commercial insurance industry, announced it has raised £25 million ($32.5 million) in new financing, which will be used to accelerate expansion of the company’s product suite as well as its …

Sompo International Appoints Brazil as CEO of SI Insurance (Europe)

Sompo International Holdings Ltd., the Bermuda-based specialty provider of property and casualty re/insurance, announced that Thomas Brazil will become chief executive officer of SI Insurance (Europe), SA, the company’s platform for European Economic Area (EEA) insurance business. Brazil has held …

Sports Sponsorship: It’s a New Ball Game for Insurers. Learn How Leading Carriers are Winning.

Brad Auerbach Head of Industry for Insurance, Facebook Insurance carriers invest heavily in sports activations, from stadium rights to tour sponsorships. Historically, the traditional sponsorship model has been an effective tool for insurance companies; however, the way people watch sports …

Why It’s Difficult to Insure Iconic Properties Such as Notre Dame

Rebuilding Notre Dame, the 800-year-old Paris cathedral devastated by fire last week, will cost billions of dollars as architects, historians and artisans work to preserve the medieval landmark. But contrary to what one might think, little of the money will …

SLTX: Surplus Lines Insurance Bills Advancing in Texas

The Surplus Lines Stamping Office of Texas (SLTX) reported that several bills that would affect the surplus lines insurance industry in the state have advanced in the state Legislature. HB 1940, relating to the eligibility of surplus lines insurers to …

Louisiana Company to Pay $25K to Settle Federal Disability Lawsuit

Federal regulators say a Louisiana company that operates a fleet of off-shore work boats in the Gulf of Mexico discriminated against and fired employee due to perceived disability. The U.S. Equal Employment Opportunity Commission (EEOC) filed a disability lawsuit against …

Wuthrich Named Executive Director of Houston Independent Agents Group

The Independent Insurance Agents of Houston (IIAH) has named David Wuthrich as the group’s new executive director. Wuthrich is a native Houstonian and has worked in the insurance industry for many years. Most recently, Wuthrich has been developing and implementing …

Suits Against Gun Seller Tied to Kansas Business Shootings Settled for $2M

The families of victims of a mass shooting at a central Kansas business in 2016 have won a $2 million legal settlement from a pawn shop that sold the firearms to the shooter’s girlfriend. The settlement of three lawsuits in …

Wisconsinites Push for Safeguards in Prescription Drug Step Therapy Process

People struggling with chronic diseases joined doctors and other advocates in making the case on April 17 for a bipartisan proposal in the Wisconsin Legislature designed to make it easier for patients to get needed prescription drugs even when insurance …