German drugmaker Bayer has contained a cyber attack it believes was hatched in China, the company said, highlighting the risk of data theft and disruption faced by big business. Bayer found the infectious software on its computer networks early last …
Australia will fine social media and web hosting companies up to 10 percent of their annual global turnover and imprison executives for up to three years if violent content is not removed “expeditiously” under a new law. The new law …
Ethiopian investigators urged Boeing to review its flight control technology and said pilots of state carrier Ethiopian Airlines had carried out proper procedures in the first public findings on the crash of a 737 MAX jet that killed 157 people. …
Britain took a decisive step away from a damaging no-deal Brexit as members of Parliament and political leaders backed efforts to prevent a disorderly departure from the European Union. The House of Commons vote shortly before midnight Wednesday to block …
Insurtech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place, small or one-off inland marine risks at the best possible rates. Carriers and brokers are building Internet-based underwriting …
Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Premiere Risk Management (PRM). Terms of the transaction were not disclosed. Located in the Chicagoland area, PRM is a full-service commercial insurance broker providing all lines of …
The National Highway Traffic Safety Administration said on Wednesday it was dropping a 2012 proposal to harmonize U.S. vehicle window safety standards with international rules. Under the Obama administration, the auto safety agency known as NHTSA proposed adopting international rules …
IA Capital Group, an insurtech-focused venture capital firm, said it has raised $150 million across three funds. The three funds are Inter-Atlantic Stonybrook Insurtech Ventures, focusing on property/casualty insurtech; Inter-Atlantic G Fund, focusing on life/annuity/retirement insurtech; and Inter-Atlantic Ivy, focusing …
Mercury Insurance has launched a home cyber protection offering for homeowners and renters in Georgia. The new coverage will provide Mercury policyholders with cyber insurance protection that includes payment and security options for computer and home system attacks, cyber extortion, …
Officials have finally pulled the plug to allow an unusual flood trapped inside a levee system in Mississippi to drain, but it could be weeks before waters fully recede. The U.S. Army Corps of Engineers opened a floodgate Monday that …
