Cyber security is clearly on the minds of business executives, most of whom acknowledge their firms have been victimized by some sort of cyber attack. What are they thinking about cyber security, cyber liability and cyber insurance? Below are summaries …
A technology that gives claimants more control of the claims process and another that makes data conversion easier for insurers have been named winners of the 2015 ACORD Insurance Innovation Challenge. ACORD, the insurance industry’s global data standards and services …
Wells Media Group’s Carrier Management and Insurance Journal publications took home honors from this year’s Folio Awards that recognize excellence in publishing. The awards, sponsored by the publishing industry’s Folio magazine, are for writing, editing and design in the category …
Homebuyers may soon be able to buy insurance to protect their down payments in the event they sell their home at a loss. Much like title insurance protects the lender, this product promises to reimburse homebuyers for their full down …
The Hill, a popular Capitol Hill insider publication with political news and opinions, has placed five insurance groups and their lobbyists on its 2015 list of the top lobbyists in Washington for associations. The insurance trade groups making The Hill’s …
IBM said today it has agreed to acquire The Weather Co.’s business-to-business mobile and cloud-based web properties, including WSI, weather.com, Weather Underground and The Weather Co. brand. IBM will not acquire the TV segment – The Weather Channel –but the …
Marsh & McLennan Cos. Inc. reported $3.12 billion in consolidated revenue for the third quarter, a decline of about one percent compared to the same quarter last year, along with an 8.7 percent jump in net income to $323 million. …
U.S.-based small and medium sized businesses face an almost 12 percent chance that they it will be hit with an employment claim, with their chances much higher in certain states. A new study of employee charge trends by specialty insurer …
The Hartford reported core earnings of $364 million for the three months ended Sept. 30, a 24 percent or $113 million decrease from core earnings of $477 million in third quarter 2014. The insurer said the decrease was principally due …
By the time today’s millennial insurance professionals are its top executives, the U.S. personal auto insurance industry will be a skeleton of its current self. Within 25 years, the private passenger automobile insurance industry will shrink by as much as …
