Coalition, a cyber insurance company for small and midsize businesses, has launched a free, publicly available cybersecurity and risk assessment tool that assesses the expected probability and severity of a security incident for a company. Using Coalition’s proprietary underwriting platform …
Seventeen insurers have restricted insurance services to coal projects in the past two years. A dozen insurers have adopted policies to stop all direct insurance coverage to new coal projects – among them are Allianz, AXA, Generali, QBE, Zurich, SCOR …
Enforcement activity by the U.S. Securities and Exchange Commission in fiscal 2019 resulted in $4.3 billion in fines and disgorgements, up from $3.9 billion a year earlier, the regulator said on Wednesday. Those fines and disgorgements – or the return …
As 2019 wraps up, many in the insurance industry are likely well into planning for the next year. But what about planning for the next decade? While it can be difficult to predict what’s ahead in 10 years, industry professionals …
Uber Technologies Inc.’s self-driving test car that struck and killed a pedestrian last year wasn’t programmed to recognize and react to jaywalkers, according to documents released by U.S. safety investigators. The U.S. National Transportation Safety Board on Tuesday released more …
Peter Clune will succeed Ron Lockton as chief executive officer at private global insurance broker Lockton, succeeding Ron Lockton who is taking on the role of chairman, effective May 1, 2020. Clune has been with Lockton for 13 years, most …
The board of Google parent company Alphabet Inc. is investigating executives’ handling of sexual harassment and other misconduct claims, and expects to complete its probe by early December, according to a recent court filing. CNBC first reported the investigation on …
On a cold morning last March, Kenny Angel got a frantic knock on his door. Two workers from a utility company in northern Nebraska had come with a stark warning: Get out of your house. Just a little over a …
Pioneer Programs Insurance Solutions, LLC, has partnered with U.S.-based security leader 1st Watch Global and London-based EC3 Brokers to launch a new targeted violence program that combines comprehensive insurance coverage with risk management assessment. Backed by Lloyd’s capacity, the program …
Gary Kitchen has been promoted to president, MGA Division, at Worldwide Facilities LLC, a national wholesale insurance broker, managing general agent and program underwriter. Kitchen’s insurance industry career spans nearly three decades. He entered the insurance industry in Sacramento with …
