A U.S. appeals court on Tuesday upheld a judgment worth $440 million that was won by intellectual property licensing firm VirnetX Inc. against Apple Inc. in a patent infringement case. The U.S. Court of Appeals for the Federal Circuit denied …
Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report. The market improvement was driven by the three biggest auto insurers. The U.S. personal …
U.S. authorities on Tuesday charged a suspected Ukrainian computer hacker and several traders with scheming to trade on market-moving corporate earnings news stolen from a U.S. Securities and Exchange Commission database. The charges against 10 defendants, including two charged criminally, …
AAIS (American Association of Insurance Services), a not-for-profit insurance advisory organization, has added additional features to its openIDL blockchain platform, including: improved data call transparency and communication capabilities specifically designed for insurance regulators; enriched core data sets; and innovative blockchain …
The National Association of Insurance Commissioners (NAIC) has named its 2019 committee chairs and vice chairs. The association of state insurance regulators also assigned members to its standing committees. “The 2019 NAIC committee leadership reflects deep expertise and a strong …
Nelson Kefauver has joined OneBeacon Insurance Group as president of its Management Liability business unit, reporting to Executive Vice President Paul Brehm. In his new role, Kefauver will lead a specialty underwriting team targeting not‐for‐profit organizations and private for‐profit companies …
A group of trustees from some of America’s biggest public pensions are calling on companies to detail costs related to sexual harassment and any measures they’re taking to address the problem. “We don’t see how it could possibly be accretive …
Cyber insurance is trending upward, the industry is growing, and the technology around it is evolving at a very quick pace. While predictions are always hard to make, here are five trends that are likely to catapult the cyber insurance …
Berkley One, a startup insurance provider targeting the high net worth personal lines market, has expanded into Florida and Ohio. Working with select independent agents, Berkley One offers home, automobile, fine art and collectibles, excess liability and travel insurance. With …
The federal government has unveiled a long-awaited set of proposals to dramatically expand civilian drone flights while also tightening security, critical steps for an industry seeking to expand into robot aerial deliveries and scores of other commercial uses in populated …
