October 31, 2019
Tokio Marine Kiln (TMK) has launched its flagship cyber product, Cyber Ctrl, targeted at insurers in Asia. The product covers a range of first party losses including business interruption and provides clients with crisis management support in the wake of …
October 31, 2019
Velocity Risk Underwriters, LLC, has expanded its home insurance products to include coastal homeowners policies in New Jersey. According to Jose de Diego, director of Independent Agencies, New Jersey is the sixth state Velocity Risk offers homeowners insurance to coastal …
October 31, 2019
Miami Specialty Risk has launched a new cyber and technology E&O facility available in all 50 states. Backed by Lloyd’s of London, the Miami Specialty Risk facility is comprised of three products: SME Cyber and Tech E&O; FranchisoRap – Franchisee …
October 30, 2019
Texans with property in locations that were hit by the severe weather that swept through Dallas and North Texas on Sunday, Oct. 20 are now targets of a scam involving insurance deductibles, insurance regulators say. The Texas Department of Insurance …
October 30, 2019
San Diego-based Cavignac & Associates has named Diana Dix human resources risk advisor. Dix has nearly 20 years of experience in the human resources field. She was previously human resources business partner at ADP Payroll Services, where she was employed …
October 30, 2019
A catastrophe modeler released figures on Wednesday showing how costly ongoing California blazes could potentially be as blustery winds make for increasingly dangerous fire risk up and down the state. Damages from the fires burning across California stand at $25.4 …
October 30, 2019
An Idaho man has been nailed for insurance fraud using fictitious golf club receipts. David Gress appeared at the Canyon County District Court this week and was sentenced for insurance fraud. Gress pled guilty in August to one count of …
October 30, 2019
The board of directors of the Texas Windstorm Insurance Association (TWIA) have elected two individuals to fill the recently vacated executive positions of vice chair and secretary-treasurer. TWIA public representative member Chandra Womack has been elected vice chair and insurer …
October 30, 2019
Property Claims Services (PCS), a Verisk subsidiary, has extended the catastrophe loss aggregation methodology, previously developed for use in Japan, to cover more territories in the region. Starting Jan. 1, 2020, PCS will report insured losses from catastrophe events in …
October 30, 2019
Markel has launched a risk management tool for its cyber policyholders. The new WhiteHaX testing and reporting tool simulates cybersecurity breaches and assesses the readiness of deployed security infrastructure and software. It is designed to be especially useful for small-to-medium …