Everest Insurance has expanded the financial lines division of Everest Specialty Underwriters (ESU ), naming five professionals to its new Private Company/Not-For-Profit unit. The Private/NFP team is targeting small, middle and large private/not-for-profit companies and organizations on a primary and …
AXA announced it had entered into an agreement with Mr. Elkhan Garibli to sell all AXA’s insurance operations in Azerbaijan. Under the terms of the agreement, Garibli would acquire 100% of the non-life entity (AXA MBask Insurance Company OJSC). The …
Small- and medium-sized enterprises are waking up to the realities of cyber risks but still underestimate their exposures, which could prove catastrophic for some, according to a report published by Allianz Global Corporate & Specialty (AGCS). For medium-sized companies with …
Hackers who tried to steal nearly $2 million from India’s City Union Bank this month used tactics similar to those employed in the unsolved cyber heist of $81 million from Bangladesh’s central bank in 2016, City’s CEO said on Monday. …
Officials in Savannah, Ga., are taking extra precautions to protect employees’ email accounts and government computer servers as Savannah City Hall recovers from a malware virus attack. Local officials said in a news release Feb. 17 that city staff workers …
Rapid advances in artificial intelligence are raising risks that malicious users will soon exploit the technology to mount automated hacking attacks, cause driverless car crashes or turn commercial drones into targeted weapons, a new report warns. The study, published on …
Picture this: You’re driving home from work, contemplating what to make for dinner, and as you idle at a red light near your neighborhood pizzeria, an ad offering $5 off a pepperoni pie pops up on your dashboard screen. Are …
Chris Panettiere has been appointed as Lockton’s new senior vice president of Employee Benefits. He will be based out of the company’s Atlanta office. Prior to joining Lockton, a privately held, independent insurance broker and consultant, Panettiere headed the Georgia …
Kentucky’s attorney general on Monday filed a lawsuit against drug distributor Cardinal Health Inc , accusing it of contributing to the opioid epidemic by failing to halt or report suspiciously large or frequent orders by pharmacies of prescription painkillers. Attorney …
The U.S. Supreme Court on Tuesday declined to hear Mercury Insurance Co.’s appeal to overturn a February 2017 California Court of Appeal ruling that held Insurance Commissioner Dave Jones’ 2013 order requiring the insurer to reduce its homeowner insurance rates …
