The U.S government issued a rare public warning that sophisticated hackers are targeting energy and industrial firms, the latest sign that cyber attacks present an increasing threat to the power industry and other public infrastructure. The Department of Homeland Security …
While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable growth going forward. In the 2017 edition of the annual report, Plotting a …
Police in Virginia are investigating after an explosive device was detonated in Williamsburg. News outlets report the device was found Thursday night in a parking lot. Firefighters and police were called to the scene near Merchants Square at about 5 …
A large fire has ravaged a neighborhood in Maine, with officials saying it destroyed six buildings and sent at least four people to the hospital. Witnesses told the state Fire Marshal’s Office they smelled smoke long before they saw flames …
AXIS Capital Holdings Ltd. announced that Steve Arora has been named chief executive officer of AXIS Re. Arora joins the company from Swiss Re where he spent 18 years in a variety of senior positions, most recently as head of …
The retired coal company executive from West Virginia chosen by Republican President Trump to oversee U.S. mining safety says his first priority is preventing people from getting hurt and that he replaced the managers of a mine plagued by safety …
Catastrophe modeling firm AIR Worldwide has introduced a new inland flood model for Japan along with enhancements to its Japan typhoon model. These models are part of Version 5.1 of AIR’s catastrophe modeling software platform, Touchstone. The AIR Inland Flood …
The British government must act urgently to secure a Brexit transition deal or risk losing jobs and investment in the country, business leaders representing millions of workers are due to warn. In a draft letter due to be sent to …
Optisure Risk Partners, a Manchester, N.H.-based insurance broker, has promoted Christopher Arnold to vice president of its Sutton James Aviation division. In this role, Arnold will continue to work with Sutton James President Jon Doolittle in overseeing carrier relations, business …
Marsh announced the appointment of Dr. Jamie Saunders as a strategic adviser on cyber risk management within its UK specialist cyber security and risk team, part of the firm’s Client Advisory Services division. Saunders will be based in London. One …
