IronPro, the professional liability unit of Ironshore Inc., has introduced a specialized technology professional liability policy designed for the complex exposures of the information technology and computer industries. TechDefender has been developed to provide coverages for a broad range of …
Aon Benfield, the global reinsurance intermediary and capital advisor of Aon Corp., has licensed ReMetrica – its flagship capital modeling tool – to Bahrain-based Q-Re, a Middle East reinsurer. “ReMetrica will enable the reinsurer to enhance its Enterprise Risk Management …
Leading insurance and other financial services companies have signed a research agreement with federal homeland security officials to improve cybersecurity in the financial sector. Through a public-private sector memorandum of understanding signed on Dec. 6, the National Institute of Standards …
A new poll from price comparison website comparethemarket.com. found that the city of Wigan, in Lancashire, northeast of Liverpool, is “Britain’s savviest town when it comes to buying insurance online,” with a “Savviest Town Index with a rating of 133.72, …
A former Jefferson County employee has won a lawsuit that accused a county commissioner of defaming him with an Internet posting. Media outlets report that the jury ordered County Commissioner Patsy Noland to pay George Privitera $3,700 in compensatory damages …
The people who launched TheyWroteOffMyCar.com are at it again with a new Web site service called MyCarIsWorthLess.com. That’s worth less, not worthless, according to the announcement. It’s supposed to help consumers calculate the reduced, or diminished, value of their vehicle …
The Hartford Steam Boiler Inspection and Insurance Company (HSB) has expanded its data breach coverage for business owners, which helps them respond to the loss or theft of the personal information they keep on customers and employees, to include legal …
Aon Benfield’s London office announced the launch of its new Solvency II-focused version 5 of ReMetrica, its dynamic financial analysis tool for capital modeling. ReMetrica has evolved to help re/insurers meet the proposed regulatory requirements under Solvency II and to …
SAP AG must pay Oracle Corp $1.3 billion for software theft in a jury verdict that could be the largest-ever for copyright infringement. The decision, by a U.S. district court jury in Oakland California, drew a gasp from the courtroom …
Most insurers are letting consumer technology like smartphones and social media networks get ahead of them, creating a challenge to attract a new generation of customers who are not interested in doing business with agents the way their parents did. …
