What may be the first U.S. securities lawsuits alleging misdeeds related to coronavirus were filed this month — one against a cruise line and another against a pharmaceutical company that claimed to have developed a vaccine for COVID-19. There are …
As U.S. employers ask employees to work from home to avoid exposure to coronavirus, they may be exposing themselves to another kind of risk: Cyberattacks. Aon on Friday issued an advisory cautioning employers to take steps to ensure that work-from-home …
Aon Plc bought closely held Canadian firm Cytelligence Inc. to help boost its ability to respond to and investigate attacks on computer systems. Aon picked up employees with cybersecurity consulting and digital forensic expertise, the London-based insurance brokerage and advisory …
Carpe Data Launches Data Set for Carriers Carpe Data announced the launch of a new commercial data set that it says will help property and casualty insurers better classify and understand risks. “With this launch, we’re delivering brand new data …
Greenlight Bets on Cove to Simplify Insurance Purchases Greenlight Re Innovations, a division of Greenlight Re, a specialist property and casualty reinsurer headquartered in the Cayman Islands, announced that it has invested in Cove Ltd, managing general agent based in …
New York’s insurance regulator issued a subpoena to the Trump Organization’s primary insurance broker, a person familiar with the matter said. It came just days after President Donald Trump’s former personal attorney testified to Congress that the president’s company sometimes …
Aon Plc said it’s no longer pursuing a combination with rival insurance brokerage Willis Towers Watson Plc, a day after confirming that it was considering a tie-up. The company said on Tuesday that it was in the early stages of …
Aon Plc is considering an offer to buy rival insurance brokerage Willis Towers Watson Plc, according to people familiar with the matter, in what could be the industry’s largest ever merger. Bloomberg reported that Aon is preparing to submit a …
Kemper Announces Resignation of Director Thomas Goldstein Kemper Corporation announced that Thomas M. Goldstein has resigned from the company’s Board of Directors, effective immediately, to focus on his health and family. Goldstein joined the Kemper Board of Directors in August …
A new study released by Aon, a global professional services firm providing a broad range of risk products, indicates that cyber remained a profitable line of business, as industry loss ratios decreased in 2017 – from 47.6 percent to 32.4 …