Hewlett-Packard Co. confirmed today that it has agreed to a settlement with PGGM Vermogensbeheer B.V., the lead plaintiff in the securities class action arising from the impairment charge taken by HP following its acquisition of Autonomy. In a statement, HP …
The article Hewlett-Packard’s Insurers to Pay $100M into Autonomy Settlement Fun appeared first on Insurance Journal.
President Barack Obama vowed on Monday that the United States would aggressively bolster its cyber defenses, as U.S. officials said the probe into a massive breach of federal government networks has yielded growing signs of a direct Chinese role. Obama …
The article Obama Seeks ‘Nimble, Aggressive, Well-Resourced’ Cyber Defense appeared first on Insurance Journal.
NU Holdings Inc., based in Dayton, Ohio, has acquired Indianapolis-based Thorn Valley Enterprises, which provides loss control services to insurers and general agencies. Thorn Valley has been in operation since 2000. According to the companies’ announcement, investments in technology, expanded marketing …
The article NU Holdings Acquires Indianapolis Loss Control Services Firm appeared first on Insurance Journal.
Israeli start-up Illusive Networks says it can foil cyber hackers by lulling them into thinking they have found a way to steal data, which is actually fake. The company, set up last year, says algorithms in its software are able …
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The U.S. Justice Department is conducting a criminal investigation into the use of a highway guardrail system linked to at least eight deaths, according to people familiar with the matter, signaling a new wave of potential woes for manufacturer Trinity …
The article Public Corruption Probe Targets Trinity Guardrails, Federal Highway Agency: Sources appeared first on Insurance Journal.
Storms moving through multiple states at the end of May including Texas, Oklahoma, Kansas and Arkansas, have resulted in more than 9,000 claims already filed across multiple states for Farmers Insurance. Farmers expects to see nearly 15,000 claims across nine …
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New York is launching a statewide multimedia campaign to remind motorists of the deadly impacts of impaired driving. The campaign funded by the Governor’s Traffic Safety Committee will use billboards, radio, television and social media. New York Gov. Andrew Cuomo …
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Georgia’s new chief privacy officer appointed earlier this month said she will focus on training school districts about the importance of both collecting and protecting data on Georgia students. The position was created by a new student privacy law passed …
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HSBC pledged a new era of higher dividends on Tuesday, laying out plans to slash nearly one in five jobs and shrink its investment bank by a third to combat sluggish growth across its sprawling empire. Chief Executive Stuart Gulliver …
The article HSBC to Cut Up to 50,000 Jobs; Targets Growth of Asia Insurance Business appeared first on Insurance Journal.
Aspen Re has appointed Douglas De Couto as head of portfolio analytics. De Couto will be joining Aspen Re from RenaissanceRe where until recently he was assistant vice president, corporate risk, a role in which he led a team responsible …
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