The conviction of Uber Technologies Inc.’s former security chief on Oct. 5 has raised the specter that a high-profile criminal charge and newly expanded federal rules may force companies to be more transparent when it comes to reporting cybersecurity breaches. …
MS Amlin Underwriting Ltd. (MS AUL), the Lloyd’s re/insurer, announced the appointment of Andrew Carrier as chief executive officer. Carrier, currently MS AUL’s chief underwriting officer (CUO), will take up the role on Jan. 1, 2023, subject to regulatory approval. …
As Hurricane Ian bore down on Florida, normally reliable computer forecast models couldn’t agree on where the killer storm would land. But government meteorologists are now figuring out what went wrong – and right. Much of the forecasting variation seems …
European Union sanctions on Russian oil might still be eight weeks away, but they’re hitting trade in the nation’s crude already. The bloc’s measures, including a ban on insuring tanker shipments, enter into force on Dec. 5. A Russian cargo …
Despite inflation and rising costs, most Americans would rather pay more for insurance coverage than use data-monitoring devices, according to an annual survey from Policygenius. The survey found that 68% of U.S. consumers said they would not install an app …
Reforming European Union insurance rules to release billions of pounds of capital is a key part of the UK government’s program to boost the economy. The market turmoil unleashed by the mini-budget may make such ambitions harder to deliver. The …
Insurance brokerage World Insurance Associates reported that it recently closed on purchasing three insurance agencies in the Northeast. World Insurance acquired Michael F. Iacangelo & Company Inc. of Belleville, New Jersey on September 1, 2022. Iacangelo, founded in 1957, sells …
Housing prices fell again last month in Miami-Dade County and dipped for the first time in months in neighboring Broward County, an uplifting sign for aspiring home buyers. Miami-Dade’s median sale price dwindled to $551,250 for a single-family home in …
Uber Technologies Inc.’s former security chief was convicted of concealing a massive data breach in a case that prosecutors tied to the company’s troubled past under its original leadership. Joe Sullivan was found guilty in San Francisco federal court Wednesday …
The Vancouver City Council in Washington has approved a $725,000 settlement in the police shooting of a man who was experiencing a mental health crisis in April 2020. Three Vancouver police officers fatally shot William Abbe, 50. The Thurston County …