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15
06, 2015
Great American Receives Approval for Singapore Office
Great American Insurance Group announced that the Monetary Authority of Singapore (MAS) has granted a formal license approval for its flagship insurance company, Great American Insurance Company, to establish a branch operation in Singapore. The bulletin noted that the authorization by …
The article Great American Receives Approval for Singapore Office appeared first on Insurance Journal.
12
06, 2015
Family of Man Killed at Kentucky ‘Racing Experience’ Speedway Files Lawsuit
The family of a 30-year-old amateur driver killed in a crash at Kentucky Speedway last year filed a lawsuit, alleging that the racecar’s steering wheel broke off in his hands as he roared around the track at more than 100 …
The article Family of Man Killed at Kentucky ‘Racing Experience’ Speedway Files Lawsuit appeared first on Insurance Journal.
12
06, 2015
Ex-Iowa Deputy Gets 13 Years in Arson for Insurance Case
A former sheriff’s deputy in Jones County, Iowa, has been given 13 years in prison for fraud linked to a fire he set at his vacant home. Prosecutors say 50-year-old James Plower, of Olin, was sentenced in U.S. District Court …
The article Ex-Iowa Deputy Gets 13 Years in Arson for Insurance Case appeared first on Insurance Journal.
11
06, 2015
Senate Fails to Advance Cybersecurity Bill
The U.S. Senate failed on Thursday to advance legislation to strengthen protections against cyber attacks, as Democrats banded together to oppose the measure’s inclusion in a defense policy bill President Barack Obama has threatened to veto. By a 56-40 vote, …
The article Senate Fails to Advance Cybersecurity Bill appeared first on Insurance Journal.
12
06, 2015
Directors & Officers Could Be Liable for Cyber Attacks: Marsh
Directors and officers need to be certain of their responsibilities relating to the prevention or management of a cyber event, or else they run the risk of being held personally liable should an attack against their firm occur, according to …
The article Directors & Officers Could Be Liable for Cyber Attacks: Marsh appeared first on Insurance Journal.
15
06, 2015
Many UK Businesses Do Not Take Risk Culture Seriously: QBE Europe Survey
The vast majority of UK businesses (70 percent) are failing to address the importance of embedding a positive risk culture*, according to survey conducted by UK business insurance specialist QBE European Operations, which is part of Australia’s QBE Insurance Group. QBE …
The article Many UK Businesses Do Not Take Risk Culture Seriously: QBE Europe Survey appeared first on Insurance Journal.
11
06, 2015
Plan to Limit Vacation Rentals Held off in San Francisco for Now
San Francisco supervisors tabled further attempts to regulate home-shares this week, despite calls from some members to vote on a plan to limit short-term vacation rentals to 60 days a year. The vote by the Board of Supervisors to move …
The article Plan to Limit Vacation Rentals Held off in San Francisco for Now appeared first on Insurance Journal.
12
06, 2015
EPIC Adds Millholland to Southeast Region of Employer Services Platform
EPIC Insurance Brokers and Consultants, a retail property, casualty and employee benefits insurance brokerage and consultant, has added employee benefits consulting professional Davin Millholland to its growing Employer Services Platform (ESP). Millholland joins EPIC in its Southeast Region (based in Duluth, …
The article EPIC Adds Millholland to Southeast Region of Employer Services Platform appeared first on Insurance Journal.
12
06, 2015
Where Cyber Insurance Underwriting Stands Today
“You would think the first question to ask would be: Do insured parties understand the elements and limitations of coverage?” said Kevin Kalinich, speaking on cyber risk. “The real first question is: Do the insurance companies understand?” Kalinich, global practice leader …
The article Where Cyber Insurance Underwriting Stands Today appeared first on Insurance Journal.
12
06, 2015
Top 3 Reasons Firms Are Buying Cyber Insurance
Risk managers purchasing cyber insurance cite reputational harm, business interruption and data breach response and notification costs as the chief exposures they are trying to address. The Risk Management Society (RIMS) recently conducted its first cyber survey. The survey featured …
The article Top 3 Reasons Firms Are Buying Cyber Insurance appeared first on Insurance Journal.