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30 03, 2022

Report from California Watchdog Group Calls for Privacy Protections from Connected Cars

By | March 30th, 2022|Uncategorized|Comments Off on Report from California Watchdog Group Calls for Privacy Protections from Connected Cars

A new report from a consumer group calls out what it says are privacy problems posed for consumers from connected cars and it points to new rules to be developed in California as a potential model across the country. Secret …

30 03, 2022

Insurers: NAIC’s Move to Amend Climate Disclosure Survey Too Quick

By | March 30th, 2022|Uncategorized|Comments Off on Insurers: NAIC’s Move to Amend Climate Disclosure Survey Too Quick

The National Association of Insurance Commissioners is moving to amend its climate disclosure survey – and insurers may not like it. The Climate Risk Disclosure Survey is a voluntary risk management tool for state insurance regulators to request from insurers …

30 03, 2022

Illinois Court: Insurer Must Defend IT Company in BIPA Suits

By | March 30th, 2022|Uncategorized|Comments Off on Illinois Court: Insurer Must Defend IT Company in BIPA Suits

An insurer must defend an information technology company facing a pair of Biometric Information Privacy Act (BIPA) lawsuits, the U.S. District Court for the Northern District of Illinois said in a March 30 ruling. In Citizens Insurance Company of America …

25 03, 2022

Arthur J. Gallagher & Co. Acquires Canada’s PCI Compensation Consulting

By | March 25th, 2022|Uncategorized|Comments Off on Arthur J. Gallagher & Co. Acquires Canada’s PCI Compensation Consulting

Arthur J. Gallagher & Co. announced the acquisition of Montreal, Quebec-based PCI-Perrault Consulting Inc. (doing business as PCI Compensation Consulting). Terms of the transaction were not disclosed. Founded in 2001, PCI is a compensation consulting firm specializing in total compensation …

25 03, 2022

Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit

By | March 25th, 2022|Uncategorized|Comments Off on Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit

For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate hikes, with Allstate executives also assuring listeners the carrier has various other tools to return to profitability. “Looking back to …

25 03, 2022

Challengers to Generali’s Current Management Target Higher Growth, Bigger M&A

By | March 25th, 2022|Uncategorized|Comments Off on Challengers to Generali’s Current Management Target Higher Growth, Bigger M&A

The challengers to Generali’s current management and business strategy pledged to grow earnings by double-digits while targeting “fewer but larger” M&A deals for Italy’s largest insurer. Claudio Costamagna, proposed as the candidate for chairman by a leading investor in the …

25 03, 2022

British Police Arrest 7 Suspected Members of Lapsus$ Hacking Group

By | March 25th, 2022|Uncategorized|Comments Off on British Police Arrest 7 Suspected Members of Lapsus$ Hacking Group

Police in Britain have arrested seven people following a series of hacks by the Lapsus$ hacking group which targeted major firms including Okta Inc. and Microsoft Corp., City of London Police said on Thursday. San Francisco-based Okta Inc, whose authentication …

25 03, 2022

Indiana Man Who Lost Eye During 2020 Protests Reaches Settlement

By | March 25th, 2022|Uncategorized|Comments Off on Indiana Man Who Lost Eye During 2020 Protests Reaches Settlement

An Indiana man who says he lost an eye after being struck by a tear gas canister police fired during 2020 protests over the killing of George Floyd has reached a settlement with the city of Fort Wayne. Balin Brake …

25 03, 2022

Greenlight Re Innovations Invests in Australia’s Audit Insurance Startup AuditCover

By | March 25th, 2022|Uncategorized|Comments Off on Greenlight Re Innovations Invests in Australia’s Audit Insurance Startup AuditCover

Greenlight Re Innovations (GRI), part of Greenlight Capital Re Ltd., announced an investment in AuditCover Australia Pty Ltd., a tax audit insurtech. The amount of the investment was not disclosed. AuditCover is an insurance distribution platform that combines the fundamentals …

25 03, 2022

London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office

By | March 25th, 2022|Uncategorized|Comments Off on London Insurance Brokers Probed for Bribery and Corruption by UK Serious Fraud Office

A handful of London insurance firms are being investigated for bribery and corruption by the UK’s Serious Fraud Office, according to people familiar with the probe. The fraud cops are examining the way firms, including Marsh & McLennan Cos.’ Jardine …