News Center
News Archives - Insurance Journal
Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers
Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked data on the jeweler’s high-profile clients, according to a London lawsuit. Graff, that counts Middle East royalty among its client …
POSTED JULY 06, 2022 12:24 PM |
New York Offers Plan for Businesses With Unpaid Workers’ Comp Premiums
Governor Kathy Hochul has signed legislation to help employers with unpaid workers’ compensation premiums regain access to coverage through the New York State Insurance Fund, the state’s largest workers’ compensation insurer. New York law requires businesses to have workers’ compensation …
POSTED JULY 06, 2022 12:16 PM |
The Insuring Cyber Podcast: Is Ransomware at a Turning Point?
Although reports indicate ransomware activity has been quieter than usual to start the year, experts say that likely won’t last for long. “What we see is there’s an evolution of [ransomware] changing and not just in the way that the …
POSTED JULY 06, 2022 12:00 PM |
People Moves: MS Amlin Names Liberty Mutual’s Baxter as Head of Reinsurance; DUAL Hires HDI’s Biemann for Cyber; Gallagher Re Taps Swiss Re’s Kreutzer for Nordic Region
This edition of International People Moves details appointments at MS Amlin, DUAL Europe, and Gallagher Re. A summary of these new hires follows here. MS Amlin Names Liberty Mutual’s Baxter as Head of Reinsurance, Deputy CUO MS Amlin Underwriting Ltd. …
POSTED JULY 06, 2022 11:23 AM |
Europe’s Landmark Test of Banks’ Resilience to Climate Risk Is Softer Than Expected
Europe’s landmark test of banks’ resilience to global warming was far softer than many lenders had expected, according to people familiar with the matter. Even the toughest hypothetical scenarios in the European Central Bank’s climate stress test didn’t result in …
POSTED JULY 06, 2022 10:20 AM |
EU Lawmakers Pass Landmark Rules to Rein In Tech Giants, but Enforcement a Concern
EU lawmakers gave the thumbs up on Tuesday to landmark rules to rein in tech giants such as Alphabet unit Google, Amazon, Apple, Facebook and Microsoft, but enforcement could be hampered by regulators’ limited resources. In addition to the rules …
POSTED JULY 06, 2022 9:33 AM |
Tesla Software Glitch Affects 59,000 Vehicles Globally: German Road Traffic Agency
FRANKFURT – Germany’s road traffic agency said it was recalling Tesla models Y and 3 because of a fault in the automatic emergency call system that affects 59,000 vehicles globally. The KBA watchdog said on its website dated June 29 …
POSTED JULY 06, 2022 9:03 AM |
Del Vecchio’s Successor Shares Same Vision for Building Generali Into European Leader
Leonardo Del Vecchio’s right-hand man was named on Monday to succeed the Italian billionaire — who died last week — as chairman of the family’s Delfin holding company. Francesco Milleri, the 63-year-old appointed on June 28 to follow Del Vecchio …
POSTED JULY 06, 2022 8:38 AM |
UK Travel Insurance Policies May Not Cover Flight Disruptions Due to Strikes: Report
Insurance may not save you from summer travel misery. Four in 10 policies don’t protect against strikes, the UK consumer watchdog Which? reported in its annual review. If your airline goes bankrupt, only half will refund your holiday costs. The …
POSTED JULY 06, 2022 8:16 AM |
Heavy Rains Ease Over Sydney but Floods Continue to Force Evacuations
A wild storm system that has pounded parts of Sydney with torrential rain for four days has moved away from the city, satellite images showed on Wednesday, although rivers remained above danger levels, forcing more evacuations. In Australia’s third major …
POSTED JULY 06, 2022 7:53 AM |
NOTICE: The links and articles found on or within this news center are simply for informational purposes that we believe may be of benefit to our clients and/or website visitors. By providing these links on our website, we are not recommending or endorsing the use of the particular products or services these third parties offer. Nor does Fast Forward Insurance Services (Lic. #0M92193) confirm, corroborate or agree to the statistics or opinions on these links and articles. We urge you to review each website’s Privacy Policy, Disclaimers, and develop an independent opinion of the service or product for any link pursued.
|