Threat actors have targeted insurance companies in a recent string of cyber-attacks, exposing patients’ personal information, including Social Security numbers, claims information, and health reports.
For example, Allianz Life Insurance Company of North America (“Allianz Life”) reported a mid-July breach to the Maine Attorney...
LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of B- (Fair) and the Long-Term Issuer Credit Rating of “bb-” (Fair) of Life Insurance Company Kommesk-Omir JSC (Kommesk) (Kazakhstan). The outlook of these Credit Ratings (ratings) is stable.
The ratings reflect Kommesk’s balance...
London-based Howden launched a U.S. retail brokerage operation Monday, headed by former Marsh executive Mike Parrish, and named longtime industry executive Jim Hays vice chairman of its parent company.
The announcement comes amid a legal battle with Marsh over Howden’s alleged scheme to poach...
Under a new state law, Louisiana insurers will be required to give mandatory disclosure of prior policy premium when issuing a renewal policy to a policyholder.
Louisiana Insurance Commissioner Tim Temple sent an advisory letter to...