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Series of Major Data Breaches Targeting the Insurance Industry

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...

Digging Into Tesla’s Liability in Crash Case: Where’s the Data?

Two experts on autonomous vehicle safety recently dove into legal arguments and engineering factors that shaped last week’s landmark...

AM Best Affirms Credit Ratings of Life Insurance Company Kommesk-Omir JSC – Insurance News

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...

Howden launches US unit led by former Marsh exec

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...

New Law Orders Louisiana Insurers to Show Prior Policy Premiums

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...