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Most Emailed Specialty Risks News

Cover offered via Lloyd's syndicates for commercial marijuana industry

Published August 22, 2014 CST

A recently formed insurance agency is offering the commercial marijuana industry general liability and related insurance coverage on a surplus lines basis through several Lloyd's of London syndicates.

OFF BEAT: Puppet maker says CBS violated copyright on gassy stuffed hippo

Published August 27, 2014 CST

There are some phrases one simply never expects to encounter in a professional context — and until now, “the farting hippo” was certainly among them.

Aon Benfield secures reinsurance capacity for Aegis London cyber coverage

Published August 29, 2014 CST

Reinsurance intermediary Aon Benfield Group Ltd. on Friday said it has sourced the reinsurance capacity for a recently announced cyber liability facility developed by the Lloyd’s of London syndicate of mutual energy insurer Aegis London, a unit of Aegis Insurance Services Inc.

Banks to meet with Treasury Department on cyber threats: Sources

Published August 25, 2014 CST

(Reuters) — A group of Wall Street banks plan to meet the U.S. Treasury Department and other government officials next month to talk about how to cooperate to fend off cyber attacks.

JPMorgan probes possible cyber attack; other banks reportedly hit

Published August 28, 2014 CST

(Reuters) — JPMorgan Chase & Co. is investigating a possible cyber attack and working with law enforcement authorities to determine the scope, a company spokeswoman said on Thursday morning.

JLT shuffles execs, merges specialty units

Published August 29, 2014 CST

Jardine Lloyd Thompson Group P.L.C. said Friday that JLT Re CEO Alastair Speare-Cole will leave the company as Mark Drummond Brady is appointed deputy group CEO.

OFF BEAT: Traffic hackers get the green light

Published August 26, 2014 CST

Whether hackers are looking to shave time off their commutes or pull off a gold heist like Michael Caine's character in 1969's “The Italian Job” (or Mark Wahlberg's character in the 2003 remake), authorities can add “tampering with traffic lights” to the growing list of cyber risks.

Sony says PlayStation network back online; user data safe

Published August 25, 2014 CST

(Reuters) — Sony Corp.'s PlayStation Network was back online on Monday following a cyber attack that took it down over the weekend that coincided with a bomb scare.

Houston International Insurance names president of new global energy division

Published August 20, 2014 CST

Houston International Insurance Group has named Susan Swails as president and chief underwriting officer of its newly formed division, HIIG Global Energy, the insurer said Wednesday.