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Cyber insurance premiums rocket after high-profile attacks

By: Thomson Reuters

Published October 12, 2015 - 9:46am CST

(Reuters) — A rash of hacking attacks on U.S. companies over the past two years has prompted insurers to massively increase cyber premiums for some companies, leaving firms that are perceived to be a high risk scrambling for cover.

JLT names new CEO of U.K. employee benefits business

By: Sarah Veysey

Published October 12, 2015 - 9:18am CST

Jardine Lloyd Thompson Group P.L.C. has promoted Bala Viswanathan to CEO of its U.K. employee benefits business, the London-based brokerage announced Monday.

New Lloyd's syndicate targets emerging markets

By: Sarah Veysey

Published October 12, 2015 - 9:10am CST

On the day the U.S. celebrates Christopher Columbus' discovery of the new world in 1492, Probitas Syndicate 1492 started underwriting business that it said is new to Lloyd's of London.

To effectively combat cyber risks, always assume the worst

Published October 11, 2015 - 12:01am CST

When it comes to cyber threats, the best attitude is a pessimistic one. Risk managers and legal and security industry leaders learned some hard truths about data breaches and other cyber threats at Business Insurance's 2015 Cyber Security Summit in San Francisco.

2015 40 Under 40 Broker Awards: Jim Farrell

By: Donna Mahoney

Published October 11, 2015 - 12:01am CST

Vice president

2015 40 Under 40 Broker Awards: Josh Fagin

By: Judy Greenwald

Published October 11, 2015 - 12:01am CST

Senior vice president

2015 40 Under 40 Broker Awards: Kristi Whistle

By: Matthew Lerner

Published October 11, 2015 - 12:01am CST

Senior vice president and client adviser

2015 40 Under 40 Broker Awards: Nathan Walters

By: Stephanie Goldberg

Published October 11, 2015 - 12:01am CST

Senior vice president and resident sales director

2015 40 Under 40 Broker Awards: Spencer Timmel

By: Mark A Hofmann

Published October 11, 2015 - 12:01am CST

Privacy liability and cyber security specialist

2015 40 Under 40 Broker Awards: Polly Thomas

By: Jerry Geisel

Published October 11, 2015 - 12:01am CST

Benefits consultant and national director of clinical consulting services

2015 40 Under 40 Broker Awards: Danny Simmerman

By: Louise Esola

Published October 11, 2015 - 12:01am CST

Chief operating officer

2015 40 Under 40 Broker Awards: Jason Sandler

By: Shelby Livingston

Published October 11, 2015 - 12:01am CST

Principal

2015 40 Under 40 Broker Awards: Charley Hollimon

By: Gloria Gonzalez

Published October 11, 2015 - 12:01am CST

Managing director

2015 40 Under 40 Broker Awards: Charlie King

By: Stephanie Goldberg

Published October 11, 2015 - 12:01am CST

First vice president

2015 40 Under 40 Broker Awards: Tanner Burns

By: Gloria Gonzalez

Published October 11, 2015 - 12:01am CST

Area president

2015 40 Under 40 Broker Awards: Billy Bray

By: Donna Mahoney

Published October 11, 2015 - 12:01am CST

Vice president of property/casualty

2015 40 Under 40 Broker Awards: Gregory C. Sibilio

By: Stephanie Goldberg

Published October 11, 2015 - 12:01am CST

Vice president

2015 40 Under 40 Broker Awards: Andrew Stergiou

By: Shelby Livingston

Published October 11, 2015 - 12:01am CST

Vice president

2015 40 Under 40 Broker Awards: AnnaCarin Jansson

By: Sheena Harrison

Published October 11, 2015 - 12:01am CST

Senior vice president

2015 40 Under 40 Broker Awards: Jonathan Gilbert

By: Matthew Lerner

Published October 11, 2015 - 12:01am CST

Senior managing director, private equity and mergers and acquisitions group

2015 40 Under 40 Broker Awards: Brian Courtney

By: Louise Esola

Published October 11, 2015 - 12:01am CST

Assistant vice president and health care practice leader

2015 40 Under 40 Broker Awards: Joseph Charczenko

By: Sheena Harrison

Published October 11, 2015 - 12:01am CST

Partner

Trans-Pacific Partnership opens underserved insurance markets

By: Leigh Ann Pusey

Published October 11, 2015 - 12:01am CST

Years in the making, the 12-nation Trans-Pacific Partnership free-trade pact reached Monday promises to provide wide opportunities to U.S. insurers in formerly closed markets. Leigh Ann Pusey, president and CEO of the American Insurance Association, discusses the possibilities.

U.S. judge approves settlement for Lac-Megantic oil train disaster victims

By: Thomson Reuters

Published October 09, 2015 - 4:05pm CST

(Reuters) — A U.S. bankruptcy judge on Friday approved a settlement that clears the way for payments to victims of Canada's Lac-Megantic crude-by-rail derailment, according to the trustee for the insolvent railway at the heart of the disaster.

Reinsurance group acquires life and health units

By: Matt Dunning

Published October 09, 2015 - 3:01pm CST

Nassau Reinsurance Group L.P. has announced that it will acquire White Plains, New York-based Universal American Corp.’s life and health insurance units for approximately $43 million.

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