Insurance

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 …

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. …

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 …

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 …

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 …

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 …

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 …

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 …

While young underwriters may think that cyber insurance is a recent coverage innovation, the line is actually more than two decades old. Here, Kurtis Suhs, a veteran of the cyber insurance industry who served as an investigator and criminal coordinator …

A lawsuit recently filed by a Baltimore nonprofit alleges the city department that handles police records is improperly shielding police misconduct documents. The suit brought by the transparency advocacy group Open Justice Baltimore and two journalists alleges the Baltimore Law …