| Today's Headlines | May 4, 2021 |
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Insurance use cases for multi-factor authentication (MFA) include distributor access, external user access (e.g., claims vendors, financial advisers), internal user access and policyholder access. Legislation and regulators are increasingly mandating MFA to ensure greater security as well as to reduce identity theft and other forms of fraud. Examples include the New York State cybersecurity regulation... read more | | |
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Liability insurers frequently use exclusions to help address emerging risks that are viewed as unpredictable, intractable and potentially very large. It comes as no surprise, then, that the emergence of SARS-CoV-2, the virus causing COVID-19, has led many insurers to add exclusions meant to remove viruses from the scope of their insuring agreements. Simultaneously, scientific... read more | | |
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When people think about insurance innovation and InsurTech, they often think of the highly-visible activity in individual life and personal lines. The reality is that similar exciting digital innovation opportunities are quietly happening in commercial and specialty lines. Disruption and change are reshaping industries ... read more | | |
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Warren Buffett ended long-running speculation about his successor at Berkshire Hathaway Inc by saying Greg Abel, who oversees the conglomerate's non-insurance businesses, would be named chief executive if he were to step down. read more | | |
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CNA Financial Corp. saw its first quarter net income improve dramatically over the previous year, thanks in part to better investment numbers. read more | | |
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A federal appellate court upheld the dismissal of a whistleblower lawsuit filed by an insurance executive who was fired after allegedly submitting false expense reports and encouraging employees under him to do the same. read more | | |
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Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with regulations, the central bank said. read more | | |
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The veteran CFO at State Auto Financial Corp. is retiring after 21 years with the company. read more | | |
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The InsurTech Buckle hired a former Farmers Insurance executive in a leadership role. Hippo appointed a number of new executives to its technology team. AXIS Insurance is bringing on a new executive for its U.S. Excess Casualty business. read more | | |
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| | Identity thieves are increasingly targeting non-financial accounts, including ... read more | |
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| | Name and address are all you would need when an applicant comes to you for ... read more | |
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| | Many of us made big changes to the way we work this year. Whether your team is ... read more | |
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| | Consumers don't take into account the fees that insurance companies have to pay ... read more | |
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| | Against the backdrop of digital transformation and the pandemic, insurers can ... read more | |
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