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Today's Headlines | August 20, 2021 |
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A smaller company being acquired by a larger one is often compared to a minnow being swallowed by a bigger fish, and that's quite understandable. But that's not always true and, to borrow another analogy from the natural world, it can instead lead to a symbiotic relationship that benefits both the acquirer and the acquired.... read more | | |
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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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Despite reaching the halfway point in the official hurricane season, the National Oceanic and Atmosphere Administration (NOAA) has updated its 2021 hurricane season outlook – increasing its prediction from six to ten hurricanes to seven to ten hurricanes. Of the predicted hurricanes, three to five could... read more | | |
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Home insurers should take note: the COVID-19 pandemic has apparently helped to dampen home ownership plans for U.S. millennials, according to a new Legal & General Study looking at the market sector. read more | | |
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Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level. read more | | |
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Tokio Marine Insurance Singapore Ltd. (TMiS), a subsidiary of Tokio Marine Group, announced it was hit by a ransomware cyber attack. read more | | |
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FinTech Collective – a New York-based venture capital firm focused on innovation in insurance and other financial sectors -- has raised $250 million to fuel future projects. read more | | |
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Former Purdue Pharma President Richard Sackler said on Wednesday that his family's reign over the OxyContin maker did not contribute to the national opioid epidemic and downplayed his role in a marketing strategy that prosecutors said led to some unsafe opioid prescriptions. read more | | |
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Carrier Management wants to know when, and if you're planning a return to the office after more than 18 months and counting of the COVID-19 pandemic. read more | | |
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The Hartford named one of its rising executives to be head of the Western Division for its Middle and Large Commercial Insurance business. Swiss Re Corporate Solutions appointed a new Head, Crisis Management & Product Recall. read more | | |
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| The 2021 Future of Claims Study focuses on the acceleration in virtual claims ... read more | |
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| Business email compromise, or BEC – defined as a fraud tactic using email to ... read more | |
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| Cyber insurance has become a significant issue for insurers. From being a ... read more | |
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| GIACT's new report, Understanding Account Takeover 2021, discusses the impact ... read more | |
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| Want to add a direct-to-consumer distribution channel to your sales line-up? ... read more | |
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