Capstone Insights
Given the fact that the insurance industry paid out more than $400 million in highly publicized cyber liability insurance claims in 2014 alone, one might think that insurers would be shying away from the line.
But one would be wrong, according to insurance professionals who specialize in cyber-related risks. Continue reading →
On Oct. 1, 2015, many of the insurance industry’s clients took on a lot more risk, and may not even know it. The Payment Card Industry, PCI, which is the self-regulating organization that oversees everyone that accepts or issues payment cards, set the date of Oct. 1, for point-of-sale machines to begin accepting “chip cards.”
Continue reading →
FRANKFORT, Ky. — The 9-year-old Kentucky girl calls the woman “nommy” and bears her middle and last name. They lived in the same household until the girl was 4, and “nommy” once carried the child on her insurance plan. Continue reading →
A $48 billion deal that would create the nation’s largest health insurer inched closer to completion after shareholders of both Anthem and Cigna voted in favor of a buyout. Continue reading →
WASHINGTON — Health spending in the United States last year topped $3 trillion — an average of $9,500 a person — as five years of exceptionally slow growth gave way to the Affordable Care Act’s expansion of Medicaid and private insurance coverage, and as prescription drug prices resumed their sharp climbs, the government said Wednesday. Continue reading →
Executives from 15 auto companies met with U.S. Transportation Secretary Anthony Foxx Tuesday to discuss specific industrywide actions that can improve safety and prevent cars from being hacked.
The meeting was convened after record numbers of cars have been recalled in the last several years, Namrata Kolachalam, the Transportation Department’s press secretary, said in an e-mailed statement. Continue reading →
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