Posts by: Capstone Brokerage
Matt Honea, cyber manager at Cyence, a San Mateo, Calif.-based cyber risk modeler, thinks a great way to get companies to report cyber attacks is to make them do it.
Honea, who believes insurers can be a catalyst for collecting data on cyber attacks and attempted attacks, also believes it’s a good idea to make cyber insurance a required coverage for companies. Continue reading
NHTSA found that distracted driving and drowsy driving fatalities declined, while deaths related to other reckless behaviors – including speeding, alcohol impairment, and not wearing seat belts – continued to increase. The number of fatalities in distraction affected crashes decreased by 2.2 percent from 3,526 in 2015 to 3,450 in 2016. Fatalities in distraction affected crashes were 9.2 percent of total fatalities in 2016. Continue reading
The Trump administration on Friday moved to expand the rights of employers to deny women insurance coverage for contraception and issued sweeping guidance on religious freedom that critics said could also erode civil rights protections for lesbian, gay, bisexual and transgender people. Continue reading
The ink on the “total loss” insurance paperwork, like the 2007 Range Rover itself, was still wet when Morgan Moran began trying to buy his vehicle back after Hurricane Matthew last year.
The insurance adjuster had declared the vehicle ruined in a matter of seconds after noticing water in the spare-tire wheel well. After all, he had a busy schedule and contemporary cars are about as waterproof as a laptop computer. Continue reading
Amid intense debates about the Graham-Cassidy health care bill, the Senate and House missed the deadline to reauthorize the Children’s Health Insurance Program (CHIP) — meaning federal funding for the program will expire at the end of the month. Continue reading
More than half of U.S. businesses (53 percent) have experienced a cyber attack in the past year, according to a survey of business executives. Continue reading
The House of Representatives voted 264-155 today to pass bipartisan legislation that encourages the sale of private flood insurance in place of policies from the federal government in high risk areas where flood insurance is required. Continue reading
After the collapse of Senate Republicans’ latest attempt to repeal Obamacare, Senator Lamar Alexander says he’s going to try again at a smaller, bipartisan bill to stabilize insurance markets in 2018 and 2019. Continue reading
