CFC Acquires Cyber Incident Response Provider, Solis Security, in Austin

CFC, a UK-based specialist insurance provider and pioneer in emerging risk, has expanded its in-house cyber incident response capabilities with the acquisition of Solis Security, an incident response provider headquartered in Austin, Texas. CFC said its in-house cyber claims and incident response teams have handled nearly 1,500 cyber claims this year alone. With the addition of Solis Security, the company ...

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Doug Johnson Insurance Hub Acquires the Assets of Florida-Based

Hub International Limited has acquired the assets of Doug Johnson Insurance, LLC. Terms of the transaction were not disclosed. Headquartered in Gainesville, Fla., Doug Johnson Insurance is an independent insurance agency providing personal, commercial and employee benefits products to clients. Doug Johnson, CEO/president of Doug Johnson Insurance, is a Gainesville native and former quarterback for the University of Florida going ...

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Insurers, Tech Firms Scramble to Keep Up With Cyber Risks

Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when they happen. How can this be? The unique makeup of cyber risks continues to hold them back, according to experts who spoke on Sept. 24 during a panel discussion at InsureTech Connect in Las Vegas. The thing with cyber is ...

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What Causes Infidelity? 11 Men and Women on Why They Cheated

It’s a fact of life: Cheating happens. But why do people cheat? That’s murkier. Official numbers are hard to come by—makes sense, given the secretive subject matter—but most indicate that somewhere between about 10 percent and 70 percent (yes, over two-thirds) of women have cheated. Another more recent and perhaps more accurate study showed that about 15 percent to 18 ...

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Unclaimed Money from the Government

Find Unclaimed Money If a business, government office, or other source owes you money that you don’t collect, it’s considered unclaimed. The federal government doesn’t have a central website for finding unclaimed money. But you don’t need to hire a company to find unclaimed money for you. You can find it on your own for free, using official databases. 1. ...

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Ocean Marine Insurers Face New Risks, Challenges in Changing Segment

Ocean marine insurance is the oldest line of insurance and today represents a small specialty line in the property/casualty insurance industry. Since those early days, marine products have evolved as risks and exposures have increased in both size and complexity. The recent sailing of the MSC Gulsun, the world’s largest containership at 23,000+ TEU capacity, with cargo values well in ...

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Insurers Continue to Cover Beach Resorts Despite Spate of Caribbean Hurricanes

Frenchman’s Reef, the largest resort on St. Thomas, was smashed by Hurricane Irma, which breached roofs, caved in walls and felled trees across the oceanfront property. Two years later, the hotel remains closed as its owner quarrels with insurers over millions in damages. It sounds bad, but it’s business as usual in the Caribbean, where resort owners balance room rates ...

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Men and Women Respond Differently When Natural Disasters Strike, Researchers Say

Women are quicker to take cover or prepare to evacuate during an emergency, but often have trouble convincing the men in their life to do so, suggests a new University of Colorado Boulder study of how gender influences natural disaster response. The research also found that traditional gender roles tend to resurface in the aftermath of disasters, with women relegated ...

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