Tag: insurance-journal

S. Korea Blames Coupang Data Breach on Management Failure, Not Sophisticated Attack
Insurance Journal | February 10, 2026
S. Korea Blames Coupang Data Breach on Management Failure, Not Sophisticated Attack
South Korean officials blamed a massive data leak last year at Coupang on management failure, rather than a sophisticated cyberattack, and urged the e-commerce giant to fix vulnerabilities in its security systems. Announcing the first findings of a government-led probe, …
Markets/Coverages: MGA Helix Launches London Property Offering With PartnerRe
Insurance Journal | February 10, 2026
Markets/Coverages: MGA Helix Launches London Property Offering With PartnerRe
Helix Underwriting Partners Bermuda, the multi-line independent managing general agent, announced the launch of its London property offering, Helix International, which has been trading since the start of the year, in partnership with PartnerRe Insurance Programs. The program provides capacity …
China’s Nio Recalls Record 246,229 Cars Over Software Problem
Insurance Journal | February 10, 2026
China’s Nio Recalls Record 246,229 Cars Over Software Problem
China’s Nio is recalling 246,229 vehicles due to a software issue that poses safety hazards, marking the largest recall by a homegrown electric vehicle maker. The recalled EVs include models ES8, ES6 and EC6 and were manufactured between March 16, …
Methven to Succeed Millaire as CyberCube CEO
Insurance Journal | February 10, 2026
Methven to Succeed Millaire as CyberCube CEO
CyberCube has named Chris Methven its new CEO, replacing Pascal Millaire, who has been the leader of the cyber risk modeling and analytics company since it has operated as a standalone company. Methven has been Cyber Cube’s chief growth officer …
People Moves: Verisk Names Kauderer President of Claims Solutions; Lang Joins CRC to Head Carrier Management
Insurance Journal | February 10, 2026
People Moves: Verisk Names Kauderer President of Claims Solutions; Lang Joins CRC to Head Carrier Management
Verisk, headquartered in Jersey City, New Jersey, named Steven Kauderer president of its claims solutions business. He reports to Lee Shavel, president and CEO of Verisk. Most recently, Kauderer was a senior partner at EY-Parthenon, where he built and led …
Schwebach: Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again
Insurance Journal | February 10, 2026
Schwebach: Impact of Florida Reforms ‘Undeniable,’ Reinsurance Should Drop Again
Adam Schwebach, broker and head of property for North America at Gallagher Re, the global reinsurance broker, last week sat down for an interview with Insurance Journal. The discussion came on the heels of Gallagher Re’s annual Florida broker summit, …
Workers’ Compensation Insurer Beacon Mutual Dealing With Ransomware Attack
Insurance Journal | February 10, 2026
Workers’ Compensation Insurer Beacon Mutual Dealing With Ransomware Attack
Rhode Island-based Beacon Mutual Insurance Co. has experienced a data breach caused by a ransomware attack and is in the process of determining what information and persons may have been affected. The workers’ compensation insurer said it received an alert …
People Moves: Diessner Promoted to President of Kraus-Anderson Insurance; Alliant Adds Quitmeyer to Chicago Employee Benefits Group
Insurance Journal | February 9, 2026
People Moves: Diessner Promoted to President of Kraus-Anderson Insurance; Alliant Adds Quitmeyer to Chicago Employee Benefits Group
Diessner Promoted to President of Kraus-Anderson Insurance Jonathan Diessner has been promoted to president of Kraus-Anderson Insurance, one of Minnesota’s largest privately held independent insurance agencies and a member of the Kraus-Anderson family of companies, providing construction, real estate, risk …
Kansas Jury Awards $8M to Family of Teen Who Died at Juvenile Intake Center
Insurance Journal | February 9, 2026
Kansas Jury Awards $8M to Family of Teen Who Died at Juvenile Intake Center
Jurors have awarded $8.3 million to the family of a Kansas foster teen who died in 2021 after he was held facedown for 39 minutes in a juvenile intake center while in the throes of a mental health crisis. Five …
Giant Snails and Tiny Insects Threaten Rice and Crawfish Farms
Insurance Journal | February 9, 2026
Giant Snails and Tiny Insects Threaten Rice and Crawfish Farms
Josh Courville has harvested crawfish his whole life, but these days, he’s finding a less welcome catch in some of the fields he manages in southern Louisiana. Snails. Big ones. For every crawfish Courville dumps out of a trap, three …