Blue Cross Blue Shield of Michigan

Chubb | March 27, 2020

The hackers responsible for the Maze ransomware have claimed that they have hit major insurance company Chubb. The cyberattackers posted news of the attack on their website, claiming that they managed to encrypt devices on Chubb’s network this month. Bleeping Computer reported that as part of their modus operandi, the Maze hackers steal files from their victims before locking the devices with ransomware-based encryption. The stolen files are then used as leverage by the Maze hackers, who t...

CAC Specialty | March 20, 2020

CAC Specialty has entered into a strategic partnership with funds managed by affiliates of Fortress Investment Group. The strategic relationship allows CAC Specialty to help with the capital needs of its clients with their acquisitions, recapitalizations, growth capital and other financing transactions. Fortress is ready to offer short-term financing for CAC clients experiencing liquidity pressure due to both the direct and indirect impact of the COVID-19 pandemic. “During this challenging...

CORE INSURANCE

CCC Information Services | May 05, 2021

CCC Information Services Inc. (CCC), a leading SaaS supplier to the P&C insurance industry, announces the introduction of an enterprise payments network to power electronic payments through the insurance and automobile ecosystems. The company intends to extend its CCC® Payments capabilities to allow digital payments between insurers and their business partners, thus lowering administrative costs and cycle time while improving customer satisfaction. CCC's network of ove...

RISK MANAGEMENT, COMPLIANCE

Embroker | January 23, 2023

Embroker, the digital platform that makes business insurance radically simple, recently launched ONE by Embroker, a universal application that uses AI and machine learning to create industry-specific business insurance products. The streamlined procedure allows brokers and startup founders to acquire immediate quotations for a complete package of products by focusing on critical business information and eliminating the need for needless and redundant questions. Busine...