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Cyber Insurance Rates Fail to Match Catastrophe Risk-Chubb CEO

Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb Ltd. Chief Executive Evan Greenberg said on Wednesday. “The pricing environment is pretty good,” Greenberg said on a conference … Source: Claims Journal

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Detroit-Area Water Leader Quitting Weeks After Floods

DETROIT (AP) — The head of a regional water agency in southeastern Michigan said Tuesday that she would resign, weeks after thousands of homes were spoiled by sewage backups during a tremendous storm. Sue McCormick didn’t cite the June 25-26 … Source: Claims Journal

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