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Weekly Brief – SEC Breach Enables Insider Trading + more stories

By: Kevin Jessop Date: September 21, 2017

Diversified Insurance
Latest news in the Risk Management world

SEC Discloses Breach That May Have Enabled Insider Trading

fortune | September 21, 2017

 

The Securities and Exchange Commission, the top U.S. markets regulator, disclosed on Wednesday evening that hackers had infiltrated its database that stores public company financial filings, potentially allowing intruders to trade on inside informati

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Study Finds FEMA Flood Maps Missed 3 In 4 Claims In Harvey Devastated Houston

forbes | September 21, 2017

 

A recent study found that FEMA failed to capture 75 percent of flood damages within their flood maps from 1999 to 2009. The FEMA flood maps are the primary source for how the government and insurance companies evaluate flood risk and insurance premiu

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Keep your cats & dogs free from these common & expensive illnesses

propertycasualty360 | September 21, 2017

 

Pet insurance may be a smart choice for pet owners in order to avoid costly out-of-pocket fees.

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Hurricane Irma and Harvey Damaged 1 Million Cars. What Happens Now?

fortune | September 21, 2017

 

While Hurricane Maria bears down on Puerto Rice and the mainland United States waits with bated breath to see where the storm will go next, the cost of the damage from Harvey and Irma is only beginning to become clear. Estimates for the cost of Hurri

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The Justice Department has reportedly opened an insider trading investigation at Equifax (EFX)

businessinsider | September 21, 2017

 

Reuters / Brendan McDermidEquifax officials are reportedly being investigated by the Justice Department after selling stock before the company revealed a data breach that exposed the personal information of millions of Americans. Bloomberg’s Tom Scho

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Washed-out Florida farms show limits of crop insurance reach … – Chicago Tribune

chicagotribune | September 21, 2017

 

Chicago TribuneWashed-out Florida farms show limits of crop insurance reach Chicago TribuneUnfortunately for the produce growers that were ravaged by recent hurricanes, a lot of the nation’s vegetable and fruit crops aren’t covered by insurance.and m

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Lloyd’s of London insurer Hiscox hires former spy chief to fight cyber crime

telegraph | September 21, 2017

 

The former boss of GCHQ who resigned suddenly from the British spy agency earlier this year has resurfaced in the insurance sector with a mandate to spot new cyber crime techniques.

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Distrustful U.S. allies force spy agency to back down in encryption fight

reuters | September 21, 2017

 

SAN FRANCISCO (Reuters) – An international group of cryptography experts has forced the U.S. National Security Agency to back down over two data encryption techniques it wanted set as global industry standards, reflecting deep mistrust among close U.

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