Security risk

The former Zurich exec replaces John Foley.

Tony Kuczinski, President and CEO of Munich Re America, takes over duties in the short term.

Alan Schnitzer, 49, who leads Travelers’ business-and- international insurance segment, will become CEO Dec. 1.

The NAIC’s recent and startlingly rapid moves towards a cyber regulatory doctrine are evidence of the importance and vulnerability of cyberspace.

In a draft document, regulators propose 12 rights for policyholders around cybersecurity.

Adversaries are becoming more sophisticated not only in their approaches to launching attacks, but also in evading detection.

Updates aim to boost authentication while protecting the operating system and underlying PC from malware.

Mo Tooker will oversee underwriting across small commercial, middle market, large commercial and personal lines segments and will lead the development of the company’s underwriting approach for new markets and growth areas, The Hartford said.

Allen Reichman, 54, and three others scammed Oklahoma regulators in the $37.5 million leveraged buyout of Providence Property & Casualty Insurance Co., according to prosecutors.

The auto service, maintenance and repair technology company intends to introduce Identifix to international markets and roll it into the Digital Garage mobile app.