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Zurich Insurance will appoint Mario Greco, the head of its Italian rival Assicurazioni Generali SpA, as CEO, Swiss newspaper SonntagsZeitung reported.

Europes largest automaker is in the midst of complex talks with the U.S. Environmental Protection Agency about possible fixes for about 480,000 diesel cars with 2-liter engines.

But that figure will get bigger, according to the state's Department of Agriculture.

This is the first of six cases in which plaintiffs' lawyers are attempting to prove the automobile giant was late to recall cars with defective switches and engaged in a massive cover-up to avoid liability.

It can be a balancing act to identify potentially fraudulent claims and still provide superior customer service for justified claims, a handful of factors can ensure success.

Despite the significant risk to organizations of every size in every industry, insurance providers often encounter resistance when introducing the topic of Cyber risk coverage for the first time.