Companies’ cyber budgets rose by 70% between 2019 and 2023, while cyber insurance premiums increased by a...
Editorial: Limiting exposures to ‘next asbestos’
In a liability context, so-called forever chemicals carry an ominous-sounding name for underwriters and risk managers, suggesting a problem that’s not going away....
In a liability context, so-called forever chemicals carry an ominous-sounding name for underwriters and risk managers, suggesting a problem that’s not going away....
Article / 14 hours ago
Viewpoint: A ransomware minefield
Targeted ransomware attacks on two Las Vegas casino operators generated compelling headlines last month and signaled that the recent acceleration in cyberattacks appears to be here to stay — at...
Targeted ransomware attacks on two Las Vegas casino operators generated compelling headlines last month and signaled that the recent acceleration in cyberattacks appears to be here to stay — at...
Article / 14 hours ago
Perspectives: Bolstering operational resilience to combat ‘gray swan’ cyber events
Cybersecurity professionals are likely familiar with “black swan” events: rare, unpredictable incidents that occur without warning and are nearly...
Cybersecurity professionals are likely familiar with “black swan” events: rare, unpredictable incidents that occur without warning and are nearly...
Article / 14 hours ago
Top brokers of wholesale business
These charts present the second set of results from Business Insurance’s...
These charts present the second set of results from Business Insurance’s...
Article / 14 hours ago
Supreme Court to hear case on limits to copyright damages
) — The U.S. Supreme Court Friday agreed to clarify the time period for which plaintiffs can recover damages over copyright claims in a case involving a Miami music producer who sued Warner...
) — The U.S. Supreme Court Friday agreed to clarify the time period for which plaintiffs can recover damages over copyright claims in a case involving a Miami music producer who sued Warner...
Article / 1 day ago
Tower renews reinsurance program with lowered upper limit
New Zealand-based insurer Tower Ltd. has renewed its reinsurance program for the 2024 financial year, cutting its catastrophe upper limit to $750 million New Zealand ($452 million), Artemis reported....
New Zealand-based insurer Tower Ltd. has renewed its reinsurance program for the 2024 financial year, cutting its catastrophe upper limit to $750 million New Zealand ($452 million), Artemis reported....
Article / 1 day ago
The BI Top 10: Week of Sept. 25, 2023
QBE’s hiring of a former Liberty Mutual executive for a new construction post is attracting plenty of interest....
QBE’s hiring of a former Liberty Mutual executive for a new construction post is attracting plenty of interest....
Article / 1 day ago
Helios Underwriting turns profitable
U.K.-based Helios Underwriting PLC’s pre-tax profit totaled £6.3 million ($7.7 million) in the first half of the year, swinging from a loss of £2.8 million a year earlier, MarketScreener reported citing...
U.K.-based Helios Underwriting PLC’s pre-tax profit totaled £6.3 million ($7.7 million) in the first half of the year, swinging from a loss of £2.8 million a year earlier, MarketScreener reported citing...
Article / 1 day ago
Internal probes uncover price-fixing by insurers
Japanese casualty insurers Tokio Marine & Nichido Fire Insurance Co., Aioi Nissay Dowa Insurance Co., Mitsui Sumitomo Insurance Co., and Sompo Japan Insurance Inc. likely violated the antitrust...
Japanese casualty insurers Tokio Marine & Nichido Fire Insurance Co., Aioi Nissay Dowa Insurance Co., Mitsui Sumitomo Insurance Co., and Sompo Japan Insurance Inc. likely violated the antitrust...
Article / 1 day ago
Albemarle to pay more than $218 million to settle bribery probe
) — Albemarle Corp. will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple...
) — Albemarle Corp. will pay more than $218 million, including more than $103 million to financial regulators, to settle a U.S. probe into its scheme to bribe government officials in multiple...
Article / 1 day ago
