Ransomware attacks are becoming more targeted, sophisticated and vindictive, pushing up claims ratios and forcing insurers to respond. Some may even be considering exiting the market...
More businesses and other institutions could realize that they are now more vulnerable to losses from hacks and turn to cyber liability coverage...
Global insurance group Zurich's Peter Giger told a conference that big risks such as climate change had not gone away, despite the focus on the current pandemic...
Demand remains strong, however, and the cannabis industry is trying to find ways overcome barriers between the product and the consumer that have been created by the novel coronavirus...
Cyber liability coverage for ransomware attacks will need to pull back as losses rise at an alarming rate, Axa XL's chief underwriting officer for cyber and...
Zurich's chief risk officer says some risks are getting harder to cover, or even uninsurable altogether, as climate change concerns dominate the World Economic Forum's global risks rankings...
The cannabis industry is currently insured by a very small number of carriers, but that would almost certainly change if a bill sitting in the U.S. Senate becomes law...
