When it comes to cyber security events, “hours make a difference, let alone days” in terms of response time, according to Tim Francis, enterprise cyber lead at Travelers. For small and mid-sized businesses, formulating a cyber response plan can be …
Many real estate consumers don’t think about insurance very much. Most assume coverage is always available — just a phone call away. Few worry that insurance won’t be there. But what if such assumptions are wrong? The real estate marketplace …
Are employees injured at work more likely to file under workers’ compensation instead of group health insurance when their group health plan has a higher deductible? The Workers Compensation Research Institute (WCRI) found evidence they do in a new study …
Federal transportation officials are requiring railroads to establish regional response teams along oil train routes following a series of fiery derailments. The new rule is aimed at having crews and equipment ready in the event of an accident. It applies …
There were 63 insurtech investment deals worth nearly $1.6 billion in the 2018 fourth quarter, according to a new Willis Towers Watson report. That’s a 24 percent jump in deal count compared to the 2017 fourth quarter, and funding volume …
A new form of online bribery is emerging where cyber criminals attempt to extort cryptocurrency by claiming to have potentially embarrassing evidence of people using adult websites on work computers, according to a report issued by Beazley Breach Response (BBR) …
From accountants to advertisers, everyone is talking about the power of big data. Underwriters and insurance agents are no exception. While big data is undoubtedly an extremely valuable tool when it comes to risk assessment, policy pricing and customer service, …
Nevada Insurance Commissioner Barbara D. Richardson approved a filing from the National Council on Compensation Insurance for an average decrease of 8.1 percent for Nevada workers’ compensation voluntary insurance loss costs. An average decrease of 7.3 percent for workers’ comp …
A South Carolina senator says a bill aiming to legalize the medicinal use of marijuana will not move forward until lawmakers address concerns of stakeholders. Members of the Senate Medical Affairs subcommittee met Wednesday to discuss proposed legislation which would …
Many Southern communities could face weeks of flooding, along with other disruptions, as recent rains have sent many streams over their banks. In one Mississippi Delta hamlet, the mayor says water has cut off all but one road into the …
