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Top Insurance Journal Cyber Stories of 2023

Data breaches, lawsuits, and ongoing conversations about cyber war exclusions gave Insurance Journal readers much to talk about regarding cyber insurance in 2023. While news of cyber acquisitions, the major themes to look out for in the coming year, and …

Top Insurance Journal EPLI Stories of 2023

A groundbreaking ruling, high-stakes lawsuits and a noteworthy protest — Insurance Journal’s reporting on the employment practices liability insurance landscape covered a lot of ground in 2023. Below is a selection of the most-viewed EPLI stories that appeared on the …

Reinsurance Buyers Find ‘Smoother’ January Renewals With Ample Capacity: Carpenter

Ceding companies are finding that a responsive reinsurance market has materialized for the Jan. 1, 2024 renewals – a reflection of ample capacity and a commercial approach to trading partnerships, according to Guy Carpenter, the reinsurance business of Marsh McLennan. …

Hallmark Financial to Voluntarily Delist From Nasdaq

Property/casualty insurer Hallmark Financial Services said it has voluntarily delisted from Nasdaq after failing to meet requirements to remain on the stock exchange. Hallmark on Dec. 26 provided notice to Nasdaq. The company said its shares will be suspended in …

SEC’s Ambitious Climate Agenda Stalls as US Elections Raise Stakes in New Year

The Securities and Exchange Commission’s failure to complete an ambitious climate-related agenda in 2023 is making environmental activists nervous. Less than a year before a US presidential election that could scuttle the regulator’s environmental, social and governance efforts, the SEC …

Title Insurer Reports Another Cybersecurity Event; Fitch Monitoring Ratings

Less than a month after New York insurance regulators said a title insurer would pay $1 million for violations of a cybersecurity regulation stemming from a 2019 breach, the holding company for the insurer revealed a more recent cybersecurity incident. …

Google Settles $5 Billion Consumer Privacy Lawsuit

Alphabet’s Google has agreed to settle a lawsuit claiming it secretly tracked the internet use of millions of people who thought they were doing their browsing privately. U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, put a scheduled Feb. …

World Meteorological Organization Says 2023 Will Easily Break Climate Records

With a few days left to go until next year, it can be said that 2023 has officially shattered climate records. A World Meteorological Organization provisional State of the Global Climate report confirmed that 2023 is set to be the …

Top National Insurance Journal Stories of 2023

Auto insurers again in 2023 had a lot of trouble battling several headwinds preventing them from turning a profit. The topic was one of many in which readers of Insurance Journal kept a close eye. Other than the trials of …

Truck Engine Maker Cummins to Pay Record $1.675 Billion US Environmental Fine

Truck engine maker Cummins Inc. has agreed in principle to pay a $1.675 billion fine for installing devices on hundreds of thousands of engines to allow them to emit excess pollution, the largest-ever civil penalty for a Clean Air Act …

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