The cyber insurance sector has been tested recently with growing ransomware attacks, rising premiums, and more sophisticated threat actors, but that isn’t necessarily scaring insurers away, according to a 2022 Cyber Insurance Market Trends report from Panaseer. “Despite the considerable …
In what may be one of the first court filings of its kind, insurer Travelers is asking a district court for a ruling to rescind a policy because the insured allegedly misrepresented its use of multifactor authentication (MFA) — a …
Motorcycles cause a far higher rate of injuries among children than quad bikes do, a study from UNSW Sydney and NeuRA has found, but quad bikes account for more serious individual injuries. In a retrospective population study carried out by …
I know a thing or two about helping agencies grow. In fact, I’ve helped hundreds of entrepreneurs create independent insurance agencies. From this experience, I’ve learned growth is a fairly straightforward proposition — at least from the early days up …
New York’s attorney general says Teva Pharmaceutical Industries Ltd. lied to evade accountability for helping fuel the state’s opioid crisis, and should be restored to litigation where the Israeli company’s U.S. unit had been found liable. In a court filing, …
Much has been written about concerns related to use of 3D printing in the office or home, including potential risks associated with health, safety, product defects, and more. Now, imagine taking your 3D printer outside and watching it morph from …
While the market for cyber insurance is expected to remain challenging “for the foreseeable future,” there is optimism for rate stabilization as organizations focus on cyber hygiene, according to broker Marsh. In a recent briefing, the broker said “steep rate …
The Biden Administration said in June that The National Initiative to Advance Building Codes is designed to “boost resilience to the impacts of climate change, lower utility bills for homes and businesses, and prioritize underserved communities.” The initiative includes: Ensuring …
I find that almost all agents and a high proportion of insurance carrier employees possess inadequate knowledge of insurance carrier surplus. Also, many think the knowledge they possess is accurate, however, in my experience, it is not. Assessment of insurance …
Automation enhances industry, but it’s harmful to the mental health of its human co-workers. A University of Pittsburgh study suggests that while American workers who work alongside industrial robots are less likely to suffer physical injury, they are more likely …
