Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says July 21, 2025 By Jahna Jacobson The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock...
When Insurance Isn’t the Optimal Risk Management Approach July 21, 2025 By Bill Wilson On March 14, 2024, I made a blog post titled “Do You Have The Right Kind of Insurance?” The article...
Tax Increase on Litigation Funders Does Not Make Final Budget Bill July 21, 2025 By Chad Hemenway When Trump’s huge tax bill was signed into law July 4, missing were changes to the taxes third-party litigation funders...
Verisk: Q1 Claims Volume Hits 5-Year Low but Severity Up on Wildfire Losses July 7, 2025 By Ezra Amacher The first three months of 2025 brought devastating wildfires to California, significant wind and hail events to Texas, and substantial...
Wildfire Experience Inspires New Contents Claims Insurtech July 7, 2025 By Allen Laman When Michael Balarezo emerged from the basement office of his Boulder, Colorado, home in December 2021, smoke plumes from the...
The Art of Storytelling in Insurance: How to Make Technical Topics Engaging and Relatable July 7, 2025 By Erin Dwyer When was the last time you watched someone’s eyes light up when you mentioned policy exclusions, aggregate limits, or automated...
Oklahoma Expands Second Pilot Launch of Fortified Grants Program July 7, 2025 The Oklahoma Insurance Department said that it has expanded its second pilot launch of OKReady, a program that allocates up...
Insurance Industry Rejects Proposed Moratorium on State Artificial Intelligence Regulation July 7, 2025 By Chad Hemenway A proposed decade-long moratorium on state regulation of artificial intelligence has gained the attention of many, including those within the...
APCIA Warns Michigan Auto Insurance Bill Could Destabilize Market July 7, 2025 By Ezra Amacher A Michigan lawmaker has proposed legislation that would mandate auto insurance premium reductions of at least 10% on any new...
Connecticut Crumbling Foundation Insurer Seeks $100 Million July 7, 2025 By Andrew G. Simpson The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond...