Global electric vehicle (EV) sales increased by 108% from 3.24 million in 2020 to 6.75 million in 2021, according to EV Volumes, and that number is expected to jump again in 2022 as more EV options enter the marketplace and drivers seek relief from soaring prices.

Cybercriminals love pandemics, natural disasters, and wars. Global distractions are good for their business. Russia’s invasion of Ukraine elevates cybersecurity risks, which already weighed on the minds of global business leaders.

Members of the risk and insurance industry recently convened for the annual Reinsurance & Excess Surplus Lines Symposium held virtually on March 9-10.

Coalition released its cyber claims report in March, analyzing data from active cyber insurance companies in Canada and the United States throughout 2021.

The Intergovernmental Panel on Climate Change (IPCC) has been publishing assessment reports describing expected climate change impacts and risks since 1990 and has warned of the growing risks from climate change in each report.

When Adrienne Reid heard that Mike Winkelmann, the digital artist known as Beeple, sold a piece of his work at the art auction house Christie’s for $69 million, she didn’t think much of it.

Thanks to high-profile hacks with visible, real-world consequences like the Colonial Pipeline hack, 2021 will be remembered by many as the year cybercrime prevention started to actually matter.

Earlier this month, pharma-giant Merck won a $1.4 billion lawsuit over insurance companies’ duty to pay for the damages stemming from the 2017 NotPetya cyberattack.

Cyber war is at our digital doorsteps—and if some observers are to be believed, has crossed the threshold and entered our daily existence. While it’s certainly true that nation-states across the world now approach cyberspace as another operational domain, what actually constitutes a declaration of war in this dimension is the subject of heated debate.

In today’s information-driven economy, data is extremely valuable to just about any industry and profession, and risk management is no exception. Businesses that are able to properly harness data can apply it to improve their operations and make more efficient use of resources.

The prose in the Feb. 2 New York Times article was breathless. Feral pigs in the San Francisco Bay Area are tearing up lawns and ripping their way through golf course fairways. One biologist characterized the pig incursions as a ‘feral swine bomb.’ Wow. Sounds heavy.

All insurance professionals have heard of "acts of God" relative to insurance. But what does this phrase mean, and what implications are there for builders risk insurance?

From corporate headquarters to college campuses, the insurance industry is reaching out and collaborating to attract talent. Meanwhile, those involved in talent acquisition are contending with a remote working environment that has created new challenges to recruiting.

For as long as weather and natural catastrophe risks have existed, insurers and reinsurers have been responsible for the commercial assessment of natural disasters, primarily through underwriting and reserves management.

You can’t light them on fire. A tornado can’t blow them away. They won’t rot of mold when wet. Still, damage to intangible assets, like brand recognition and reputation, can harm a business as much as the destruction of a physical asset.