The recent Microsoft Cloud outage is expected to drive significant business interruption claims, challenging the cyber insurance industry, particularly specialist insurer Beazley.

An administrative assistant admitted to stealing over $35,000 from an Adams County dentist’s office, forging insurance claims, and depositing checks into her personal account, according to court documents.

Auto theft in Canada has decreased by 17% in the first half of 2024, thanks to increased border patrols, police collaboration, and government actions, a report finds.

Skills-based hiring and salary levels can lead to better results and access to a wider talent pool as AI accelerates the pace of change.

Tennessee’s new law, Public Chapter 991, requires plaintiffs to prove "willful and wanton misconduct or gross negligence" in data breach class action cases, moving beyond simple negligence.

The NCCI reports sustained profitability in private workers’ compensation insurance, with a combined ratio of 86 for the past two years and below 90 for seven consecutive years.

Skyward Specialty’s CEO Andrew Robinson shares insights on the power of focusing on niche markets in insurance.

Assessing the market, balancing technology and business, and committing to growth are key steps in successful digital transformation.

Rite Aid, the third-largest US drug store chain, revealed that a data breach exposed sensitive information of over 2.2 million customers, including names, addresses, birth dates, and driver’s license numbers.

Generative AI investments are surging, squeezing other IT projects as companies aim for higher ROI and digital transformation.

As inflation and global conflicts escalate replacement costs, brokers and underwriters must effectively communicate economic trends and risk factors to clients to ensure adequate coverage and transparent pricing.

Recent research from the FIRST Center highlights significant differences in state workers’ compensation laws for first responders with mental health conditions, emphasizing the need for uniform presumption laws.

Moody’s RMS estimates U.S. insured losses from Hurricane Beryl between $2.5 and $4.5 billion, with NFIP losses under $300 million and non-U.S. losses not exceeding $1.5 billion.

The 2024 Global Priorities Report from the IIS highlights key concerns for insurance executives, including artificial intelligence, climate change, inflation, and cybersecurity, along with strategies for operational efficiency and growth opportunities.

While often dismissed, Category 1 hurricanes and tropical storms can cause significant damage and fatalities, emphasizing the need for a comprehensive understanding of storm impacts beyond mere wind strength.