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.

As we usher in a new year, insurers and risk managers alike will continue to focus on exploiting technology advances to prevent and mitigate risk.

Building insurance solutions for extreme risks creates the "illusion" of security and certainty, according to Zurich Insurance Group AG’s top risk officer.

The insurance giant Travelers Cos., which employs thousands in downtown Hartford, is delaying indefinitely its broad-based return to the office as concerns grow about the COVID-19 omicron variant and a recent spike in infection rates.

There is a misconception that in a mentoring relationship, the primary objective is for the mentor to help the mentee grow and accomplish established goals. While this is a part of the mentor/mentee relationship, what does the mentor receive?

Insurers could use artificial intelligence to identify risks and prevent losses from happening. Why don’t they?

A new report from global reinsurance giant Swiss Re puts in human terms the financial impact of biodiversity loss as the ‘twin risk of climate change.’