The U.S. property/casualty (P/C) industry boosted its net underwriting income by 4.6% to $3.3 billion for the first quarter of 2022, according to a “First Look” report from AM Best.
The industry’s...
The toll of almost three years of unrelenting workplace disruption, digital transformation and ransomware attacks means most leaders are no more confident in their ability to manage cyber risk than they...
Acrisure said on Tuesday it had raised $725 million in a fresh funding round led by a wholly owned subsidiary of Abu Dhabi Investment Authority, valuing the insurance brokerage at $23 billion.
The...
Lloyd's of London, the world's oldest insurance market, said on Wednesday that it was working closely with British and international governments and regulators to implement global sanctions against Russia...
Less than a week after Florida lawmakers rushed to make property-insurance changes, a contractors group Tuesday filed a constitutional challenge that targets a new restriction on attorney fees in lawsuits...
The pattern that's emerged over the last decade is devastatingly clear: Atlantic hurricanes are becoming more violent, frequent and costly. This year is forecast to add more even more evidence.
The...
According to people familiar with the matter, the European Union is working with some Group of Seven members to coordinate a ban on providing the insurance services required to ship Russian oil anywhere...
The European Union's pledge to ban most Russian oil is forcing it to rewire an economy built on cheap Russian fuel—and threatens to deprive Moscow of revenue from its most valuable export.
Senior EU...
The Verizon Business 2022 Data Breach Investigations Report (2022 DBIR) examines an unprecedented year in cybersecurity history, and sheds light on some of the leading issues affecting the international...
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