Content from Chad Hemenway
NAIC Victim of Cyber Incident Via PeopleSoft System
The National Association of Insurance Commissioners (NAIC) said it was the victim of a data breach, though an investigation has found the group responsible is unlikely to have the scope of data it ...
AM Best: Data Centers Pose Risks Beyond What P/C Industry Has Experienced
The proliferation of data centers across the U.S. to bolster critical infrastructure for artificial intelligence is also bring some complicated risks. A new report from AM Best outlines "substantial ...
WR Berkley Founder and Executive Chairman Dies at 80
W.R. Berkley Corp. said that on June 9 its founder and executive chairman William R. Berkley died at the age of 80. William R. Berkley founded the Greenwich, Connecticut-based commercial ...
D&O Market Expected to Tighten Under Pressure, Says AM Best
Analysts at insurance rating firm AM Best said there are "warning signs" for the directors & offers liability market, leading to shrinking underwriting margins and a tighter environment for ...
Verizon DBIR Says Software Vulnerabilities Aren’t Being Patched Quickly Enough
Hackers are still trying to trick people to exploit an organization's systems, but more breaches now start with software vulnerabilities. Stolen passwords, or credential abuse, are no longer the top ...
Acrisure to Cut 2,250 Employees, Citing Advances in Technology and AI
Acrisure's CEO told employees that about 2,250 of them won't be with the company by the end of 2027. The Grand Rapids, Michigan-based global broker is planning to reduce its headcount by about 11%, ...
U.S. P/C Industry Underlying Growth Expected to Slow in 2026
The U.S. property/casualty insurance industry is expected to see underlying growth decrease 3.7% for the first half of 2026 as it deals with economic uncertainty. The industry grew 1.6% in 2025, but ...