Content from Chad Hemenway
Cyber Direct Premiums Are Up but Majority of Policies Are Endorsements: NAIC
The U.S. domestic cyber insurance market has nearly tripled in size since 2020, with endorsement policies accounting for the largest share of policy counts relative to premium. The observations come ...
Chubb CEO Greenberg: Industry Has to ‘Put Arms Around’ AI Liability
The insurance industry has dealt with emerging risks in the past, and Chubb CEO Evan G. Greenberg said he thinks the same approach can be applied to the rapid escalation of apparent liabilities ...
Global Commercial Insurance Rates Drop 5% in Q3; Signs of Stabilization
Commercial insurance rates fell globally for the ninth straight quarter during the third quarter of 2026. According to the latest Global Insurance Market Index released by Marsh, global commercial ...
AI Accelerates Cyber Threat Landscape, Poses New Risks for Insurers and Businesses
Industry executives speaking during a recent NetDiligence Cyber Risk Summit in Philadelphia said cyber losses are increasingly driven by operational disruptions, sophisticated fraud schemes, rather ...
Trust Is the New Frontier in a World of AI Synthetic Content, Digital Doppelgangers
Thanks to the capabilities of artificial intelligence, trust is going to be an even more important component in the cybersecurity landscape. "The mantra moving forward is trust no one, verify ...
National Flood Insurance Program’s Authority to Expire in December
The National Flood Insurance Program is once again set to expire in two months. Early last month, NFIP's authority to operate was renewed when the president signed legislation passed by Congress to ...
Industry Reacts to Senators’ Letter for Claims Data and Recent Reports
Senators Elizabeth Warren and Josh Hawley are on the wrong track and misunderstand the influences that can affect claims, the industry said. The senators have sent letters to some of the largest ...
AM Best: US Home Insurers in 2025 Book First Underwriting Profit in Seven Years
U.S. homeowners multiperil insurers reversed a $1.3 billion underwriting loss in 2024 to post an underwriting profit of $16.5 billion in 2025 – the line's first underwriting gain since 2019, said ...