Risk
Businesses Consider Outsourcing Gen AI Over Data Security, Privacy and Regulatory Concerns
Business leaders are particularly focused on innovative ways to enhance customer experience (CX) through generative AI (GenAI) technology while balancing the need for return on their investment, ...
LexisNexis: Loss Costs Rise for All Home Insurance Perils
A new report indicates loss cost across all perils combined grew for the fourth year in a row in 2022, according to the latest LexisNexis "U.S. Home Trends Report." The 8th annual report on home ...
Survey: 79% of Organizations Sustained a Cyber Attack Within the Past Year
A new global survey of 1,309 IT and security professionals found that 79 percent of organizations suffered a cyber attack within the last 12 months, up from 68 percent just a year ago, according to ...
No Multi-factor Authentication in Place When Hackers Used Stolen Login Credentials in UnitedHealth Breach
Hackers breached UnitedHealth's tech unit on Feb. 12 by using stolen login credentials that gave them remote access to its network, the largest U.S. health insurer will testify before a House panel ...
As Wildfire Risk Grows, States Grapple to Retain Property Insurers
Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won't be renewed because their insurance company ...
IIHS: New Front Crash Prevention Test Highlights Safety Weakness in Small SUVs
In a newly updated vehicle-to-vehicle front crash prevention test to address crashes that occur at higher speeds and those in which the struck vehicle is a motorcycle or large truck, only one of the ...
Allstate Will Insure California Homes Again, Under One Condition
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according ...
Auto Safety Agency Probes Tesla Recall of 2M Vehicles Over Autopilot Concerns
U.S. auto safety regulators said Friday they have opened an investigation into whether Tesla's recall of more than 2 million vehicles announced in December to install new Autopilot safeguards is ...