Risk
IoT Players ‘Greasing the Skids’ to Boost Growth of Sensor Tech
Sensor technology is no longer an emerging technology in commercial property/casualty insurance. It has emerged—and is rapidly growing, according to executives who bring the Internet of Things ...
The Ransomware Epidemic by the Numbers
During a session of the Casualty Actuarial Society Seminar on Reinsurance in June, Alexander Podmore, AVP and cyber underwriter for Swiss Re, defined a growing problem for cyber ...
7 Major Cyber Insurers Join in Cyber Analysis, Mitigation Effort
With cyber attacks and insurance claims on the rise, leading cyber insurers AIG, AXIS, Beazley, Chubb, The Hartford, Liberty Mutual Insurance and Travelers have formed a company to pool their data ...
Systemic Risk Analysis: Are Cyber Insurers Whistling Past the Graveyard?
While ransomware was the hot topic at 2021 midyear insurance industry conferences, discussions of the broader topic of systemic risk—spurred on by recent hacks of SolarWinds and Microsoft ...
Foam With ‘Forever Chemicals’ Used to Put Out Chemical Plant Fire
A company hired to help extinguish a fire that gutted a northern Illinois chemical plant last week used foam containing toxic compounds that have tainted surface waters and groundwater across the ...
Managed Retreat Needed Now; No Longer Last Resort for Climate Change
University of Delaware disaster researcher A.R. Siders believes it's time to put all the options on the table when it comes to discussing climate change adaptation. Managed retreat—the purposeful ...
Americans Don’t Expect Normal Travel Until 2022: Generali Survey
Most Americans don't expect a return to normal travel until 2022, according to a new Generali survey, which mean smaller numbers will take a summer vacation this year than before COVID-19 hit. The ...
Software Bug, Not Cyber Attack, Takes Down Airlines, Banks
A software bug at a major network provider briefly knocked dozens of financial institutions, airlines and other companies across the globe offline during peak business hours in Asia. Akamai, which ...