Risk
Microsoft Outlook Patch Not Preventing ‘Active Threat,’ White House Warns
The White House on Sunday urged computer network operators to take further steps to gauge whether their systems were targeted amid a hack of Microsoft Corp's Outlook email program, saying a recent ...
Vacation Trend: COVID-19 Travel Insurance Becoming a Staple
COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors ...
U.S. Commercial Rate Hikes Continue Robust Climb in Q4, Except Workers Comp
U.S. commercial insurance price hikes surpassed 10 percent in aggregate during the 2020 fourth quarter, another robust climb for a sector that produced aggressive rate hikes all year, according to ...
Wholesale Insurance Broker Amwins to Snatch Up Rival Worldwide Facilities
The largest wholesale insurance broker, Amwins Group, is getting even larger as it has agreed to acquire Worldwide Facilities, the fourth-largest wholesale insurance broker in the U.S. The addition ...
After Pandemic Legal Tussles, Insurers Rewrite Business Policies
U.S. insurers are strengthening language in policies that cover business losses to protect them from future claims related to the coronavirus pandemic or other widespread illnesses that disrupt ...
E&O Cyber Incidents Exploded in 2020: Aon
Aon released its first ever Errors & Omissions/cyber insurance product snapshot and it presents a pretty dire snapshot of worsening conditions. There were on average three new E&O cyber ...
First Anniversary of COVID-19 Shutdown Orders Could Spur New Wave of Lawsuits
The upcoming anniversary of COVID-19 shutdown orders may reveal whether a significant number of policyholders have been waiting on the sidelines before suing their insurers for business-interruption ...
Generali CEO Donnet: Insurers Can’t Handle Pandemic Risk on Their Own
Europe's insurance industry doesn't have the capacity to deal with the systemic risk of a pandemic and more protection needs to be put in place through private-public partnerships, the head of ...