Risk
Suspected Russian Hack of U.S. Government More About Espionage Than War
The suspected Russian hack of U.S. government agencies has led to heated rhetoric from lawmakers, with U.S. Senator Dick Durbin calling it "virtually a declaration of war" and U.S. Senator Marco ...
The UK, Battered by Coronavirus, Faces Final Brexit Decision Time
Boris Johnson faces a choice in the next few hours that will define his premiership: accept a trade deal with the European Union or go it alone. It could scarcely have come at a more difficult time ...
Hospital Charges Rise Even as Auto Casualty Claimants Avoid Emergency Rooms
Auto casualty claimants are avoiding hospital emergency rooms during the COVID-19 pandemic but are generating increased hospital charges anyway, according to a new report by Mitchell, a San ...
The First (Of Many) Coronavirus Business Interruption Trials Is Now Underway
The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to order some Lloyd's of London insurers to cover losses from the Covid-19 outbreak — the ...
Higher Cargo Insurance Rates, New Risks Aplenty With COVID Vaccine Rollout
Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on ...
Cyber Insurers Reduce Scope of Offerings as Ransomware Attacks Climb
Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even scale back on the cover they offer against cyber crimes, a report from a ...
Lloyd’s Takes Step to End Insurance and Investments in Coal
The Lloyd's market is moving to end its insurance of coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. As part of its plan to ...
High-End Home Insurance MGA Openly Secures $40M VC Round for National Expansion
Openly, an InsurTech MGA focused on high-end homeowners insurance, raised a $40 million round of venture capital from multiple investors. The new investment will fuel a national expansion, hiring and ...