Commercial Lines
Cyber Threats Still No. 1 Business Concern: 2022 Travelers Risk Index
Cyber threats were the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index. Cyber threats were chosen as a top concern by 59 percent ...
Small Businesses Underestimate Recovery Time, Cost of Cyber Attack
Nationwide Agency Forward survey showed 40 percent of small business owners expect a cyber attack to cost less than $1,000, and another 60 percent think it would take less than three months to fully ...
3M Belgian Settlement Signals Increased Risk of ‘Toxic Torts’ in Europe
"Toxic torts," which are lawsuits alleging damage to human health or the environment caused by specific substances, are increasingly common in the United States. They can cost defendants hundreds of ...
Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk
Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers' underwriters more efficiently evaluate risks for large and ...
Report: While Hackers Eye Small Businesses, Ransomware Attacks Decline
A new cyber trends mid-year report released by cyber insurer Coalition suggests that while small businesses continue to be targeted, overall incidents are down and ransomware attacks are declining as ...
Cyber Defense Agency Urges Companies to Automate Threat Testing
The U.S. government's cyber defense agency is recommending for the first time that companies embrace automated continuous testing to protect against longstanding online threats. The guidance, from a ...
U.S. DOL Expands OSHA’s Severe Violator Enforcement Program
OSHA's Severe Violator Enforcement Program targets employers who repeatedly disregard workers' safety and health. In order to strengthen enforcement and improve compliance with workplace safety ...
Tesla Sued by Drivers Over Alleged False Autopilot, Full Self-Driving Claims
Tesla Inc. was sued on Wednesday in a proposed class action accusing Elon Musk's electric car company of misleading the public by falsely advertising its Autopilot and Full Self-Driving features. The ...