Commercial Lines
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB
According to The Council of Insurance Agents & Brokers' (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be decreasing while demand is increasing, which could ...
Cyber-Hygiene Confidence Low but Insurance Is Making an Impact: Survey
Nearly three quarters of global cyber-risk decision-makers recently surveyed said their company experienced at least one cyber attack in the past year, and while these attacks have spurred more ...
Can U.S. Gunmakers Be Liable for Mass Shooting?
An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the potential legal liability ...
Progressive Supporting Hispanic Small Biz With Grant Program
Progressive Insurance announced that it recently launched the Driving Small Business Forward grant program in support of Hispanic entrepreneurs. Small business owners can apply to receive one of 10 ...
Data Breach-Related Securities Suit Filed Against Cyber Firm Okta
Following a trend in directors and officers litigation involving cybersecurity firms, Okta Inc. now faces a securities class action lawsuit alleging the firm made false and misleading statements, ...
Costlier Errors: Legal Malpractice Claims Severity Keeps Rising
Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years — ...
PIMCO Sued Over ‘Fraternity’ Culture by Minority Ex-Workers
Pacific Investment Management Co. now has both men and women suing over a "fraternity" culture that allegedly favors white males. Two men, a Black ex-employee and a former contractor who is Asian, ...
Global Supply Stress Worsened in April, NY Fed’s Index Shows
Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times and air freight costs between the United States and Asia ...