Markets
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 ...
Safety Board Recommends Blood Alcohol Technology in All New Cars
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be required to have blood alcohol monitoring systems that can stop an intoxicated person from driving. The ...
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 ...
Trump Defrauded Insurers, New York AG’s Lawsuit Says
Donald Trump and the Trump Organization used false and misleading statements of financial condition to obtain favorable real estate loans and insurance coverage over the last decade, according to a ...
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 ...
Rising Auto Rates Affecting ‘Bundle’ Strategy: J.D. Power
Bundling home and auto insurance may have hit a roadblock as consumers have started to break up policies largely due to increases in auto insurance premiums, according to J.D. Power. Overall ...
U.S. Traffic Deaths in First Half 2022 Hit 16-Year High
U.S. traffic deaths rose 0.5 percent in the first half of 2022 to 20,175, the highest number killed in the period since 2006, according to an early estimate released by U.S. ...