Billion-Dollar Satellite Risks Upending Space Insurance

Viasat Inc. has more than $1 billion of orbiting satellites in trouble, and space insurers are girding for market-rattling claims.

The ...

Deepfake Imposter Scams Are Driving a New Wave of Fraud

Computer-generated children's voices so realistic they fool their own parents. Masks created with photos from social media that can penetrate a system protected by face ...

Tech Bytes: New Partnerships at One Concern, Cover Whale

Florida’s Gulf Coast Begins Cleanup From Hurricane Idalia

Cleanup and recovery from Hurricane Idalia began on Thursday along Florida's Gulf Coast, where property damage, loss of life and power disruptions paled in comparison to ...

Idalia Rumbled Ashore as Cat 3, Lashing Tallahassee and Much of Florida and Georgia

Just when parts of the property-casualty industry thought it was safe to re-enter the Florida market, Hurricane Idalia made landfall closer to the heavily populated ...

Financial Institutions Bank Heavily on Embedded Insurance

Reinsurers’ Cyber Rates Expected to Rise as They Seek to Regain Profitability: S&P

More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according to a report published by ...

2023 to Test Recent Growth in Private Flood Insurance Market

The private flood insurance market has been growing, but 2023 may provide a real test following Tropical Storm Hilary in California as well as future storms that may come ...

Tile, Amazon Face Lawsuit From Stalking Victims Over Tracking Device Product

A tracking device called Tile may be effective in preventing its user from losing keys, a dog or a purse, but it is also a tool used by stalkers, according to two women ...

Farmers Insurance Laying Off 11% of Workforce, Citing Industry Challenges

Farmers Insurance announced it will part ways with approximately 2,400 employees — 11% of its workforce across all lines of business.