Industry News
4 Things Small Businesses Can Do to Protect Against Cyber Attacks
Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. ...
Tech Bytes: New Partnerships at Acrisure, Neptune Flood, Insurity
Acrisure, a fintech company that operates a global insurance broker, announced a partnership with Coalition, a global provider of cyber insurance and security. Acrisure's Cyber Services division will ...
Zurich Reports Strong Growth in Q1, Driven by Rising Commercial Insurance Rates
Zurich Insurance Group has made a strong start to the year and expects to exceed all its financial targets for 2022, despite ongoing inflationary pressures. The company has minimal exposure to the ...
Airbnb Beefing Up Guest Services With Satisfaction Guarantees, AirCover Protection
Airbnb Inc. on Wednesday revealed what it's calling its "biggest change in a decade." Beyond modifications to its user interface and nifty new bells and whistles, it's also addressing one of the ...
Global Banks Flee the Monster SPAC Market They Helped Create
Just a few years after banks helped create a gargantuan market for blank-check companies, they're pulling away from the deals, afraid of the risks. Goldman Sachs Group Inc. is ending its involvement ...
Claims Frequency Up for 2021, but Workers Comp Profitability ‘Unprecedented’
For the first time in more than a decade, workers compensation claims frequency, outside of COVID-19 illness claims, increased in the United States last year. But not to worry, the trend won't last, ...
Creaky U.S. Power Grid Threatens Progress on Renewables, EVs
After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power. That's raising hopes for the fight against climate ...
D&O Market Has Most Profitable Year Since 2014, but It May Be an Anomaly
The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014, but results have to be "viewed as a possible aberration rather than the start of a trend," ...