Industry News
Reputation Risk Can Overshadow Ransom in Cyber Attacks, Aon Says
The cost of a cyber attack extends far beyond any immediate mitigation expenses or ransoms paid. Reputational costs and dipping stock values can be a significant portion of losses, according to the ...
Reinsurance Renewal Prices Moderate as Capacity Exceeds Cedent Demand: Brokers
Strong returns in the reinsurance sector are attracting capital and leading to favorable pricing outcomes for buyers, but underwriting discipline continues, according to renewal reports from three ...
Philadelphia Insurance Is Back Up and Running After Network Outage
Philadelphia Insurance reports its operations have been restored following a network outage. "We have resumed regular operations, though we continue to address minor technical issues as they arise," ...
Beazley Report: U.S. Executives Misjudge Cyber Preparedness
U.S.-based executives feel more prepared to counter cyber threats, potentially indicating a false sense of security because many companies lack the ability to be adequately prepared, according to a ...
New Study Suggests Vehicle Blind Spots Are Getting Worse
Forward blind zones of six top-selling passenger vehicles grew substantially over the past 25 years as pedestrian and bicyclist fatalities soared, according to a comparison technique developed by the ...
Wall Street Backs LA Wildfire Lawsuits, Chasing Billions
The Los Angeles wildfires have generated potentially thousands of new clients for lawyers and prospects for billions in fees. Wall Street wants in on the action, too. The chance at a piece of strong ...
DOGE Now Targeting SEC Policy, Eyes SPAC Rules, Sources Say
President Donald Trump's Department of Government Efficiency initiative has pushed the U.S. markets watchdog to loosen Wall Street rules around blank-check companies and ...
‘Generali’ Sign Atop Insurer’s Skyscraper Offices Collapses in Milan
One of the giant Generali signs that crown the Italian insurer's head offices in Milan collapsed on Monday, remaining atop the 170 meter-high (558 ft) skyscraper but at risk of ...
