News
Chubb Q2 Net Income Jumps 33% on Premium Growth, Underwriting
Chubb followed up a challenging first quarter due to the California wildfires with second-quarter net income of nearly $3 billion, up about 33 percent compared to the same quarter a year ago. ...
All Good Things Come to an End: U.S. P/C Insurance Premium Forecast Dips
From the perspective of insurance carriers, a four-year trend of superior growth is taking an unfavorable turn, giving way to more moderate levels of increase, according to a recently released ...
Clorox’s Lawsuit Against IT Provider Alleges Hackers Given Employee Passwords
Bleach maker Clorox said Tuesday that it has sued information technology provider Cognizant over a devastating 2023 cyberattack, alleging the hackers gained access by asking the tech company's staff ...
Fridays Pose Highest Risk for Car Accidents on U.S. Roads: CARFAX
New data shows more accidents occur on Fridays than any other day of the week, according to vehicle history provider CARFAX. More accidents occur on Fridays than on any other day of the week in at ...
Texas GOP Lawmakers’ Special Session Agenda Focuses on Deadly Floods, Redistricting
Texas Democrats showed up Monday for a special session but left open the possibility of walking out as a means to derail an unusual summer redrawing of U.S. House maps that would help protect ...
UK Plans to Ban Public Sector Bodies From Paying Ransom to Cyber Criminals
Britain plans to ban public sector bodies and operators of critical national infrastructure, including the state-run health service, local councils and schools, from paying ransom demands to cyber ...
QBE North America Introduces AI-Focused Cyber Coverages
QBE North America announced its launch of artificial intelligence focused cyber insurance coverages for AI regulatory compliance and LLMjacking. "AI brings incredible opportunities for businesses as ...
A Third of Americans Haven’t Prepared Financially for a Natural Disaster: Survey
A recent survey conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA) found that many Americans are financially unprepared for a natural disaster. Nearly one-third (32 ...