News
IBHS: Virginia Edges Florida Out of First Place in Building Code Adoption
In a newly released ranking of hurricane-prone states, Virginia pushed Florida out of the lead to top the list in building code adoption and enforcement. The fifth edition of "Rating the States," ...
Large Number of Americans’ Data Stolen in UnitedHealth Hack
UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a "substantial proportion" of Americans from its systems in February, as the largest U.S. health insurer ...
15 Injured in Tram Collision With Guardrail at L.A. Theme Park
More than a dozen people suffered mostly minor injuries when a tram used for tours crashed into a railing at Universal Studios Hollywood near Los Angeles, authorities and the company said. Los ...
Fitch: U.S. Cyber Insurers Saw Strong Profits, Slowdown in Premium Growth in 2023
The U.S. cyber insurance line generated strong direct underwriting profits for the second straight year in 2023, but written premium volume has stalled amid renewed pricing pressure, according to a ...
Chubb Gets Its Paws on Pet Insurance MGA
Chubb announced a definitive agreement to acquire Healthy Paws, a U.S.-based managing general agent (MGA) specializing in pet insurance, from Aon plc. Financial terms of the deal, which is expected ...
The Latest Launches: Click for Cyber Insurance
Corvus Insurance and Zywave recently announced updates and launches aimed at speeding cyber insurance renewals and quotes. Another InsurTech, Mulberri, announced an embedded cyber insurance option ...
P/C Insurance Execs, Underwriters Out of Sync on Advanced Tech
The traditional ways in which insurers underwrite risks are inadequate to accurately assess and price evolving risks associated with natural catastrophes and technological innovation, according to ...
Survey: Most Small Businesses Provide Regular Safety Training to Employees
A new report on small business owners' workers' compensation insurance-buying habits and risk exposures found that 95 percent offer regular safety training to their employees, according to The ...