News
Unappreciated Gen AI Risks: Carbon Emissions and D&O Litigation
Hallucinations, bias, privacy infringements and intellectual property violations are some of the risks of generative AI that technology and insurance professionals have surfaced over the last year. ...
Cyber MGA Coalition Predicts Common Vulnerabilities to Increase 25% in 2024
Cyber insurance provider Coalition said it expects the total number of common vulnerabilities and exposures (CVEs) to increase by 25 percent in 2024 to 34,888 vulnerabilities, or roughly 2,900 per ...
P&I Clubs Raise Renewal Prices to Keep Up With Claims Inflation: AM Best
Protection and Indemnity (P&I) clubs sought further price improvements at the February 2024 renewals in order to keep up with claims inflation, despite a relatively benign year for P&I claims ...
Aon-NFP Deal Clears Antitrust Hurdle
Aon's proposed $13.4 billion acquisition of NFP passed a regulatory waiting period Feb. 21, the companies said. While the acquisition is still subject to other regulatory and closing conditions, it ...
Few Americans Aspire to the C-Suite: Study
Just 3 in 10 Americans aspire to a C-suite role, with millennials showing the highest interest in becoming a top executive (39 percent), according to new research, "Who's the Boss," from investment ...
Survey: Trust in E-Commerce Platforms Growing While Companies Lag
Consumers shopping on e-commerce platforms trust them more than the companies selling their goods through those digital channels, according to a new survey by Chubb. This trust gap is most evident ...
Bayer Fights Roundup Trial Losses Including $2.25B Verdict in Philadelphia
When a Philadelphia jury awarded $2.25 billion in damages this year in a case that linked Roundup to a cable technician's blood cancer, the verdict became the largest yet in the long-running ...
Lockbit Hackers’ Swagger on Display After Police Leak Identities Online
One of the world's biggest criminal hacking gangs woke up on Tuesday to a startling discovery: Law enforcement, after taking over their main website on Monday, were now threatening to reveal their ...