News
Silly Distractions Can Help You Make It Through a Tough Work Day: Study
Positive interventions that distract us from difficult tasks actually help to reduce our stress levels, according to new research from WHU – Otto Beisheim School of Management and Trinity Business ...
Executives on the Move at Neptune Flood, Chubb, W.R. Berkley
Neptune Flood Inc. announced that Matthew Duffy has been named chief risk officer. He has spent the last 18 months as Neptune's director of Risk Management & Internal Audit. Prior to joining ...
Apple Sued by Women Who Say Airtag Lets Stalkers Track Victims
Apple Inc. has been sued by two women who said its AirTag devices have made it easier for their former partners and other stalkers to track down victims. In a proposed class action filed on Monday in ...
FloodFlash Eyes Parametric Splash in U.S.
Parametric flood insurance is still in its infancy in the United States, but one index-based insurer is preparing to make a splash in five states in early 2023. FloodFlash is set to begin offering ...
North Carolina Attack Shows Fragility of U.S. Power Grids, Experts Say
The attacks that left two electrical substations in North Carolina riddled with gunfire and knocked out power to 45,000 homes and businesses underscores the fragility of U.S. grids, experts said ...
Fraudulent Funds Transfer, Ransomware Are Main Drivers of Cyber Loss: Corvus
According to new data from Corvus Insurance, fraudulent funds transfer (FFT) continues to generate substantial losses for organizations. FFT comprised 36 percent of the company's cyber claims — an ...
Many InsurTechs Exit the Marketplace, and Other 2023 Predictions From Forrester
More than a quarter of InsurTechs will leave the insurance marketplace in 2023 — just a couple years after investments in the space were at an all-time high, according to predictions from research ...
A Near-Term Return to Underwriting Profit in Auto ‘Highly Unlikely’: AM Best
Apparently, nothing has changed within the last several months to change AM Best's negative outlook on the U.S. personal lines insurance segment. Tuesday the insurance industry rating agency said it ...