Technology/Science
Russian Cyber Attacks May Test Insurer War Exclusion Policy Language
The Russian invasion of Ukraine has increased the risk of cyber attacks and potential claim costs for property/casualty insurers globally that offer cyber coverage, the majority of which is ...
TikTok Facing Probe Over How Platform Markets to Kids
ByteDance Ltd.'s TikTok is being targeted by a group of states seeking to determine whether the social media platform is being improperly marketed to children. The states are investigating how TikTok ...
Funds Transfer Fraud Skyrockets in 2021; Small Businesses Hit Hard
Cyber claims from small and midsize businesses saw a "material uptick" in 2021, with funds transfer fraud a main culprit, according to cyber insurance and security firm Coalition. According to its ...
EPA Power to Curb Carbon Emissions Questioned by Supreme Court
Conservative U.S. Supreme Court justices on Monday appeared skeptical of the federal government's authority to issue sweeping regulations to reduce carbon emissions from power plants in a case that ...
AIG Commits to Net-Zero Greenhouse Gas Emissions in Underwriting, Investment by 2050
American International Group said it is committed to achieving net-zero greenhouse gas emissions across its global underwriting and investment portfolios by 2050. AIG already made a commitment last ...
NFTs: A Momentary Trend or More Below the Surface?
NFTs, or non-fungible tokens, have gained popularity primarily within the art world so far, but experts say it's just the beginning in terms of where the space could be headed. "The art world has ...
What Is the Key to Underwriting in an Everchanging Cyber Risk Landscape? Change With It
There is plenty of talk about the everchanging cyber risk environment, but what about the insurance industry that underwrites these risks? As some contemplate a need for more stability in cyber ...
Travelers Acquires Tech Assets of InsurTech Trōv
Trōv, an early InsurTech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist, announced this morning that The Travelers Companies will acquire ...