U.S.
Marsh: Cyber Insurance Purchases Climb After Rocky Couple of Years
Stricter policy language, pricing increases and more scrutiny at policy inception made for a tumultuous couple of years in the cyber insurance market. Despite this, 36 percent of Marsh's clients ...
Thousands of Steel Frame Bridges Across U.S. Need Corrosion Inspection
Investigators looking into the collapse of a Pittsburgh, Pa., bridge want transportation officials nationwide to examine more than 10,000 other bridges with similar construction to ensure they don't ...
The Supreme Court Handed Google and Twitter a New Line of Defense
The U.S. Supreme Court handed social media companies a new line of defense as they face an increasing number of lawsuits alleging their algorithms have harmed users — whether by addicting children ...
Insurers Latest Target of U.S. AGs ESG Antitrust Concerns
This week, insurers and reinsurers who are members of the Net-Zero Insurance Alliance (NZIA), received a letter from 23 attorneys general raising potential legal concerns that might arise from their ...
KCC: Ian Contributed to Sizable Insured Losses Despite Mostly Average ’22 Hurricane Season
Last year, the state of Florida sustained the largest hurricane loss with Ian, with estimates of more than $100 billion in economic damage, including uninsured properties, damage to infrastructure, ...
Hackers to Test AI Limits at Mass Event
No sooner did ChatGPT get unleashed than hackers started "jailbreaking" the artificial intelligence chatbot—trying to override its safeguards so it could blurt out something unhinged or obscene. ...
Tale of Two Markets: Personal Lines ’22 CR 15 Pts. More Than Commercial
The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal lines came in at 109.9. It was the largest difference in ...Markel Corporation Changes Name to Markel Group Inc.
Markel Corporation is changing its name. As of May 26, 2023, Markel Corporation will be known as Markel Group Inc. The change provides greater definition around the nature of their holding company ...