Cyber Insurance Market to Expand as Risks Evolve: Gallagher January 17, 2025 While 2024 brought record-breaking data-breach costs and evolving cyber risk, all signs point to stable rates and ample capacity in...
Actuary Group Forecasts Climate Change to Have Massive GDP Hit Without Policy Action January 17, 2025 By Don Jergler Here’s stark warning in a new report from a group of actuaries: the global economy could face a 50% loss...
FBI Warned Agents It Believes Phone Logs Hacked Last Year January 17, 2025 By Jake Bleiberg and Margi Murphy FBI leaders have warned that they believe hackers who broke into AT&T Inc.’s system last year stole months of their...
White House Aims to Bolster Cybersecurity With Last-Minute Order January 16, 2025 By Jake Bleiberg President Joe Biden on Thursday is set to issue an executive order aimed at strengthening the federal government’s cybersecurity and...
DOJ Reports $2.9B Recovered in False Claims Act Litigation January 16, 2025 Litigation under the False Claims Act generated more than $2.9 billion in settlement and judgments the last fiscal year, according...
Too High? Too Low? BMS Analyzes Early Wildfire Insured Loss Estimates January 16, 2025 By Susanne Sclafane Industry analysts’ early estimates of insurance industry losses for the January 2025 California wildfires have already grown from $8 billion...
Bayer Faces Billions in Payouts for Decades-Old Toxic Mess January 16, 2025 By Jef Feeley Bayer AG’s Monsanto unit stopped making toxic PCBs a half century ago, but the legal fallout lingers even as many...
An Increase in Identity Theft, Cybercrime Predicted in 2025 January 16, 2025 The forecast for identity theft scams and cybercrime in 2025 is bleak, according to the Identity Theft Resource Center (ITRC)....
People Moves: NAMIC Promotes Cotto to Counsel of Federal and Political Affairs January 16, 2025 The National Association of Mutual Insurance Companies (NAMIC) promoted Tony Cotto to assistant vice president and counsel for federal and...
Economists Say Los Angeles Fire to Have Limited National Economic Impact January 16, 2025 By Michael S. Derby Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the...