Alphabet in Talks to Buy Wiz in $23 Billion Cyber Deal July 15, 2024 By Marissa Newman and Davey Alba Google parent Alphabet Inc. is in talks to acquire cybersecurity startup Wiz Inc., according to a person familiar with the...
Hacker Says AT&T Paid About $400,000 to Erase Sensitive Data July 15, 2024 A hacker who claims to have stolen sensitive call and text logs from AT&T Inc. said they were paid about...
Report: Impact of BEC Attacks on US Companies Misunderstood July 15, 2024 A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it...
A Troubling Phrase: ‘Just a Category 1 Hurricane’ July 15, 2024 By Brendan Farrington Here’s a troubling phrase hurricane forecasters hate but often hear: “It’s just a Category 1. Nothing to worry about.” Or...
Project 2025 Plan to End NFIP Welcomed by Some, Rejected by Others in Insurance July 15, 2024 By William Rabb A plan by a politically conservative group to dismantle the National Flood Insurance Program, if Donald Trump is elected president,...
What Happened to Reinsurance ‘Class of 2023’? Hard Market Defies Age-Old Patterns. July 12, 2024 By L.S. Howard Catastrophic events, such as major hurricanes and the Sept. 11 terrorist attacks, traditionally have led to hard markets that in...
Insurers Hike Rates as Extreme Storms Like Beryl Proliferate July 12, 2024 By Damian J. Troise Destructive storms like Hurricane Beryl that knocked out power to 3 million homes and businesses in Texas are growing more...
AT&T Says Data From Around 109M Customer Accounts Illegally Downloaded July 12, 2024 By David Shepardson AT&T said Friday the company suffered a massive hacking incident as data from about 109 million customer accounts containing records...
Conning Study: MGA Market Still Growing July 12, 2024 A hard market combined with underwriting capacity from fronting companies allowed for robust growth in the MGA market in 2023,...
CBO Says Mortgage Subsidy Cost from Flood Damage to Hit $395M by 2053 July 12, 2024 By Don Jergler Climate change is expected to increase the frequency and severity of floods in the U.S., posing greater risks to homeowners...