Resilience: Third-Party Risk Involved in 31% of Cyber Claims February 28, 2025 More merger-and-acquisition activity and technology consolidation have given cyber hackers plenty of entry points to exploit, making third-party cyber risk...
People Moves: Faynberg to Head Chubb’s Healthy Paws; D’Onofrio Promoted to Global CUO of Ryan Specialty Underwriting Managers February 28, 2025 Westchester, Chubb’s excess and surplus lines company, said Alex Faynberg was appointed to executive vice president and head of pet...
Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming February 28, 2025 By L.S. Howard Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season – despite concerns about adverse...
US GDP Could Take a Big Hit From Climate Change by 2100, Study Shows February 28, 2025 By Don Jergler A working paper from the U.S. Congressional Budget Office recently estimated the distribution of changes in gross domestic product in...
ZestyAI: More Than $2 Trillion in US Homes at High Risk of Wildfires February 28, 2025 While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the...
CFPB Drops Lawsuits Against Capital One, Rocket Unit February 28, 2025 By Paige Smith The Consumer Financial Protection Bureau dropped a slew of Biden-era lawsuits against lenders as the nominee to lead the agency...
AXA CEO Says Prevention Needed to Keep Home Insurance Affordable February 27, 2025 By Claudia Cohen and Steven Arons A leading insurance executive said the best way to keep price increases in check for property insurance in regions exposed...
US Soldier Linked to AT&T Hack Accused of Contacting Spy Agency February 27, 2025 By Margi Murphy A 21-year-old US soldier accused of trying to sell AT&T call records of Donald Trump’s family members also attempted to...
Insurtech Root Finishes 2024 With First Yearly Profit February 27, 2025 By Chad Hemenway Root Inc. followed up its first ever quarterly net profit in the third quarter with another in the last quarter...
Viewpoint: Attracting and Retaining Gen Z to Quell the Insurance Talent Crunch February 27, 2025 By Heather H. Wilson The last three years have exposed a growing challenge for insurance carriers: attracting, hiring and retaining young talent. Despite the...