Britain’s Co-op Group Says Retail Crime Cost it $105 Million in 2024 April 3, 2025 Britain’s Co-op Group said on Thursday that losses from shoplifting in its food retail business rose by over 14% to...
Takeaways from Our Conversation on Crime at Cannabis Operations September 27, 2021 By Don Jergler One big national insurance cannabis firm sifted through some of its claims data to tell us that many thefts at...
Another Federal Circuit Finds Phishing Loss Covered Under Crime Policy February 11, 2020 By Patrick Loi Companies of all sizes have fallen victim to attacks whereby fraudsters will use deceptive communications, such as spoofed emails, to...
Impact of Court Ruling Chubb Unit’s Crime Policy Covers ‘Spoofed’ Wire Transfer July 9, 2018 By Andrew G. Simpson In a closely-watched case on insurance coverage in an age of expanding cyber risk, a federal appeals court in New...
Timeline: Growing List of Major Cryptocurrency Heists February 1, 2018 By Andrea Tan and Yuji Nakamura The $500 million heist of digital tokens from Japanese exchange Coincheck Inc. on Friday is remarkable for its sheer size,...
Insurers Begin to Offer Cryptocurrency Theft Cover, Tackling Risks of Growing Sector February 1, 2018 By Suzanne Barlyn Major global insurers are starting to offer protection against cryptocurrency theft, willing to tackle daunting challenges it brings rather than...
XL Catlin Introduces Commercial Crime Insurance Policy September 11, 2015 To help businesses recover from the financial repercussions of corporate crime, XL Catlin’s Global Crime business has introduced a new...
Berkshire Hathaway Specialty Launches Crime Protection Policy in Canada May 20, 2015 Berkshire Hathaway Specialty Insurance (BHSI) has introduced a crime protection policy along with a new executive impersonation coverage endorsement for...
AIG’s Barone Joins Beazley’s Fidelity and Crime Insurance Unit October 15, 2014 By Laura Davison and Zachary Tracer Beazley Plc hired Matt Barone from American International Group Inc., becoming the second insurer in a month to recruit from...
Chubb Launches Crime Coverage for Payment Fraud August 25, 2014 The Chubb Group of Insurance Companies has created a crime insurance endorsement to help protect companies from an increasingly prevalent...