Cyber Attacks Cost Russian Companies and Citizens $49B in 2020: Sberbank December 29, 2020 By Tatiana Voronova MOSCOW – Cyber attacks have cost Russian companies and citizens up to 3.6 trillion roubles ($49 billion) this year, the...
Google Adds Extra Scrutiny of Its Scientists’ Research on ‘Sensitive Topics’ December 23, 2020 By Paresh Dave and Jeffrey Dastin Alphabet Inc.’s Google this year moved to tighten control over its scientists’ papers by launching a “sensitive topics” review, and...
Masks Help Curb COVID-19’s Spread But May Not be Enough at Close Distances December 23, 2020 Simply wearing a face mask may not be enough to prevent the spread of COVID-19 without social distancing. In a...
COVID-19 Fuels Abandonment of Ships – and Their Cargoes and Crews December 18, 2020 By K. Oanh Ha and Bruce Stanley From the deck of their tanker, Captain Samig Nabiyev and his crew could see the smoke and fire rising over...
Hospital Charges Rise Despite Fewer Visits to Emergency Rooms December 18, 2020 By Jim Sams Auto casualty claimants are avoiding hospital emergency rooms during the COVID-19 pandemic but are generating increased hospital charges anyway, according...
Lloyd’s Moves to End Insurance and Investments in Coal for Climate Sustainability December 17, 2020 By L.S. Howard The Lloyd’s market is moving to end its insurance of coal and oil sands businesses while at the same time...
Cyber Insurers Scale Back as Ransomware Attacks Rise December 17, 2020 By Noor Zainab Hussain and Carolyn Cohn Ransomware attacks increased in terms of both severity and costs this year, forcing insurers to become more selective and even...
Global Natural and Manmade Disasters Cost Insurers US$83B in 2020: Swiss Re December 16, 2020 Insurance industry losses from natural catastrophes and man-made disasters across the globe amounted to US$83 billion in 2020, making it...
Directors & Officers Risk Landscape Shaped by Insolvencies, COVID, Activism: Allianz December 16, 2020 While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds...
Top Performing Auto Insurers During COVID and What’s Driving Customer Behavior December 16, 2020 By Tom Super Spurred by a combination of financial hardship, a decrease in miles driven and a general lack of awareness of the...