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The latest people news in the industry today.
Cyber incidents emerge as the top cause of IT downtime and data loss for U.K. businesses, underscoring the urgent need for robust cybersecurity measures, a survey by Databarracks finds.
Insurance struggles to attract young talent as a new survey reveals significant perception gaps in career aspirations and industry realities.
Employers are embracing innovative strategies beyond traditional cost-shifting to tackle rising health care costs while supporting employee well-being, a WTW survey finds.
Generative AI scams are becoming increasingly sophisticated, leaving small businesses vulnerable to financial and reputational damage, a Nationwide survey finds.
Despite potential headwinds, more stable rates and competition keep pricing favorable for commercial insurance buyers, Lockton reports.
Cyber threats top the list of business concerns for a fourth time in the 2024 Travelers Risk Index, as a record 62% of U.S. companies cited worries about cyber risks.
Compromised user data, market listings, and outgoing traffic on the dark web significantly increase an organization’s risk of cyberattacks, Marsh report shows.
Sustained profitability and declining claims frequency drive workers’ comp outperformance, boosting the overall P&C insurance industry, according to a new report from AM Best.
Rebounding from a $24 billion loss, the U.S. property & casualty insurance industry posted a $3.8 billion net underwriting gain in H1 2024.
Fitch Ratings report suggests workers’ comp insurance may see declining reserve strength after nine years of underwriting profits.
Berven says Nationwide takes long-term view on improving property resilience, preventing losses.
Outdated tech and AI innovations pose increasing risks for global businesses, while cyber concerns decline despite evolving threats, a Beazley report finds.
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