Average rate increases ease to 2.8% from first quarter’s 3% rise, with commercial property insurance showing improvement, according to Novatae’s Market Barometer.
U.S. cyber insurance premiums fell 2.3% to $7.075 billion in 2024 as pricing cuts reshape market dynamics while demand remains steady, AM Best reports.
Favorable conditions persist for buyers despite rising attack frequency, with middle market companies facing greatest vulnerability, according to Aon report.
A shortage of skilled cybersecurity professionals is exposing businesses to rising risks—and reshaping how insurers assess, price, and respond to cyber threats.
Marathon Strategies report reveals 52% increase in multi-million dollar awards, even as several states pursue legislative reforms to curb rising liability.
AI is increasingly used by traders to make fast decisions and maximize profits, but the speed of these decisions and the lack of human oversight means that the ripple effects of just a few transactions can quickly amplify and send markets into a tailspin.
A deeper dive into the 2020 AC Transit data breach demonstrates how organizations facing cyberattack can come back stronger, with resilience at the fore.
As cyber threats evolve with AI and geopolitical tensions, insurers face unprecedented challenges in protecting organizations worldwide, Munich Re reports.