A New York ruling highlights the heavy burden on employers to prove intoxication was the sole cause of a workplace accident to deny workers’ comp coverage.
Insurers globally are racing to adopt generative AI, but they must address a disconnect between their priorities and customer expectations for use of AI, an IBM report concludes.
Insurers faced mounting losses from frequent severe storms and floods in the first nine months of 2024, despite overall losses below average, according to Gallagher Re’s Nat Cat Report.
Cyber insurance claims severity surged 14% in H1 2024 as ransomware and business email compromise attacks targeted businesses of all sizes, according to Coalition.
Allianz Commercial’s cyber risk outlook reveals a surge in data privacy breach incidents, fueled by ransomware attacks and driving class action litigation.
Commercial insurance rates continue to see modest increases in 3Q, but hurricane season may lead to potentially significant losses, MarketScout reports.
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.
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.
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.