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.
Outdated tech and AI innovations pose increasing risks for global businesses, while cyber concerns decline despite evolving threats, a Beazley report finds.