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Two-thirds of cyber events are the fault of third-party businesses that outsource services for the victim, showing that business interruption no longer solely concerns physical assets susceptible to natural catastrophes and other disasters.

Telematics devices are helping to reduce accidents and remove unsafe drivers from commercial-auto fleets, but effectively incorporating all of the new data into underwriting is a process still in its infancy, say insurance executives.

In recent years, energy disasters such as the San Bruno Pipeline Explosion from September 2010 and Deepwater Horizon Oil Spill from April 2010 have had a major impact not only on the environment, but on consumers, businesses, and the insurance industry as well. Heres a look at 8 of the...

Accenture announces the availability of Accenture Duck Creek Policy Administration release 5.1, the latest version of its policy administration and rating software platform and a key component of its software suite for property & casualty insurers.

Accenture announces the availability of Accenture Duck Creek Policy Administration release 5.1, the latest version of its policy administration and rating software platform and a key component of its software suite for property & casualty insurers.

New York Citys demography and geography are perfect for maximum destruction during a hurricane. And it doesnt have to be a major hurricane.

As the world becomes increasingly precarious, new risks have either not been addressed or have been excluded by the industry, says insurance industry legend Patrick G. Ryan.

Competition is overcoming a need for rate increases and policy tightening among providers of directors and officers policies for private companies and nonprofits.