Cyber crime insurers largely avoided costly claims from the recent attacks that hit businesses around the globe. The next global virus could change that.
Greco is stepping up cost cuts as ultra-low interest rates chip away at investment income and below-average catastrophe claims keep prices for property and casualty insurance on hold.
A federal district court judge certified a class of plaintiffs in an ongoing suit against State Farm, now facing claims for more than $7.6 billion in damages.