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This is a first step toward a broader effort to curb ransom payments to hackers.
Having accurate, up-to-date geolocation data is more critical than ever as property risk shifts to reflect a changing climate.
The policy stated that damage to property would be covered if the total cost of the destruction exceeded the deductible.
Insurers that fail to cook up the right recipe for applying data and analytics to their business will find themselves playing catchup.
Multiple types of insurance may cover liabilities arising from climate change cases, but the focus of coverage battles to date is on current and historic general liability policies.
Companies will have to report cyber incidents within four days of determining they're material.
The decision could have wide-ranging implications for insurance disputes — even those on land.
Leading Light: Insurance Luminaries set a high bar. Here are the Class of 2023 honorees for Technology Innovation. (Part 1 of 5)
Reinsurance allows a primary carrier to pass, or cede, a portion of its liabilities onto another company.
The latest insurance industry personnel news from CSAA Insurance Group, atNorth, Kennedys and more.
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