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Insurance industry news from NEXT Insurance, NFP, Coalition and more.
Non-tornadic gusts such as straight-line winds and derechos are occurring five times more frequently.
In 2023, the average data breach costs $4.45 million worldwide, an increase of 2% compared to 2022.
Cat bonds are rising in popularity as their returns trounce those of virtually all other debt markets.
It's time for commercial insurance to upgrade its embedded strategy and expand beyond affinity partnerships.
The state has shortened the application review timeline for captives, among other changes.
Insurers under a new plan have agreed to write at least 85% of their California market share in high-risk zones.
This is a first step toward a broader effort to curb ransom payments to hackers.
Cities around the world have seen record rainfall 139 times in 2023.
As society shifts, so too should insurance options. (Part 5 of 5)
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