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Reinsurance, which is essentially insurance for insurers, helps drive the catastrophe-prone Florida insurance system.
Cyber, business interruption and critical infrastructure failures rank as top industry perils facing the sector.
Also on the rise: Triple extortion schemes in which cyber criminals exploit multiple ransoms from a single target.
One suggestion: Shift focus from being an industry that primarily detects and repairs to one that predicts and prevents.
By 2030, insurance premiums on top decarbonization technologies and renewables could reach $10 billion to $15 billion.
Many of the questions policyholders take to their insurer or agent lend themselves to automated self-service.
Small business owners now want customized, adjustable policies and enhanced risk-management services.
Here are five questions to help determine if your company needs cyber coverage.
In total, insurance companies in the private flood market wrote $30.4 million in premiums last year.
Surety bonds are vital to the construction industry and can be a profit center for insurance agencies.
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