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Shifting demographics in auto policy shopping are likely to become the norm, says LexisNexis.
According to LexisNexis, drivers age 66+ had the highest rates of new auto policy growth in Q1 2023.
The cyber insurance market is stabilizing thanks to improved insured behaviors, higher pricing, judicious limits and more.
Around one-third of risk management experts say cyber is the biggest risk. Business interruption followed closely behind.
According to a report from Allianz, D&O insurance underwriters are keeping an eye on litigation concerning expanding cyber threats and ESG liabilities in 2023.
Cyber risks are constantly evolving as hackers find easier and more lucrative attack vectors.
Around half of startup founders report being pressured to invest in cyber insurance by their investors, board members or both.
Chubb study finds that more consumers are taking steps to thwart cyberattacks but it may not be enough to fully shield them.
A shortage of vehicles and growing claims costs are shaking up the sector, according to LexisNexis.
Research indicates younger motorists and riskier drivers are becoming increasingly more active insurance shoppers.
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