Despite pleas from the feds not to pay, UnitedHealth admitted it paid threat actors to "protect patient data."
Hacktivist groups and an increase in DNS water torture attacks drove a significant spike in DDoS attacks in 2023's second half.
Additionally, RIMS inducted Tata Consumer Products' Mrunal Pandit to its Risk Management Honor Roll.
Philanthropic insurance news from The Independence Hub, RIMS.
The latest insurance industry personnel news from Nexus Group, atNorth, Cytora and more.
A customer-centered approach with simpler terminology may boost add-on policy sales.
Despite the current hard-market challenges, now may be the perfect time to become an independent insurance agent.
Market Insights
Email is where most cyber insurance claims originate
Overall cyber claims frequency increased 13% in 2023, while claims severity increased 10%, according to Coalition, Inc.
Slideshow
The most common road rage behaviors
Citations for road rage, such as reckless driving, can increase insurance premiums by 51%.
Homesite Insurance paid the homeowners $691,305.12 under the terms of their insurance policy, according to the complaint.
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