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Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
Around 40% of small business owners believe a cyberattack would cost less than $1,000 and fewer than three months to recover from.
The fraud ring, which included owners of litigation-funding companies, attempted to defraud insurance companies of more than $31 million.
S&P Global Ratings reported that the insurance industry should be able to manage insured losses.
The early estimates come as Ian is expected to move into the Carolinas and cause further havoc up the east coast.
Growing replacement costs and the frequency of severe weather are driving up the average annual total, according to Verisk.
Review the commonalities shared by technology that has lasting power.
Nearly 60% of business leaders think it is inevitable that their organization will be hit by a cyberattack.
Quantum computing, deeper AI and omnichannel CX were among the threads running throughout the insurtech conference.
AM Best anticipates carriers will be able to manage losses in Puerto Rico and the Dominican Republic stemming from Fiona.
Aon's Chief Wellbeing Officer details the business benefits of these programs and how agencies and brokers can develop their own plans.