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As this type of litigation continues to evolve, insurance companies are keeping close tabs on the situation.

The renters insurance market was worth around $4.5 billion in 2023.

The average coverage gap was 350%, meaning more than three-quarters of the cyberattack was not covered.

The average cost of insuring a U.S. home last year was $1,905 — 50% higher than 2019.

Outdated equipment and open networks make operational technologies at industrial complexes susceptible to cyberattacks.

While the number of events was up, the total number of units recalled saw a 50% decrease compared with 2022, Sedgwick reports.

A fire can close a facility for much longer than previously expected due to ongoing supply chain issues stemming from the pandemic.

Wearable technology is transforming workplace safety and productivity, offering real-time monitoring and proactive solutions for today's organizations.