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While the NFIP was established in 1968, interest in such a program stretches back much further.
This is a first step toward a broader effort to curb ransom payments to hackers.
Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.
The top reasons drivers lose their heads include heavy traffic, already feeling stressed or angry, running late and feeling tired.
Reinsurance allows a primary carrier to pass, or cede, a portion of its liabilities onto another company.
The law will require companies to report cyber incidents within 72 hours and flag paying a ransom within 24 hours.
Three strip clubs sought coverage for a state-court judgment from Princeton Excess and Surplus Lines Insurance Company.
Insurance industry news from ACORD, SIAA, Burns & Wilcox and more.
Verisk reports that severe thunderstorms have accounted for more than 70% of insured losses in 2023 so far.