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The number of victims of cyber extortion in the first three quarters of 2023 is already 33% higher than all of last year.

The company offered insurance and took on risk, violating rules governing non-resident entities, a spokesperson International Registries, Inc said.

The U.S. surplus lines market has seen double-digit growth in recent years for a reason: It's a reliable solution.

The committee asked whether Citizens has contemplated requesting a federal bailout in the event of being unable to cover its claims.

The bond protects Axis and its subsidiaries against systemic cyber shocks over a two-year period starting in January.

Challenges specific to P&C commercial programs require a higher degree of understanding and expertise.

The federal maps are static and only periodically updated by the Federal Emergency Management Agency.

The U.S. has experienced a record-high 25 disasters this year that have generated at least $1 billion in damages each.