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| Today's Headlines | June 29, 2022 |
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The cyber insurance market is in the midst of a reckoning after years of low premiums and inadequate loss control have led to increasing claims frequency and severity. Now, demand for coverage is exploding―driven largely by a surge of ransomware attacks and social engineering incidents―while carriers tighten up their underwriting requirements and question if cyber... read more | | |
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The cost of buying insurance protection against mass shootings has spiked more than 10 percent in the United States this year following a string of deadly events, insurers said. The United States witnessed 293 mass shootings so far this year, according to a report by the Gun Violence Archive that defines them as any event... read more | | |
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A family-owned printing and mailing house is suffering through some daunting challenges. Paper is in short supply. Like many industries, supply chains have been inconsistent since the start of the pandemic. When the paper is available, they don't have enough people to work at capacity ... read more | | |
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In February 2019, a large container ship sailing for New York identified a cyber intrusion on board that startled the U.S. Coast Guard. Though the malware attack never controlled the vessel's movement, authorities concluded that weak defenses exposed critical functions to "significant vulnerabilities." A maritime disaster didn't happen that day, but a warning flare rose... read more | | |
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Hippo Insurance Services announced the expansion of its mortgage partner channel, as well as availability of its home insurance products in Massachusetts. Hippo assists loan originator and servicer partner's customers with purchasing home insurance. Customers receive tailored, purchase-ready insurance quotes and can complete the purchase process with Hippo in as little as four minutes, according... read more | | |
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The quality of vehicles sold in the United States fell to a 36-year low in 2022, according to automotive consultant J.D. Power, as labor shortages and supply snags continued to impact automakers. Major automakers have been struggling to deal with supply chain disruptions and a shortage of workers in their plants since the onset of... read more | | |
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Specialist global insurer Hiscox has appointed Stéphane Flaquet as the group's chief operating officer, effective Sept. 1, 2022 and subject to regulatory consents. Flaquet has been with Hiscox since 2010 and held a number of senior roles across the group. He initially joined Hiscox as chief operating officer for Hiscox Europe, before moving on to... read more | | |
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| | Leading insurers are already implementing digital engagement solutions for ... read more | |
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| | The Property and Casualty (P&C) insurance industry is being dramatically ... read more | |
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| | Analyzing data from 8,520 consumers, this new report from GIACT (a Refinitiv ... read more | |
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| | Based upon Utica First's own implementation experience, VP of Operations, ... read more | |
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| | Utica First Insurance transformed agency engagement with innovative ... read more | |
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