The overall P/C insurance industry forecast for 2023 is optimistic due to the continued introduction of technology and the digitalization of the insurance process.
Author: Annie George
Hackers Stole Customer Passwords, Sensitive Data from LastPass
LastPass, a password management service, announced last week that hackers stole encrypted copies of customer passwords and other sensitive data.
VGM Insurance Services Launches Proprietary Workers’ Compensation Program
The new offering provides organizations in the allied healthcare field with an easy, competitively priced solution to protect their employees and their business.
SEC Cracking Down on Crypto Firms
The SEC is just getting started with its crackdown on crypto firms that refuse to abide by its rules.
Winter Storm Expected to Drive Multi-Billion Reinsured Loss
Global insurers and reinsurers look set to incur costs stretching into the multi-billion-dollar range from the ongoing winter storm and severe cold weather impacting the United States and Canada.
Florida Condo Owners Brace for New Inspection, Reserve Requirements
Condo owners in Florida, already getting squeezed by increasing insurance costs, also might get hit soon by higher monthly fees from new state regulations on structural inspections and reserve funds.
Louisiana Insurance Bailout Fund Crippled by Lawsuits, Claims
The safety net that is LIGA was created for the rare instances when an insurer is bankrupted. But the size and frequency of the failures over the last two years have stretched LIGA to its limits.
Infowars Host’s Motion to Set Aside Sandy Hook Verdict Denied
A Connecticut judge denied Alex Jones’ motion seeking a new trial.
Facebook Parent Meta to Settle Cambridge Analytica Case for $725M
Facebook parent Meta has agreed to pay $725 million to settle a class action lawsuit.
Nike Lawsuit Records Allege Culture of Sexism & Bullying
A long-running sexual harassment and gender discrimination lawsuit against Nike has produced more than 5,000 pages of records.