The Biden administration announced on Friday that it would investigate recent hacks linked to Lapsus$.
Author: Annie George
NASA Predicts Rising Sea Levels Could Swamp the U.S. Coastline by 2050
Sea levels are likely rising faster than previously thought, which may cause low-lying coastal cities in the United States to flood far more frequently in the coming decades.
Upcoming Special Session to Address Florida’s Chaotic Property Insurance Market
Florida lawmakers are planning a special session in December to hopefully provide relief for homeowners.
AM Best: U.S. P/C Industry Recorded a $24.3B Underwriting Loss in First 9 Months
The U.S. property/casualty (P/C) industry recorded a $24.3 billion net underwriting loss in the first nine months of 2022, nearly quadrupling the loss total recorded in the same prior year period, according to a new AM Best special report.
Hurricane Season Caps a Year of Fewer but Still-Destructive Storms
The 2022 Atlantic hurricane season ended on Wednesday featuring some of the most catastrophic storms in recent years.
Warburg Pincus to Acquire K2 Insurance Services
K2 Insurance Services today announced that Warburg Pincus has agreed to acquire the company from Lee Equity Partners.
Risk Managers Want to Play More Active Role in ESG Strategies
More than half of risk managers are actively involved in their organization’s ESG efforts, but 77% believe they should play a more active role in ESG strategy and initiatives.
Students Sue Yale University Claiming Discrimination under the ADA
Yale University was sued for allegedly violating the Americans with Disabilities Act by unfairly penalizing students suffering from mental illnesses.
Fitch Outlook Neutral on North American Life Insurers
Fitch Ratings has a neutral sector outlook for North American life insurers for 2023.
E&S Premiums Account for Larger Share of U.S. P&C Market
Premium dollars continue to flow into the U.S. excess and surplus market, which accounted for 8.7% of the country’s total P&C industry during the first half of 2022.