According to a new Pillsbury report titled Cybersecurity: Confidence or Crisis?, many businesses are unprepared for the data protection challenges that lie ahead.
Author: Annie George
Markel Reports 2022 3Q Results
Markel Corporation today reported its financial results for the third quarter of 2022.
Teva Will Pay New York $500M for Role in Opioid Crisis
Teva Pharmaceuticals will pay up to $523 million to New York to settle claims stemming from the company’s role in the opioid crisis.
Women Attain About 75% of Men’s Wealth at Retirement: Global Study
On average women are expected to reach retirement with just 74% of the wealth accumulated by men.
Cyber Premiums Grew 61% as Threats Rose in 2021: NAIC Report
A recent NAIC report shows a cybersecurity insurance market worth approximately $6.5 billion, a 61% increase over the previous year.
Judge Rules Against Harvard University in Zurich Insurance Case
A federal judge ruled on Wednesday that Harvard University waited too long to ask an insurer to cover up to $15 million of its expenses from defending its race-conscious admissions policies.
AIG CEO Zaffino: Insurers Are Looking at a $60B Hit from Hurricane Ian
Hurricane Ian could cost insurers up to $60 billion, according to AIG CEO Peter Zaffino.
Allstate Reports 3Q Net Loss of $694 Million
Allstate has reported a net loss of $694 million for the third quarter of 2022 due in part to underwriting losses and equity valuation declines.
SageSure Announces Innovative Private Flood Insurance in Texas
SageSure announced the introduction of a new admitted, proprietary residential flood program, initially available in Texas.
U.S. Banks Processed About $1.2B in Ransomware Payments in 2021
U.S. banks and financial institutions processed roughly $1.2 billion in likely ransomware payments in 2021.