A Chinese-state intrusion last year of Microsoft Corp. technology that enabled hackers to gather US officials’ emails “should never have occurred,” according to a report released Tuesday from a government cyber review board.
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Emerald Bay Risk Solutions Launches with Bain Capital Backing & Ingrey as CEO
Emerald Bay Risk Solutions, a collaborative underwriting carrier, has formally launched with a significant strategic investment from Bain Capital Insurance, the dedicated insurance investing unit of Bain Capital.
Florida Gov. Desantis’ Raises Alarm by Calling Citizens Insurance ‘Not-Solvent’ As an ‘Explosive’ Hurricane Season Is Predicted
In Florida, homeowners are grappling with insurance rates that are nearly three times the national average, a situation that has prompted concerns at both the state and federal levels.
Casualty Lines Back Front and Center Amid Social Inflation Crunch
After climate risks and property inflation pushed casualty insurance to the back burner somewhat, it’s returned to being “front and center” as the sector grapples with the impacts of social inflation and rising claim sizes, according to AM Best’s head of industry research.
Gallagher Re: Buyers Able to Access Increased Reinsurance Capacity at April 1 Renewals
The FY2023 reporting season concluded in Q1 and saw many companies reporting some of the best reinsurance underwriting conditions in over 20 years, according to Gallagher Re.
Google to Purge Billions of Files Containing Personal Data in Settlement of Chrome Privacy Case
Google has agreed to purge billions of records containing personal information collected from more than 136 million people in the U.S. surfing the internet through its Chrome web browser.
AT&T Notifies Users of Data Breach and Resets Millions of Passcodes
Personal data from about 73 million current and former AT&T account holders has been leaked on the dark web, the telecom giant said Saturday.
Trump Secures $175M Bond in New York Civil Fraud Case through Knight Specialty Insurance Company
Former President Donald Trump and his co-defendants have secured a $175 million bond in their New York civil fraud case, according to a court filing.
DOXA Sees Opportunity, Growth in Hot Rental Market
DOXA Insurance Holdings today announces the acquisition of Renters Legal Liability, LLC (RLL), a specialty managing general agency (MGA) that writes renters’ legal liability products.
Aspen Boosts 4Q Profit While Cutting Exposure to D&O, Financial Lines
Aspen Insurance Holdings Ltd. posted higher fourth-quarter net income as premiums fell as the group limited its exposure to classes such as directors and officers and financial lines.