US auto insurers are racing to increase premium rates as they seek to offset historically poor underwriting results. The year-to-date nationwide average increase for private auto insurance is 32% in ...
Cyber threat actors’ tactics, techniques, and procedures (TTPs) are constantly evolving, exposing cyber insurers to an ever-changing loss mix. Annual insured losses surged from under $100 mn pre-2017 ...
Coalition, the cyber insurance specialist known for its “Active Insurance” model, has entered the French market with the launch of its Active Cyber Insurance product. The cyber coverage will be ...
State Farm Insurance Co. is under fire in federal court over claims it denied or canceled policies using what the plaintiffs call “cheat-and-defeat AI algorithms.” The lawsuit, filed in the U.S.
The European insurance sector’s risks remain stable at medium levels, with some vulnerabilities linked to market volatility and fluctuating real estate prices, according to EIOPA’s Insurance Risk ...
Global growth is decelerating as US tariff policy reduces trade and heightens uncertainty. Consumers and firms have likely already begun cutting spending and investments in response to the uncertainty ...
Norwegian’s startup and venture capital landscape in 2025 reflects both resilience and transformation, driven by global capital flows and the country’s strong tradition of innovation. Norway has more ...
Liam McGuinty is an experienced leader in corporate strategy, public policy, and stakeholder engagement. He has been with the Insurance Bureau of Canada for over eight years, contributing to its ...
Marsh McLennan appointed of Kelly Butler as UK Cyber Leader effective October 2023. Ms. Butler will be based in London and report to Beth Thurston, CEO, UK Financial & Professional Lines (FINPRO). Ms.
Canadian life insurance new annualized premium rose 13% year over year to C$508 mn in the first quarter of 2025, according to LIMRA’s Individual Life Insurance Sales Survey. Permanent life insurance ...
The New York Department of Financial Services hit eight auto insurers and agencies with more than $19 mn in fines after finding inadequate cybersecurity controls that exposed consumer data through ...
Insurtech Socotra, the modern core platform for innovative insurers, wants insurers to stop waiting months to test product ideas. The insurtech company’s new tool, Agentic Configuration, lets business ...