Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley... Read More
U.S. Severe Storms Continue to Drive Global Natural Disaster Losses: Gallagher Re U.S. severe convective storms continued to drive global natural catastrophe losses during the first half of 2024. Of the estimated... Read More
AT&T February Wireless Outage Blocked More Than 92M Calls, Agency Says A nationwide AT&T wireless outage in February that lasted over 12 hours blocked more than 92 million voice calls and... Read More
Insurers Face Business Interruption Claims After Global Tech Outage Insurers could face a raft of business interruption claims after a worldwide tech outage crippled industries from travel to finance... Read More
Global IT Collapse Puts Cyber Firm CrowdStrike in Spotlight Behind a massive IT failure that grounded flights, upended markets and disrupted corporations around the world is one cybersecurity company:... Read More
Study Urges Rethinking of Disaster Management in Era of Compounding Events A new report warns that compounding natural disasters introduce new, interconnected, and complex risk scenarios — and points to a... Read More
Hard Market Conditions Expected to Ease in 2025 as Claims Inflation Softens: Swiss Re Hard market conditions in the global non-life insurance sector will continue this year, but will begin to ease in 2025,... Read More
Expert Viewpoints The Problem(s) With Hail Claims – Part 3 Read the first part in this series, The Problem(s) With Hail Claims, Part 1: A Cautionary Tale for Insureds and... Read More
Amazon Worker Injured Due to Repetitive Tasks Loses Workers’ Compensation Bid An Amazon distribution center worker in Virginia whose job entailed repetitive lifting and stowing of items all day and who... Read More
Hurricane Beryl Caused $2.5-$4.5B in Estimated Insured Losses, Says Moody’s U.S. insured losses from Hurricane Beryl will likely fall between $2.5 billion to $4.5 billion, according to estimates by Moody’s... Read More