Cyberattack Surge Creates Opportunity, Premium Rethink for Insurers May 28, 2025 By Maggie Shiltagh and ChloƩ Meley A recent surge in high-profile cyberattacks is offering an opportunity for insurers to cash in from a rapidly expanding market...
Boy Scouts Secure $800M From Chubb For Sex Abuse Settlements December 14, 2021 One of the Boy Scouts of America’s primary insurers, Chubb Ltd unit Century Indemnity Co., said on Monday it will...
Boy Scouts Insurance Fight Complicates Deal to Pay Victims August 31, 2021 By Steven Church A dispute over whether a unit of insurance giant Chubb Ltd. must contribute to a trust fund for sexually abused...
Cyber Insurance Rates Fail to Match Catastrophe Risk-Chubb CEO July 30, 2021 Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack,...
Insurer Chubb Offers to Acquire Rival Hartford for $23.24 Billion March 19, 2021 Property and casualty insurer Chubb Ltd on Thursday offered to acquire smaller rival Hartford Financial Services Group Inc in a...
Businesses Call On U.S. Insurers to Ditch Fossil Fuel Underwriting September 18, 2020 By Noor Zainab Hussain A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in...
Insurers’ Coronavirus Costs Are Less Than Feared So Far August 12, 2020 By Alwyn Scott The coronavirus pandemic dealt a relatively modest $2.5 billion blow to five insurers with large U.S. operations in the second...
Insurers Want Taxpayers to Back Pandemic Coverage For Businesses April 29, 2020 By Suzanne Barlyn The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government that would help...
Cognizant Hit by ‘Maze’ Ransomware Attack April 20, 2020 By Shubham Kalia Cognizant Technology Solutions Corp on Saturday said it was hit by a “Maze” ransomware cyber attack, resulting in service disruptions...
Zurich Insurance Sees Best Chance to Raise Prices in 18 Years January 13, 2020 By Patrick Winters Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...