Report: Impact of BEC Attacks on U.S. Companies Misunderstood July 15, 2024 A new report asserts the impact of business email compromise incidents on U.S. companies is likely underestimated and misunderstood—and it...
Insurers See Minimal Impact From Hurricane Beryl, but They’re Bracing for an Active Season July 12, 2024 By Ezra Amacher Insurers’ losses from Hurricane Beryl will be “low and readily absorbed” and the storm is not expected to change pricing...
Damage From Hurricane Beryl May Cost Insurers $2.7B in U.S., Modeler Says July 11, 2024 By Noor Zainab Hussain Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
The Biggest Cargo Claims Challenges This Year July 10, 2024 By Justin Murphy Cargo claims are an inevitable part of the shipping industry, but the challenges associated with these claims are getting both...
Economic Loss in U.S. From Beryl Between $28B and $32B, Report Shows July 9, 2024 Total damage and economic loss from Hurricane Beryl in the U.S. is expected to be between $28 and $32 billion,...
Houston Set for Dangerous Heat as Power Outages Top 2 Million July 9, 2024 By Millie Munshi Houston is set for a dangerous bout of heat as more than 2 million homes and businesses remain without power...
Underground Climate Change: Property Insurance Coverage for an Emerging Risk July 9, 2024 By Dennis J. Artese, Ethan W. Middlebrooks and Thomas Dupont Heat emanating from basements, train tunnels, sewers and other underground systems in major metropolises in the U.S. and Europe is...
Report: Insured Losses from Beryl in Jamaica and Caymans $400M-$700M; Mexico’s Yucatan Less Than $1B July 5, 2024 Insurable losses from Hurricane Beryl across Jamaica and the Cayman Islands will be between $400 million and $700 million, while...
Crypto Hacking Thefts Double to $1.4B in First Half of 2024, Researchers Say July 5, 2024 By Elizabeth Howcroft The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a...
State Farm Seeking Large Rate Increases in Wildfire-Prone California July 3, 2024 By Don Jergler and Chad Hemenway State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7%...