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This claim payout is speedy but will cover only a sliver of the event's cleanup and rebuilding costs.

The latest insurance industry personnel news from Liberty Company, McGill and Partners, Leif Assurance and more.

Legacy technology at Change Healthcare was missing multifactor authentication, giving cybercriminals an easy way in.

For now, the onus is on insurers and insurtech companies to ensure AI does not cross ethical boundaries.

CoreLogic estimates that more than 7,000 homes and businesses may have been damaged or destroyed in these storms.

The court determined that letters contesting liability must be delivered, not just mailed, within 28 days.

The rule, which goes into effect in 2029, is expected to save at least 360 lives and prevent at least 24,000 injuries annually.

No business is too small to fall victim to cybercriminals, says Sam Shay of Socotra.