Commercial Lines

Companies will have to report cyber incidents within four days of determining they're material.

According to a complaint filed in the Northern District of California federal court, an insurance company must pay for his legal defense "without regard to whether payments may exhaust the policy limit."

Bill Johnson, CEO of The Liberty Company Insurance Brokers, is a former film producer. He discusses the economic impact of concurrent strikes by writers and actors.

The top reasons drivers lose their heads include heavy traffic, already feeling stressed or angry, running late and feeling tired.

The decision could have wide-ranging implications for insurance disputes — even those on land.

The first half of the year also saw cyber insurance claims ticked up 12%, driven by an increase in ransomware and funds transfer fraud.