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Companies with weak or non-existent cybersecurity are easy targets for hackers.
Rapid technology adoption, new business models and the demand for simple digital experiences are accelerating change in insurance.
If attackers are intent on causing damage beyond stealing information, then cyber insurance claims can spill into property-casualty claims.
Not all recent insurance litigation is related to COVID-19. Disaster recovery and auto insurance claims are also in the mix.
Cyber insurance has become more expensive and harder to get, yet it's more necessary than ever.
The law allows products to contain no more than 5 mg of THC per serving, which is about half of the standard dose of recreational marijuana products.
In response to SCOTUS overturning the federal right to abortion, businesses are advised to reevaluate their employee records.
Social inflation generally describes verdicts that exceed $10 million but can apply to any unreasonably large award given the facts of a case.
Just-in-time manufacturing saved money until the pandemic shut down global manufacturing efforts.
According to an S&P report, inflation could send the P&C industry to its first unprofitable year from an underwriting standpoint since 2017.