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Although they hold a small market share of less than 1%, E&S lines are crucial for the state's insurance market.
Insurance premiums are expected to surge 7.1% as the economic recovery and hard market increase exposures and rates.
Single point of failure incidents and supply chain attacks underscore the need to truly gauge the end-to-end cyber risks of an organization and its vendors.
Commercial risks posed by deepfakes span reputational damage, lost revenues, business interruption, extra expenses and drops in share prices.
As an alternative to fossil fuels, hydrogen has the potential to morph from a niche power source into a big business.
While misses and mistakes can destroy an organization, they can also help uncover opportunities.
Green energy projects have diverse risks that need bond insurance, ranging from payment and performance to construction.
The lingering impact of COVID will carry a litany of challenges, with cybersecurity issues running across many of them.
Overall, the global insurance industry is expected to reach $7.5 trillion by the end of the forecast period.
Consumers show satisfaction with automation, but the personal touch remains vital to keeping policyholders happy.