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Insurers may believe they are protected from cyber attacks by guarding against external threats, but glaring internal risks remain if a carrier does not implement a layered approach to security that includes educating employees about how to recognize and avoid attacks.

Insurers may believe they are protected from cyber attacks by guarding against external threats, but glaring internal risks remain if a carrier does not implement a layered approach to security that includes educating employees about how to recognize and avoid attacks.

Property and casualty insurers results improved sharply in 2013s first half compared to the same time a year ago, and the industry remains financially strong, but economic pressures mean carriers must achieve stronger underwriting results than in the past to remain profitable, a new analysis shows.

A month before its annual meeting in Boston, the Property Casualty Insurers Association of America has lost a key member from the same city.

A month before its annual meeting in Boston, the Property Casualty Insurers Association of America has lost a key member from the same city.

Residential policies need to be simplified because customers are confused about what their policies protect, said Benjamin Lawsky, superintendent of New Yorks Department of Financial Services, in an exclusive interview with Bloomberg.

Residential policies need to be simplified because customers are confused about what their policies protect, said Benjamin Lawsky, superintendent of New Yorks Department of Financial Services, in an exclusive interview with Bloomberg.

The federal government is in a partial shutdown, and while essential functions are operating, certain areas such as national parks are completely closed. These events pose varied risks for businesses and a variety of insurance and other risk mitigation products may cover some losses.