Cybersecurity

Insurance agents provide a valuable service when they help their high-net-worth clients conduct comprehensive security assessments with these five key elements.

Fraud accounts for 5% to 10% of claims costs for U.S. and Canadian insurers.

The core systems replacement cycle is speeding up. Twenty years ago, you might have to go through the implementation of a new core system once, maybe twice. Technology and the speed of business that it enables is changing that.

N.Y. judge rules the losses a company suffered when an imposter tricked its accounts payable department into wiring money are covered by computer fraud provisions in its insurance policy.

There remains a sizable gray area around whether losses caused by a truly catastrophic cyber event would be covered and under what policy.

There are three major forces disrupting what is currently a $247 billion premium auto insurance marketplace.