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Less than one-quarter of employees indicated they feel completely educated and trained on AI.
Jason Hart, head of Proactive Cyber with the specialty insurer CFC, is on a mission to simplify cyber insurance.
EBITDA stands for "earnings before interest, taxes, depreciation and amortization."
This week's update includes insurance industry news from Moody's Corporation, Erthos, Computershare and more.
MarketWatch: U.S. homeowners pay an average of 11.5% more for home insurance than they did two years ago.
High-exposure claims related to hurricanes continue to stretch the industry's resources.
Policyholders react to more restrictive wording and higher premiums in response to depressed carrier profits.
Early 2024 was characterized by an uptick in non-traditional CAT activity, including numerous convective storms.
Threats to today's banking and finance organizations range from old-fashioned to futuristic.
Name That Storm: 'These events... had significant economic effects on the areas impacted,' NOAA reports.