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Since 2020, when the average total cost of a data breach was $3.86 million, the average total cost has increased 15.3%.
In addition to the periodic renewal time, there are several events that should compel business owners to update insurance.
The Court expressly noted that excess insurers are free to write policies in a way that requires horizontal exhaustion.
Eligible associates will be provided 60-day formal notice, company says.
Scammers allegedly used a spoofed email to masquerade as a law firm and steal settlement money.
More U.S. farmers are uninsured now because government crop insurance doesn't support regenerative farming.
Insurance agents and brokers underscore their value when they uncover hidden savings for their clients.
MGAs and TPAs must now enhance their compliance frameworks, operational processes and cybersecurity.
The company is among industry leaders ready to assist as agents and brokers navigate emerging tech tools.
American Mobile Insurance Exchange reportedly made the move due to its deteriorating financial conditions.