Insurance

Budgets and insurance policy costs have increased exponentially despite doubts surrounding efficacy of cyber practices, according to a recent survey gauging cybersecurity practices among global debt issuers conducted by Moody’s Investors Service. Increased C-suite focus on cyber risk has led …

The Philippines’ state health insurer didn’t have cyber protection software when hackers attacked its computers, giving criminals access to the data of millions of its citizens and triggering calls for an extensive cybersecurity audit. While the full extent of the …

New data from Chubb and the National Center for the Middle Market shows nearly 75% of middle-market companies report an improvement in overall performance compared to last year — a record high statistic shared in the insurer’s biannual Middle Market …

Britain’s Labour party has held back the launch of a new business council after senior Conservatives intervened with financial services companies that were due to take part. Chancellor of the Exchequer Jeremy Hunt spoke to at least one business about …

Data and technology are becoming more important to the cannabis market as it matures, and insurance professionals specializing in the segment would benefit from keeping that at top of mind. A group of experts gathered during Insurance Journal’s Insuring Cannabis …

A notorious group of hackers blamed for recent breaches on major casino companies is also suspected of being behind a recent cyberattack against Clorox Co. that has led to a nationwide shortage of its cleaning products. Officials suspect that “Scattered …

The UK just moved a step closer to requiring companies to provide detailed statements on future carbon emissions reductions that will include both their operations and supply chains. The Transition Plan Taskforce, an initiative started by the UK Treasury and …

Two areas in Florida have become hot spots for home buying and building, one of them due to higher insurance costs in the rest of the state, according to news and insurance agency reports. Ocala, in the central part of …

A Pennsylvania chocolate factory was fined more than $44,000 by the federal workplace safety agency on Thursday for failing to evacuate before a natural gas explosion that killed seven people. R.M. Palmer Co. did not heed warnings from employees about …

Hastings Mutual Insurance Company has submitted a Plan of Reorganization with the Michigan Department of Insurance and Financial Services seeking approval to restructure into a mutual holding company structure. HMIC plans to complete the following stops: HMIC will form Hastings …