Risk
Zurich, Marsh McLennan Call for Public Partnerships to Close Cyber Gaps
A new report from Marsh McLennan and Zurich titled "Closing the cyber risk protection gap" is calling for a closer collaboration between the insurance industry and the public sector as cyber ...
NICB, CPB Partner to Stop Export of Stolen Vehicles
With new vehicle theft trends emerging, including the rise of stolen vehicles being exported out of the United States, the National Insurance Crime Bureau (NICB), a not-for-profit organization aimed ...New York State Law Mandates Panic Buttons for Large Retailers
New York Governor Kathy Hochul on Thursday signed a new law requiring retailers to boost safety protections for store workers, including requiring major chains to add panic buttons in all New York ...
No Enforcement of Business-Created California Gig Worker Law
Nearly four years after California voters approved better wages and health benefits for ride-hailing drivers and delivery workers, no one is actually ensuring they are provided, according to state ...
What Happened to the Hurricanes? CSU Forecasts September ‘Quiet Period’
The first two weeks of September are expected to be quiet for Atlantic hurricane activity, according to experts at Colorado State University. The CSU Tropical Meteorology Project, which has been ...
Climate Losses Batter Insurers While Reinsurers Step Back
As the planet warms and more natural disasters occur, insurers are facing an increasingly difficult time. In 2023, for the fourth year in a row, global insured catastrophe losses exceeded $100 ...
Risks Too Big for Insurers Just Fed a $200B Market Boom in Captives
As the market for in-house insurance surpasses a record $200 billion, the underlying reasons for that boom show how a hotter, less stable planet is redrawing the risk map for corporations. Captive ...
As Traffic Deaths Remain High, U.S. DOT Awards $1B for Road Safety Projects
The U.S. Transportation Department said on Thursday it is awarding $1 billion for a series of projects aimed at reducing traffic crashes, as road deaths remain sharply higher than pre-pandemic ...