Bigger Ships are Causing Greater Supply Chain Risks
Severely disruptive events often expose previously unseen or underappreciated vulnerabilities. Add to the list how the trend toward increasingly mammoth vessels is making global supply chains even more fragile.
Insurance Agency M&As Up 13% Thus Far in 2021
There were 553 announced insurance agency mergers and acquisitions during the first three quarters of 2021, up from 490 in 2020, According to an OPTIS Partners' M&A report, that was the highest recorded total for this period.
Lessons from the Pandemic for Event Cancellation Coverages
Event cancellation insurance has been one of the most impacted by the pandemic — and the event insurance market is changing fast.
What Insurance Agents Need to Know About the Future of Work
Liberty Mutual and Safeco Insurance recently released “The Agent's Guide to the Future of Work" e-book that offers insights and advice on hiring talent, creating great agency cultures and building the next generation of insurance leaders.
Unvaccinated Employees Risk Job Losses as Employer Mandates Take Effect
Thousands of unvaccinated workers across the United States are facing potential job losses as a growing number of states, cities and private companies start to enforce mandates for inoculation against COVID-19.
Why the Pressure is on Directors and Officers Over Cyber
Cyber risk has taken center stage with the shift to remote working models last year, with cyber criminals taking advantage of the vulnerabilities that continue to grow within a business's spaced-out digital infrastructure.
Cyber Criminals Target "Low-Hanging Fruit" In Agribusiness
The world's largest meat processing company, Brazil-based JBS SA, fell prey to a ransomware attack in May 2021, where hackers paralyzed the servers supporting the food giant's operations in North America and Australia.
Allianz Warns of Cyber Pandemic Driven by Ransomware
Cyber intrusion activity worldwide jumped by 125% in the first half of 2021 compared to the same period in 2020, according to Accenture, with ransomware and extortion operations one of the major contributors behind this increase.
Insurer Justified in Denying Coverage in Uninsured Motorist Case
The U.S. Court of Appeals for the 10th Circuit found Progressive Northern Insurance Co. didn't breach the duty of good faith in denying an uninsured motorist (UM) coverage.
New York Directs Two Cryptocurrency Lending Platforms to Cease Activity
Two cryptocurrency lending platforms were asked to cease activities in New York by the state's attorney general on Monday and three other platforms were directed to provide information about their business.