Intel

Key Takeaways Rate trends are diverging across the Property & Casualty (P&C) marketplace, with rapidly decelerating Property pricing and continued moderation in most Liability lines. Property market conditions continue to improve, supported by recent mild catastrophe activity and favorable outcomes from the July 1 reinsurance renewals, although pricing and capacity remain highly sensitive to regional weather patterns and future catastrophic events. …

In our recent Q3 P&C Market Outlook webinar, Ryan Ascenzo, Senior Broker, Professional Liability, Burns & Wilcox, Brokerage Division, New York, New York, discussed how AI is influencing emerging cyber exposures and what that could mean for Cyber Insurance going forward. Watch a highlight from the discussion below. https://vimeo.com/1208796170/7fa70debfb?share=copy&fl=sv&fe=ci

Softening Property rates, catastrophe exposures, and evolving underwriting priorities are creating new challenges and opportunities across the insurance marketplace. Watch the Q3 2026 P&C Market Outlook recording for expert insights on: Property market conditions and weather-driven trends Casualty market competition and changing carrier appetite Professional Liability developments, including Cyber, D&O, EPLI, and AI-related exposures Strategies for building stronger submissions and…

Inside This Article: A $290,000 report produced by Deloitte for the Australian government contained alleged AI-generated errors, including fabricated citations. The firm agreed to partially refund the government after the inaccuracies were identified. AI mistakes are a growing risk across U.S. industries as more companies integrate generative technology. Companies should review how their Errors & Omissions (E&O) Insurance and Directors & Officers…

The former chief financial officer of the Detroit Riverfront Conservancy is being accused of embezzling $40 million from the nonprofit organization over a period of more than 11 years. William Smith was recently charged with bank and wire fraud after allegedly stealing millions of dollars and spending it on airline tickets, hotels, luxury goods, real estate and more. He has…

Business travelers using unsecured networks and personal devices while away from the office could be putting their companies at greater risk for cybercrime, new data suggests. According to a World Travel Protection survey, just 36% of American companies require two-factor authentication on employees’ devices, 32% use antivirus software, and 30% have their employees use a virtual private network, or VPN,…

Organizations face a multitude of risks at any given time, yet the top cause of stress for business leaders, for the third time in four years, remained cyber risks. Given mounting concerns, the demand for risk mitigation efforts and Cyber & Privacy Insurance policies have drastically increased. While security tools and training have become much more advanced in their effectiveness,…

During this webinar, our experts gathered for a discussion on the current state of the Cyber Liability market. Our panel explored cybersecurity controls, discussed claims examples, and provided tips for brokers and agents.   https://vimeo.com/864574556/afa5fa8144?share=copy

A class-action lawsuit recently filed against Twitter Inc. alleges the company did not give employees the legally required notice before laying off 50% of its workforce. The mass layoff affected about 3,700 jobs and came days after Elon Musk acquired the company for $44 billion and began implementing various overhauls. Filed on Nov. 3 in a…

Data breaches remain a serious threat for businesses across all sizes and industries. To learn more about how Cyber & Privacy Liability Insurance can help companies address this risk, Crain’s Content Studio spoke with Ryan Ascenzo, Senior Broker, Professional Liability, Burns & Wilcox Brokerage, New York, New York. What are some of the greatest cybersecurity risks companies face today? R.A.:…

Below we highlight the top 3 trending Cybersecurity Awareness-related intel topics. 1. Trending News Attesting to MFAs, Security Protocols a Key Part of Cyber Protection The necessity for companies to have data security practices in place in order to secure cyber coverage is crucial to managing risk, our experts advise. As…

A new report based on a survey of health care providers found that an alarming number of physicians have used alcohol or controlled substances while on the job. The survey, conducted by All Points North, revealed that 1 in 7 physicians admitted to consuming alcohol or using other controlled substances at work during the last three months, with more than…