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Business Travelers Not Taking Cybersecurity Precautions, Survey Finds

Business Travelers Not Taking Cybersecurity Precautions, Survey Finds

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,…

P&C Report: 2024 Forecast

P&C Report: 2024 Forecast

Many of the primary factors that influenced the status of the Property & Casualty (P&C) market in 2023 are likely to remain in 2024. We continue to operate in a comparatively hard environment marked by rising but moderating rates on some lines of business, where it is often necessary to layer available capacity that includes carefully worded terms and conditions…

‘DNA Relatives’ Data Exposed: 6.9 Million Impacted By 23andMe Breach

‘DNA Relatives’ Data Exposed: 6.9 Million Impacted By 23andMe Breach

Family members\' names, birth years, relationship labels, shared DNA information and more were recently exposed in a data breach against genetic testing company 23andMe in an attack that impacted 6.9 million individuals. While the biotech firm explained in an announcement that less than 0.1% of user accounts were accessed in the October breach, this gave hackers access to about 5.5…

Holiday Party Risks: Companies Could Face Costly Lawsuits, Claims

Holiday Party Risks: Companies Could Face Costly Lawsuits, Claims

As companies prepare to host gatherings for their employees this holiday season, there have been no shortage of reminders that these events can be fraught with unintended risks. Some of the greatest holiday party risks revolve around the possibility of harassment or discrimination against employees, especially when alcohol is involved. This can make company holiday parties…

Property & Casualty Report: Q3/Q4 2023

Property & Casualty Report: Q3/Q4 2023

Despite the continued “flight toward profitability” for most carriers, moderation in both rate and capacity is occurring in many insurance sectors. Most rates are rising, but the level of increases is slowing. Capacity is generally available but often requires creativity. On the Casualty side, some classes remain stressed while carriers are competing for business in others. These and other trends…

Cyber & Privacy Liability Insurance Market Overview

Cyber & Privacy Liability Insurance Market Overview

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,…

Survey Shows 50% of Businesses Are Not Prepared to Face Rising Cyber Risks

Survey Shows 50% of Businesses Are Not Prepared to Face Rising Cyber Risks

The risk of a cyberattack is a leading concern for a majority of business owners, yet many have not taken some of the key steps needed to prevent or respond to a cyber incident, according to a new survey of business leaders. The Travelers Risk Index, an annual report that studied more than 1,200 business decision-makers, found that cyber risks…

Cyber Liability Risk & Security

Cyber Liability Risk & Security

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

Ask the Expert Q&A: Management Liability

Ask the Expert Q&A: Management Liability

Running a company can result in a number of liability exposures, from employment matters to financial decisions. To learn more about management liability and the types of insurance that can address it, we spoke with Melissa​​​​ Martin, Broker, Professional Liability, Burns & Wilcox, Los Angeles, California. What are some of the greatest risks today when it comes to management liability?…

Property & Casualty Report: Q2/Q3 2023

Property & Casualty Report: Q2/Q3 2023

The title of this quarter’s overview and forecast could easily be: “Profitability Matters.” That is especially true in the Property space for both Personal and Commercial policies. The industry faces daily challenges from CAT storms and events, making every state subject to immediate loss from hurricanes, wildfires, and convective storms—defined as severe local storms associated with wind, thunder, lightning, heavy…

P&C Market Outlook: Q3 2023

P&C Market Outlook: Q3 2023

During this webinar, our experts gathered for an outlook into Q3, including high-level market overviews and insights. https://vimeo.com/845283560/f772266f72?share=copy

Copyright Battle: Music Publishers Launch $250 Million Lawsuit Against Twitter

Copyright Battle: Music Publishers Launch $250 Million Lawsuit Against Twitter

The social networking site Twitter is the target of a $250 million lawsuit recently filed by a group of 17 music publishers over alleged copyright infringements. According to a June 14 report from Forbes, the lawsuit was filed by the National Music Publishers’ Association and seeks up to $150,000 for each of the 1,700 songs that Twitter is claimed to…

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