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140-MPH Tornado Strikes Before Warning, Exposing Costly Coverage Gaps
Inside This Article: An EF3 tornado with estimated 140-mile-per-hour winds reached Wisconsin communities before a tornado warning could be issued and caused extensive damage to buildings and utilities, news outlets reported. Severe storms accounted for eight of the 12 billion-dollar weather and climate disasters recorded in the U.S. during the first half of 2026, according to Climate Central. Today’s Homeowners Insurance policies increasingly
Claude AI Models Breach 3 Organizations During Testing
Inside This Article: Claude AI models recently gained unauthorized access to three outside organizations’ systems during cybersecurity evaluations, according to Anthropic. Anthropic uncovered the incidents during a review of 141,006 evaluation runs and said two affected organizations had not detected the breach before being notified. Cyber & Privacy Liability Insurance and Technology Errors & Omissions (E&O) Insurance may respond to losses involving
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During this webinar, our own Anella Niewenhous provided insights on the Personal Insurance Market leading into Q3 of 2024. Watch a highlight from the discussion below. https://vimeo.com/984331064/7beed588c8
During this webinar, our own Peter Kestenbaum provided insights on the Commercial Property Market leading into Q3 of 2024. Watch a highlight from the discussion below. https://vimeo.com/984326736/678308ac3f
During this webinar, our expert panel reviewed valuable insights into Q3 2024 and discussed the personal and commercial insurance markets, brokerage and contract binding, and other key topics. Watch now below. https://vimeo.com/982781651/ca925a19f8
Cargo theft rates are climbing as sophisticated scammers increasingly target transportation companies using high-tech schemes, according to reports. Freight thefts that involve identity theft, double brokering and online scams are surging, Business Insurance recently reported, with virtual thefts making it possible for criminals to target companies from anywhere in the world. These methods make it faster…
Nuclear verdicts of $10 million or more are increasing, according to a new report from the U.S. Chamber of Commerce. Between 2013 and 2022, the average nuclear verdict was $89 million; half were between $10 million and $20 million, a third were between $20 million and $50 million, and 19% were considered \"mega\" nuclear verdicts at over $100 million, Insurance…
More than five years after the death of Grumpy Cat, the internet-famous cat known for its disgruntled-looking expression, the company that owns its image and likeness continues to confront alleged trademark violations from other entities using the pet’s face for profit. According to a recent report from Courthouse News Service, Grumpy Cat Limited has filed more than 50 trademark lawsuits…
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