
Similar Posts

Cyber insurance demand is rising, but not ‘evenly’: Beazley cyber head
At the same time, brokers must work with carriers to ensure the products fit the needs and budgets of SMEs. For Lezzi, the future of the cyber insurance sector hinges on a blend of forward-looking risk management, adaptable product design, and global education, especially for underserved market segments. Source link

California approves emergency rate hike of up to 38% for State Farm
Consumer Watchdog, a nonprofit advocacy group, has also condemned the move, calling it a violation of California’s Proposition 103, which requires that insurers fully justify any rate increase before implementation. “The public deserves transparency,” said Carmen Balber, the group’s executive director. “Refunds after the fact do little for homeowners who are already struggling.” Source link

Product recalls may spike amid tariffs and lighter oversight
“Tariffs are impacting nearly every industry, including automotive, life sciences, consumer products like electronics, toys, appliances, and even food when it comes to ingredient sourcing,” Harvey said. “And when enforcement is lighter, the risk grows even more.” Source link