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Spike in Microsoft flaws sparks insurance concern
[ad_1] Despite a decrease in the number of severe flaws, the total volume of vulnerabilities suggested ongoing pressure on IT resources and patching capabilities. The report recommended adopting a multi-layered defense strategy, combining access controls with real-time detection, to protect against identity-driven and zero-day attacks. [ad_2] Source link
Lloyd’s sees profits dip as major claims affect 2024 results
[ad_1] Lloyd’s 2024 results Gross written premium for the year, meanwhile, rose to £55.5 billion, up from £52.1 billion in 2023, representing a 6.5% increase. The growth was driven primarily by an 8.5% rise in volume, including 7.6% from existing syndicates and 0.9% from new entrants. [ad_2] Source link
State Farm tells Lara that it “doesn’t make sense” to issue new policies in California
[ad_1] California’s largest property insurer, State Farm General, has warned that it will not resume writing new policies in the state, even if regulators approve its proposed 22% rate increase. The statement, delivered in a letter to Ricardo Lara, the state’s insurance commissioner, underscores the growing crisis in California’s homeowners insurance market as insurers retreat…
4 Reasons to Invest in The Right Coverage
[ad_1] Whether you’re wiring a new commercial building or updating outdated residential panels, the job of an electrician comes with risk. From working with high-voltage systems to climbing ladders and navigating unfinished jobsites, electricians face hazards that can quickly become costly claims. That’s why electrician insurance isn’t just a smart business decision—it’s essential to protect…
Revealed – the key trends shaping the cyber insurance landscape today
[ad_1] What’s impacting the cyber threat environment in 2025? In today’s landscape, staying ahead means understanding the factors underpinning the cyber trends dominating cyber discussions – with AXA XL’s cyber lead for APAC and Europe, Carlos Rodriguez, highlighting several major themes. AI is the first of these, he said, as the sector is seeing different…
Gallagher continues rapid growth in insurance brokerage global table
[ad_1] “Right now, there are three big, large account, commercial (underwriters). Gallagher is actually moving up in account size, pushing into Marsh, Aon, and WTW’s businesses, strategically… Gallagher is going larger, and the other big three are going smaller,” said Paul Newsome – managing director of Piper Sandler and vice president of The Association of…