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Examining AI in cyber insurance
[ad_1] In this roundtable special of Insurance Business TV, join Tokio Marine HCC Cyber and Professional Lines Group’s Dan Crane and Eugene Eychis as they examine the impact of AI on cyber insurance. They look at the ways in which AI is currently enhancing risk assessment, strategies to mitigate its risks and the emerging technologies…

It’s Not FAIR: Carriers flee, brokers scramble, and survival means reinventing the game
[ad_1] One wholesale broker’s view on FAIR problems – and where the next great opportunity might be coming from [ad_2] Source link

Insurers to face millions in losses following severe storms in Texas – report
[ad_1] Nearly 1,500 reports of severe storms were recorded between April 2 and 7 [ad_2] Source link

The Hilb Group acquires Maryland-based employee benefits business
[ad_1] Headquartered in Richmond, Virginia, the Hilb Group is a national insurance brokerage and advisory firm offering property and casualty, as well as employee benefits services. It is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group’s strategy combines organic growth with acquisition activity, supported by centralized resources across its expanding…

Insurers could face broader discount mandate under Minnesota bill
[ad_1] The bill includes further clarification on renewal procedures. Currently, only those aged 55 and older may retake the course every three years to maintain eligibility. Under HF3290, that limitation would be removed, allowing more drivers to refresh their eligibility regardless of age. Drivers who have not claimed the discount in over three years could…

Court dismisses insurers’ breach claims against Blackbaud over 2020 cyberattack
[ad_1] The plaintiffs, which included Travelers and a group of insurers affiliated with Philadelphia Indemnity, reimbursed their insureds for expenses following the breach, including costs of forensic investigations, legal counsel, constituent notifications, and credit monitoring. Their insureds—more than 100 nonprofit and educational organizations across 35 states and the District of Columbia—used Blackbaud’s software to manage…