Browsing: Business Insurance

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Marine insurance costs are surging due to rising tensions in the Strait of Hormuz, a critical oil shipping chokepoint, following Iran’s parliamentary move to approve its closure.

Erie Insurance is working to determine if customer data was affected by a security incident that prompted a network outage on June 7.

Erie Insurance is investigating a June 8 cybersecurity incident, with no evidence of ransomware but potential data compromise.

Joseph Carnevale, regional president at Acera Insurance, explains how broker success in Eastern Canada hinges on personal connections and intentional coaching culture

Westfield announces sale of Westfield Bancorp to First Financial Bancorp, aligning with strategic focus on property and casualty insurance businesses

Westfield, a global property and casualty insurance group, has agreed to sell its banking business, Westfield Bancorp, to First Financial Bancorp in a $325 million transaction.

RAA Insurance reports a 44% increase in kangaroo-related vehicle claims over two years, attributing the rise to drought conditions forcing animals towards roads

Insurance executives share their concerns about the present state of global geopolitics, including AI-driven cyber threats and evolving client expectations.

Aflac Incorporated, the leading provider of supplemental health insurance in the United States, has disclosed a recent cyber attack on its network.