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The North Dakota insurance commissioner told this publication that AI and resiliency are also top of mind. -
The P&C industry had its best Q3 combined ratio since 2015, driven by personal lines.
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Jelle Ouwehand joined Arch from Marsh, where he was a senior terrorism, PV and war broker.
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The loss figure has increased 200% from the initial number provided in October.
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Cybersecurity basics could reduce cyberattack costs by up to ~75%.
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A jury found the retailer defamed a former driver with false claims of workers’ compensation fraud.
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Businesses exceeding $50mn in revenue are 2.5 times more likely to face cyber incidents, the report found.
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A quick roundup of our best journalism for the week.
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Sources said that the underwriter has been working with Houlihan Lokey to find a potential backer.
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The association’s Hurricane Beryl net loss stood at $455mn as of 30 September.
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The estimate includes $102mn from Milton and $114mn Helene development.
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The industry posted a good quarter, but reserving and loss cost concerns hardly abated.
