July 21, 2025

The U.S. cyber insurance market witnessed a surge in reported claims, reaching a record 33,561 incidents, according to the 2024 NAIC Cyber Insurance Report. This escalation underscores the growing complexity and frequency of cyber threats for businesses across all sectors. …

Two more property insurers put their toes in the Florida market this summer, bringing to 14 the number of new carriers in the state since 2023. It’s another sign that legislative discouragement of claims litigation has made a difference and …

By Mingson Lau Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated as the world’s …

Total losses and expenses in California’s workers’ compensation system incurred in 2024 were $16.7 billion, or 108% percent of earned premium, a report shows. The Workers’ Compensation Insurance Rating Bureau of California released the 2024 California Workers’ Compensation Losses and …

Washington Insurance Commissioner Patty Kuderer convened her first Artificial Intelligence Advisory Board meeting in Seattle to look at the insurance industry’s use of AI and to get recommendations on policy development, oversight and consumer education. The board reviewed its charter …

By John Hanna A man won $11 million in a lawsuit against police after his conviction for killing a Missouri newspaper’s sports editor was overturned, but the city’s former insurer resisted paying most of it for almost three years. A …