Insurance

A Question of Coverage: Business Interruption Claims
Risk Management

A Question of Coverage: Business Interruption Claims

The courts will decide whether interruption insurance policyholders have legitimate claims for their pandemic-related losses.
By Karen Epper Hoffman | July 21, 2021
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AM Best Warns of ‘Grim’ Future for Cyber Insurers
Technology

AM Best Warns of ‘Grim’ Future for Cyber Insurers

The increase in cyber losses outstripped rate hikes last year, suggesting "more trouble for 2021 as ransom demands continue to grow."
By Matthew Heller | June 7, 2021
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MassMutual to Buy American Financial Annuity Unit
M&A

MassMutual to Buy American Financial Annuity Unit

The $3.5 billion deal came a day after Allstate said it would sell its life insurance business to private-equity giant Blackstone for $2.8 billion.
By Matthew Heller | January 28, 2021
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Insurers Balk at Pandemic Coverage Proposal
Insurance

Insurers Balk at Pandemic Coverage Proposal

Industry groups are "opposing any legislation that requires them to bear the risk of business-interruption losses from pandemics.”
By Matthew Heller | May 14, 2020
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Embracing Higher Deductibles Can Be Smart Risk Management
Risk Management

Embracing Higher Deductibles Can Be Smart Risk Management

The more a company controls insurable losses, the higher deductibles it can afford. That lowers premiums, enabling more loss control in a virtuous cycle.
By David McCann | February 17, 2020
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