The reality of today’s threat landscape, compounded by increasing ransomware attacks, has created a challenging situation for enterprises and the cyber insurance companies that protect them.Over the last few years, as claims have outpaced forecasts and policies became unprofitable, cyber insurance providers raised...
Two Liberty Mutual Insurance Co. units failed to convince the Fifth Circuit that the insurer has no duty to pay for a car auction company’s pollution settlement, though the appeals court relieved the carrier from having to cover the policyholder’s legal defense costs.“In...
With high prices and the threat of recession looming over America’s economy, another threat is emerging. Influential policymakers overseeing the U.S. insurance industry are on the verge...
Universal Health Services Inc., the largest operator of behavioral health hospitals in the nation, said that tight labor suppliers have been allowing the King of Prussia company to focus on patients with better-paying insurance.“We’ve been going to our lowest payers and either demanding...
Nirmal Prajapat from Churu, Rajasthan, claims that farmers like him face an uphill task when claiming the amount payable to them under the Pradhan Mantri Fasal Bima Yojana (PMFBY). In most cases, he says, they are forced to resort to protest demonstrations to...
Reliance General Insurance raises Rs 200 cr capitalInfusion has been done following the lenders of Reliance Capital giving approval for the capital support to improve the solvency margin of the general insurance arm.PTI, New...
