article thumbnail

Cyber Incidents in Canada Triple in 2 Years: QBE Research

Insurance Journal

Significant cyber incidents have tripled in two years in Canada, driven by technological, socioeconomic and geopolitical factors such as the war in Ukraine, according to research from commercial insurer QBE. Disruptive, globally significant and successful cyberattacks have increased from 10 …

article thumbnail

Global Commercial Insurance Rates Drop in Q4 for 2nd Consecutive Quarter: Marsh

Insurance Journal

Global commercial insurance rates fell 2% in the fourth quarter of 2024 following a 1% decline in Q3 2024 marking the second consecutive quarterly decrease following seven years of rising rates, according to the Global Insurance Market Index published …

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pirates Invade Tampa! Is an Invasion Covered Under a Commercial Insurance Policy?

Property Insurance Coverage Law

Is an Invasion Covered Under a Commercial Insurance Policy? appeared first on Property Insurance Coverage Law Blog. where I gave a short explanation of the day: Tampas Mayor refused to hand over the keys to the city on Tuesday to … The post Pirates Invade Tampa!

article thumbnail

Competition Among European P/C Insurers Is Rising, Along With Claims Inflation: S&P

Insurance Journal

Competition among European non-life primary insurers is increasing, despite rising claims inflation, according to S&P Global Ratings in a report on the European insurance sector. Property/casualty commercial insurers will face more pressure in 2025, said S&P, explaining that margins will …

article thumbnail

Common Commercial Insurance Mistakes (and How to Avoid Them)

Mark Jackson Insurance Agency

Computer desk with office equipment by Lisa from Pexels Running a business comes with plenty of challenges, and insurance is one area where mistakes can be costly. From underinsuring key assets to misunderstanding policy exclusions, commercial insurance missteps can leave your business exposed to financial loss.

article thumbnail

How to Start a Clothing Boutique: Insurance Edition

Central Insurance

Protect your clothing boutique from day one with essential insurancecovering liability, property, cyber risks, workers comp, and more. The post How to Start a Clothing Boutique: Insurance Edition appeared first on Central Insurance Blog.

article thumbnail

Lack of Proper Insurance Coverage for Data Centers Presents Pitfalls

Insurance Journal

As data center construction booms across the United States, a pair of legal experts recently said the lack of commercial insurance products customized for data centers present potential pitfalls that could surface if operators aren’t paying close attention to policy …