article thumbnail

Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

Insurance Journal

Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report. Reputation risk … The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid.

Risk 284
article thumbnail

Brown & Brown to Acquire Risk Strategies, One80 Parent for $9.8 Billion

Insurance Journal

said it has entered into an agreement to buy Accession Risk Management, the parent company of specialty brokerage firm Risk Strategies and wholesaler One80 Intermediaries, for about $9.8 Brown & Brown Inc. Daytona Beach, Florida-based Brown & Brown will …

Risk 238
Insiders

Sign Up for our Newsletter

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

article thumbnail

Red Sea Insurance Premium Spikes as Houthi Risks Return

Insurance Journal

The cost of insuring commercial ships that sail past Yemen’s Houthi militants surged after the rebels sank two ships and killed sailors this week, underscoring how the attacks have revived risk in the crucial waterway. Shipowners now have to pay …

Risk 220
article thumbnail

UNLV Launches Bachelor’s Degree in Insurance And Risk Management

Insurance Journal

When school begins at the University of Nevada, Las Vegas, students will have a chance to undertake a bachelor’s degree program in insurance and risk management. The school got the new program approved this month. The first cohort of 35 …

Risk 245
article thumbnail

Take the Hassle Out of Claims Management

Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and more.

article thumbnail

Ryan Transactional Risk Launches Environmental Practice Product

Insurance Journal

Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups. Ryan Transactional Risk Enviro is providing Environmental Remediation Cost Overrun insurance for corporate transactions and …

Risk 193
article thumbnail

Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?

Property Insurance Coverage Law

Seeing firsthand the devastating aftermath and hearing the deeply emotional stories from these homeowners is heartbreakingbut whats even worse is witnessing how some insurance companies continue to compound their customers’ trauma … The post Why Are California Insurers Putting Their Policyholder Customers at Risk For Their Health?