The coronavirus is disrupting events, airlines, and more—and insurance likely won’t be much help for the interruptions. Standard business-interruption policies, which pay cash to make up for lost revenue when a business has to halt operations unexpectedly, exclude epidemics and…
With loss costs mounting, insurers will continue to increase prices to cover new risk exposures for directors and officers liability (D&O insurance), according to a recent AM Best report. Insurers have been speaking out about increased claims due to more lawsuits…
Once riddled with typos written by non-native English speakers, email scams were once awkward cash grabs, but that is no longer the case, federal officials say. Email scams have become sophisticated frauds costing individuals and American businesses billions of dollars…
Scammers are using the coronavirus outbreak as a means of conducting phishing attacks to spread a different kind of virus — malware. Criminals often use current events to make their scams more timely. Cybersecurity companies have identified several malicious campaigns looking to…
CEOs worried about cyberattacks are altering their digital behavior, including deleting social media accounts, according to a new report on views from the boardroom. Cyberattacks have become the most feared threat for large organizations, according to the annual CEO survey from professional…
By Melissa Bailey | Kaiser Health News Dr. Keith Corl was working in a Las Vegas emergency room when a patient arrived with chest pain. The patient, wearing his street clothes, had a two-minute exam in the triage area with…
Nearly half of all midcareer physicians, those between the ages of 40 and 54, said they felt burned out, according to a recent survey. Of the generation X doctors surveyed by medical-information platform Medscape, 48% said they felt burned out versus…
Cyber insurance rates are jumping by as much as 25% following a surge of costly claims, according to reports. Ransomware, a malicious software program used to take control of IT systems, remains a significant problem despite attacks becoming less frequent in…
Lawsuits are flying around these days, and the price of insurance premiums is rising with them, especially for directors and officers, or D&O insurance, reports say. Aon, which serves as an insurance broker to Fortune 500 companies, says premiums for…
As the new decade begins, business interruption perils will be critical for risk managers to address, according to industry experts. From extreme weather to supply chain problems to cyberattacks, business interruptions have financial and reputational risks. Cyber-related business interruption can come…
