Business Insurance

Acrisure LLC said Thursday it's formed a cyber risk management unit, Acrisure Cyber Services. The Grand Rapids, Michigan-based fintech said the unit offers risk assessments, insurance, security and antivirus services and…

Travelers Cos. Inc. reported Thursday that it is fourth-quarter net income rose 2% to $1.333 billion on the strength of its commercial segments, which offset challenges in personal lines. "We are particularly pleased…

(Reuters) - A few of the world’s biggest insurers are bracing like a second wave of multimillion-pound lawsuits, through struggling British pubs, restaurants and bakery chains over lockdown losses, will begin hitting…

(Reuters) - The court in Texas ruled Friday that President Joe Biden could not require federal employees to become vaccinated from the coronavirus and blocked the U.S. government from disciplining employees who didn't…

Aspen Insurance Holdings Ltd. said Thursday it has entered into an agreement with Ryan Specialty Group to aid a diverse international portfolio of delegated underwriting authority business. The company said, effective Jan. 1,…

The COVID-19 pandemic will generate more workplace class-action litigation this year, particularly for wage and hour issues, experts warn. There has been a significant rise in how big aggregate class-action settlement…

Brown & Brown Inc. posted fourth-quarter revenue of $738.5 million, a 15% increase annually, and organic revenue growth of 9.0%, the broker reported late Monday after the markets closed. For all 2022, the broker topped…

(Reuters) - The Occupational Safe practices Administration said Tuesday it will withdraw its COVID-19 vaccine-and-testing requirement for large U.S. employers following the U.S. Top court blocked the rule, ending a…

The median annual base salary for U.S. risk managers jumped to $135,000 in 2022, up from $118,000 in 2022, the Risk & Insurance Management Society Inc. said Tuesday. U.S. risk management professionals saw a 12.6% average…

(Reuters) - Hackers launched a cyberattack on Canada's foreign ministry last week plus some services continue to be down, officials said on Monday without disclosing who Ottawa thought was responsible.The incident was…