Losses are mounting in some commercial insurance lines, with cyber being especially hard hit. Overall, U.S. property/casualty insurers saw a $6.1 billion net underwriting loss through the first nine months of this year, according to A.M. Best & Co. Inc.
1. Insurers run from ransomware cover as losses mount
2. Underwriting loss of $6.1B in 2021: A.M. Best
3. BRP discloses CRP price; announces another deal
4. Commercial insurance prices rise nearly 9% in third quarter
5. Aon promotes Slyfield to chief innovation officer
6. Westfield opening new office in New York
7. UK competition watchdog ends probe into Gallagher, Willis deal
8. Jury finds major pharmacy chains helped fuel opioid epidemic
9. Liberty Mutual wins construction death dispute
10. US asks court to immediately lift stay on COVID vaccine rule