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Cyber insurance is changing fast as cybercrime becomes more serious and tricky. Buyers now want more than just protection for losses after something bad happens. They want help to stop attacks before they happen, keep up with new threats, and include cyber risks in bigger business decisions. Tim Burke, who leads cyber insurance at IMA … Read more

Frontline Fabrics, a Pennsylvania-based maker of flame-resistant products, says hackers stole about $1.4 million from its accounts through a vendor-payment scam. The company has now taken legal action, suing its insurer, two banks, a vendor, and unidentified hackers over the loss. The case, filed in late December 2025 in the U.S. District Court for the … Read more

As carbon capture and storage (CCS) technology expands beyond pilot phases into bigger commercial projects, the insurance world is facing new challenges. These projects come with a unique mix of risks — from construction and operations to environmental, financial, and regulatory issues — that traditional insurance plans just can’t fully cover. Companies that depend on … Read more

California lawmakers have come to an initial deal to boost the state’s wildfire utility fund by about $18 billion. This plan is expected to be formally introduced in legislation soon, after negotiators pushed back a Tuesday deadline to iron out the details. The extra funds will be split evenly between utility ratepayers and utility shareholders. … Read more

East Jordan Plastics, a company that makes plastic containers for plants, has agreed to pay $460,000 to settle a sexual harassment lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC). The case involved female workers at the company’s factory in Beaverton, Michigan, who reported inappropriate behavior from a male coworker. The lawsuit revealed that … Read more

Early Tuesday morning, over 60 shipping containers fell off a cargo ship docked at the Port of Long Beach, ending up floating in the water nearby. The vessel, named Mississippi, lost about 67 containers shortly before 9 a.m., officials confirmed. Fortunately, no one was hurt during the incident. Long Beach is a major gateway for … Read more

Scottsdale Insurance has been ordered by a New York appeals court to keep defending New York City in a negligence lawsuit and to cover the city’s legal fees. This comes after the insurer tried to back out of its coverage responsibilities nearly three years into the case. The dispute revolves around a contractor who needed … Read more

Matt Honea, Acrisure’s construction director for the western United States, is witnessing significant shifts in the construction insurance market across 14 states, including high-risk areas like California, Arizona, and Washington. According to Honea, rising auto insurance rates, wildfire damage, and an increase in construction defect lawsuits are making coverage more difficult and costly to secure. … Read more

Cyber threats like ransomware and data breaches continue to pose serious challenges for businesses across the US. To help manage these risks, several major insurance companies offer cyber coverage. A recent report has highlighted the top 10 cyber insurance providers in the country based on their market share and Direct Written Premiums (DWP) as of … Read more

Texas Governor Greg Abbott is preparing to issue an executive order to regulate THC products and set a minimum purchase age of 21. This move comes after the state Legislature ended its second special session without reaching an agreement on THC laws. While Lt. Gov. Dan Patrick pushed for a complete ban, Abbott supports a … Read more