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Hurricane Remnants Threaten Swiss Alps With Floods, Landslides
The remnants of Hurricane Erin will contribute to torrential rain across the Swiss Alps over the next two days, raising the risk of dangerous flooding and landslides. Switzerland’s state forecaster has issued the highest red alerts for parts of Ticino …
POSTED AUGUST 28, 2025 8:36 AM |
South Korea Agency Fines SK Telecom $97 Million Over Major Data Leak
South Korea’s SK Telecom was fined on Thursday about 134 billion won ($96.53 million) after the country’s largest mobile carrier suffered a cyberattack this year causing the leak of data for nearly 27 million users. The government-run Personal Information Protection …
POSTED AUGUST 28, 2025 8:16 AM |
Anthropic Thwarts Hacker Attempts to Misuse Claude AI for Cybercrime
Anthropic said on Wednesday it had detected and blocked hackers attempting to misuse its Claude AI system to write phishing emails, create malicious code and circumvent safety filters. The company’s findings, published in a report, highlight growing concerns that AI …
POSTED AUGUST 28, 2025 5:13 AM |
Viewpoint: Why Reinsurance Industry Often Struggles to Manage Market Cycles
“We must maintain underwriting discipline.” This phrase is arguably the most repeated mantra in the reinsurance industry over the past two years, and you will struggle to find anyone in the market who would disagree with that idea. The reality, …
POSTED AUGUST 28, 2025 5:10 AM |
Cyber Outlook Report Finds Gaps, Outlines Holistic Approach to Protections
As the cyber market matures, it’s increasingly evident that fighting off cyberattacks is going to be an ongoing team effort. Brokers, carriers, cybersecurity organizations and insureds all play a role, from security to training to assessing adequate coverage. According to …
POSTED AUGUST 28, 2025 5:10 AM |
WV Commissioner Wants Input on What Coverages Should Be on Surplus Lines List
The West Virginia Office of the Insurance Commissioner is aking for input on what coverages and classes should be on the surplus lines export list. In keeping with state law, agents and brokers hoping to place types of coverage that …
POSTED AUGUST 28, 2025 5:02 AM |
Katrina 2005-2025: Lessons Learned
Hurricane Katrina made landfall on August 29, 2005, with the eye of the Category 3 hurricane centered on Bay St. Louis, Mississippi, though the storm is remembered largely because of the devastation to New Orleans, Louisiana. Over 1,800 people died …
POSTED AUGUST 28, 2025 5:00 AM |
Highstreet Joins Cornhuskers in Three-Year Food Bank Partnership
Highstreet Insurance & Financial Services has announced a three-year partnership with the University of Nebraska that supports the school’s football, volleyball and basketball teams. The full-service independent insurance agency has offices across Nebraska and the United States. “Highstreet is thrilled …
POSTED AUGUST 28, 2025 5:00 AM |
Lottery for Louisiana Fortify Homes Program Grants Opening in State’s Coastal Zone
Registration for the next round of Louisiana Fortify Homes Program (LFHP) grants will open at 8 a.m. on Tuesday, Sept. 2, and close at 5 p.m. on Friday, Sept. 12. According to a press release, 500 grants are available in …
POSTED AUGUST 28, 2025 5:00 AM |
Viewpoint: Earthquake Insurance and Surplus Lines: Clarifying A Legal Grey Zone
The California property insurance market is undergoing a dramatic shift. As admitted carriers restrict their appetite for business in the state—particularly in high-risk zones—surplus lines insurers are increasingly stepping in to write residential property insurance. As previously reported in Insurance …
POSTED AUGUST 28, 2025 5:00 AM |
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