NEW YORK — The emerging risks and exposures associated with the onset of artificial intelligence was a major theme in sessions and discussions at the Professional Liability Underwriting Society’s Cyber Symposium in New York last week. Even as they turned ... See more
Business email compromise was the leading type of cyber incident in 2025, accounting for 31% of claims, as frequency rose but severity declined. Funds transfer fraud, at 27%, was the second most common incident, flowed by ransomware at 21%, and “miscellan... See more
NEW YORK – Cybercriminals continue to hone and improve their tactics and methods for conducting attacks, a panel of experts said. Cybercriminals working in distinct roles form a highly organized community, said Devon Ackerman, global head of digital foren... See more
NEW YORK – New capacity and underwriters have put competitive pressure on cyber rates and are leading to some erosion of underwriting standards, a panel of experts said. Cyber insurance is becoming less profitable for underwriters, said Dave Lewison, New ... See more
As sports and entertainment complexes grow larger and more multifunctional, brokers and insurers must grapple with broader and more complex risk profiles. These so-called mega venues now frequently encompass multiple components, blending live events with ... See more