Market News
Insurers Remain Behind the Technology Curve and They Know It
A.M. Best believes insurance companies' investments in technology upgrades would help them to remain relevant and benefit financially over the long term. A recent A.M. Best survey shows that insurance companies concur and are increasingly harnessing data to improve all aspects of their business. Read More
Demand for Long-Term Care Products Outpaces Supply
A steady increase in claims and unfavorable experience for long-term care insurers, combined with needed reserve increases, have continued to place pressure on many long-term care insurers' capital and earnings, according to a new A.M. Best report on the segment. Read More
CICA President Dan Towle Embraces "The Challenge of Change"
The mission of the Captive Insurance Companies Association (CICA) is to be the premier global domicile-neutral captive insurance association and the best source for unbiased information, knowledge, and leadership for captive insurance decision-makers. Captive.com recently touched base with CICA President Dan Towle to discuss its upcoming annual international conference. Read More
Organizations Identify Business Interruption as Greatest Cyber Concern
Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security as a top risk management priority, according to a new global survey conducted by Marsh. In a global survey of senior executives, two-thirds ranked cyber security among their organizations' top five risk management priorities. Read More
Sharp Cyber-Attack Increase Seen in Volume, Sophistication, and Variety
Fortinet®, a cyber-security solutions provider, has announced the findings of its latest "Global Threat Landscape Report." The research reveals that attacks per firm have increased over the previous quarter. In addition, automated and sophisticated swarm attacks are accelerating, making it increasingly difficult for organizations to protect users, applications, and devices. Read More