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US Regulation
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SME cyber risk misread leaves UK brokers facing an uphill sale
2+ day, 17+ hour ago (325+ words) Nearly four in ten UK SMEs without cyber insurance believe they face a low risk of attack. The same survey found that 29% of those businesses had already experienced one. "Attackers don't check headcount before they send a phishing email," said…...
Mortgage brokers hit by FSRA over alleged E&O insurance failings
3+ day, 22+ hour ago (446+ words) Ontario's financial services regulator is moving to revoke the licences of two mortgage brokerages after alleging that their principals failed to provide proof of the errors and omissions (E&O) insurance the businesses are legally required to carry. The Financial Services…...
Dr. Michael Fine: What’s crazy about health insurance isn’t just what it costs
5+ day, 15+ hour ago (157+ words) But wait. This year’s cost increases aren’t the real problem. The real problem is that these costs are about to go even higher, in a coming medical costs tsunami, that is predictable but that we are completely unprepared for. We…...
Banyan venture focuses on wildfire-exposed property risk
1+ week, 1+ day ago (157+ words) Specialty managing general agent Banyan Risk Ltd. on Wednesday launched Red Fox Risk Ltd., a specialist underwriting venture focused on wildfire-exposed property risk in the United States. Red Fox will operate under the Banyan Risk umbrella and will offer coverage…...
Global Data Centre Insurance Market Could Double by 2030
1+ week, 5+ day ago (388+ words) ইন্স্যুরেন্স নিউজ বিডি Global Data Centre Insurance Market Could Double by 2030 Mashrukh Khan: The rapid expansion of artificial intelligence data centres is creating a new wave of demand for commercial insurance, but it…...
UK businesses staying quiet on cyber incidents risk legal exposure — survey
2+ week, 2+ day ago (398+ words) One in five UK businesses have chosen to keep a serious cyber incident from the authorities rather than face the consequences, according to Databarracks' Data Health Check 2026, an annual survey of 500 IT decision-makers. Firms regulated by the FCA face a…...
Cyber cover lags furthest behind in UK property, GlobalData finds
2+ week, 2+ day ago (288+ words) Cyber insurance penetration among UK real estate and renting businesses sits below the wider SME market at every size band, according to GlobalData's Q1 2025 UK SME Insurance Survey, even as cyberattacks against property services firms rose 17% in 2025. The gap is widest…...