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Insurance Business

National insurance news for USA insurance professionals. Read American insurance news, analysis, and interviews with leaders in the US insurance industry.

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News

Insurance Business
insurancebusinessmag.com > uk > news > cyber > cyberattacks-on-uk-property-firms-rise-17-as-hackers-target-client-data-589551.aspx

Cyberattacks on UK property firms rise 17% as hackers target client data

39+ min ago   (266+ words) Cyberattacks against UK property services businesses rose 17% in the year to 31 December 2025, climbing to 208 incidents from 178 the previous year, according to figures sourced from the Information Commissioner's Office and cited by Karis Insurance, a real estate finance and insurance specialist....

Insurance Business
insurancebusinessmag.com > au > news > cyber > ransomware-attack-reaches-victorian-business-through-external-technology-provider-589451.aspx

Ransomware attack reaches Victorian business through external technology provider

2+ day, 11+ hour ago   (655+ words) A 20-person engineering company in Port Melbourne is the latest business to find that a ransomware attack does not need to enter through its own systems. Macquarrie Corporation, which provides diesel engine and machinery management services across Australia and New…...

Insurance Business
insurancebusinessmag.com > asia > news > life-insurance > south-korea-slashes-tongyang-life-data-penalty-after-regulatory-rethink-589363.aspx

South Korea slashes Tongyang Life data penalty after regulatory rethink

3+ day, 8+ hour ago   (663+ words) South Korea’s top financial regulator has reduced a proposed 140 billion won penalty against Tongyang Life Insurance to 7 billion won, following a legal reinterpretation of how the insurer shared customer data with its own sales arm. The decision sits within a…...

Insurance Business
insurancebusinessmag.com > nz > news > cyber > half-of-new-zealand-agencies-still-have-an-email-security-gap-589337.aspx

Half of New Zealand agencies still have an email security gap

3+ day, 12+ hour ago   (732+ words) Half of New Zealand government agencies are carrying a documented cyber control gap with less than two months until a compliance deadline. For insurance brokers, that is not a technology story. It is a client conversation that needs to happen…...

Insurance Business
insurancebusinessmag.com > nz > news > cyber > ransomware-group-claims-cyberattack-on-dunedin-clinical-trial-company-589334.aspx

Ransomware group claims cyberattack on Dunedin clinical trial company

3+ day, 13+ hour ago   (568+ words) A ransomware group has claimed responsibility for a cyberattack on a Dunedin clinical trial company, with large volumes of sensitive health data feared stolen and Health Minister Simeon Brown receiving regular updates on the breach. Health New Zealand (Health NZ)…...

Insurance Business
insurancebusinessmag.com > us > news > cyber > tria-has-never-paid-a-claim--a-cyber-terrorism-scenario-shows-what-happens-when-it-does-589262.aspx

TRIA has never paid a claim. A cyber terrorism scenario shows what happens when it does

4+ day, 4+ hour ago   (317+ words) The Terrorism Risk Insurance Act has been reauthorized five times since Congress created it in November 2002. It has never paid a claim. That zero-claim record is the program's most quoted statistic and, in the current threat environment, its most misleading…...

Insurance Business
insurancebusinessmag.com > us > news > cyber > tria-has-held-up-for-25-years-but-cyber-terrorism-is-the-untested-frontier--morningstar-dbrs-589262.aspx

TRIA has held up for 25 years, but cyber terrorism is the untested frontier — Morningstar DBRS

4+ day, 5+ hour ago   (546+ words) A new report from Morningstar DBRS which marks 25 years since the September 11 attacks found that the federal terrorism backstop built in their aftermath has proven durable for conventional terrorism risk but faces a genuinely unresolved question when it comes to…...

Insurance Business
insurancebusinessmag.com > uk > news > breaking-news > the-insurability-test-that-911-invented-is-being-run-again--this-time-on-cyber-and-ai-589166.aspx

The insurability test that 9/11 invented is being run again - this time on cyber and AI

4+ day, 17+ hour ago   (339+ words) Ask a terrorism underwriter and a cyber underwriter the same question what's the one loss that could actually break you?, and increasingly you get the same shape of answer: something that hits everyone at once, spreads faster than the policy…...

Insurance Business
insurancebusinessmag.com > uk > news > cyber > acrisure-uk-bets-that-cyber-cover-and-security-tools-work-better-together-589088.aspx

Acrisure UK bets that cyber cover and security tools work better together

4+ day, 23+ hour ago   (306+ words) Acrisure UK has agreed a partnership with ESET, the global cybersecurity provider, combining Acrisure's cyber insurance capability with ESET's security products and managed services. The arrangement is designed to give Acrisure's clients access to resilience-building, risk management and incident response…...

Insurance Business
insurancebusinessmag.com > uk > news > technology > acrisure-uk-partners-with-eset-to-pair-cyber-cover-with-security-tools-589088.aspx

Acrisure UK partners with ESET to pair cyber cover with security tools

5+ day, 58+ min ago   (350+ words) Acrisure UK has announced an agreement with ESET, a global cybersecurity provider, combining Acrisure's cyber insurance capabilities with ESET's cybersecurity products and services. The arrangement is designed to give Acrisure's clients access to a broader range of support spanning resilience-building,…...