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Ransoms hit record high in cyber claims analysis

Ransom demands and payments hit record highs in 2025, according to the NetDiligence Cyber Claims Study, which finds hackers demanded as much as $500m over a 5-year period and a record sum of $90m was

πŸ“… 2026-09-17 | πŸ“° Commercial Risk Europe
#insurance-news #ransoms #hit

Santander wins appeal over $906M dispute against Axa

Spain’s Banco Santander SA has won a 677 million British pound ($906 million) legal dispute against France-based Axa SA after the London Court of Appeal ruled that the insurer, not the bank, must cove

πŸ“… 2026-09-17 | πŸ“° Business Insurance
#insurance-news #santander #wins

Allianz Trade opens new office in Dubai financial hub

France-headquartered Allianz Trade SE has opened a new office at the Dubai International Financial Center, Middle East Insurance Review reported. The opening follows the establishment of Allianz Trade

πŸ“… 2026-09-17 | πŸ“° Business Insurance
#insurance-news #allianz #trade

General Accident’s profits surge despite hurricane losses

General Accident Insurance Company Jamaica Ltd. recorded an 82% year-on-year surge in profit after tax to $451 million in 2025 despite Hurricane Melissa’s significant financial impact on the group, Ja

πŸ“… 2026-09-17 | πŸ“° Business Insurance
#insurance-news #general #accident

What brokers weigh when surety replaces a bank guarantee

Bank guarantees can tie up 15% of a contractor's turnover and the surety capacity replacing them is placed through specialist brokers

πŸ“… 2026-09-17 | πŸ“° Insurance Business America
#insurance-news #brokers #weigh

Zillow Loses Antitrust Battle Over Chicago Area Listing Feed

Zillow Group Inc. lost its bid to force Illinois’ largest provider of real estate listings to provide access to its data about homes for sale. US District Judge John Tharp Jr. in Chicago dissolv

πŸ“… 2026-09-17 | πŸ“° Insurance Journal
#insurance-news #zillow #loses

What Beazley's AI cyber endorsement does and doesn't cover

Beazley's new AI Clarifying Endorsement addresses attacker-side AI risk, but leaves open questions about a client's own AI use that brokers still need to verify

πŸ“… 2026-09-17 | πŸ“° Insurance Business UK
#insurance-news #beazley #cyber

Judge denies librarian’s request for mental health benefits

A Tennessee workers compensation judge denied a former school librarian’s request for additional medical benefits following an encounter with a student, finding she had not cooperated with efforts to

πŸ“… 2026-09-17 | πŸ“° Business Insurance
#insurance-news #judge #denies