Crime Risk Theft 
Risk Management Monitor
JANUARY 27, 2022
Ramesh Srinivasan gave a keynote titled “The Opportunities and Downside Risks of Using AI,” touching on the key flashpoints of current technological advancement, and what they mean for risk management. He noted that as data storage has become far cheaper, and computation quicker, this has allowed risk assessment technology to improve.
Jackson & Jackson
APRIL 30, 2024
Understanding Location-Based Risk Factors Location plays a pivotal role in determining insurance premiums for commercial properties. Various factors tied to a property’s geographic and socio-economic setting influence insurers’ risk assessments. Here’s how these factors come into play: 1.
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Risk Management Monitor
MAY 17, 2021
In addition, unsuspecting victims are at risk of receiving surprise tax bills because cybercriminals stole their identities and filed fraudulent claims for COVID-19 unemployment payments. The Federal Trade Commission warns that unemployment fraud puts workers at additional risk of identity theft crimes including tax fraud.
TGS
OCTOBER 3, 2024
Coastal homes in Florida, for example, face higher premiums due to the increased risk of hurricanes, flooding, and wind damage. Conversely, homes further inland or in areas with lower crime rates often benefit from lower insurance costs. The more risks your area poses, the more your insurance company will charge to protect you.
Triple-I: Business Insurance
APRIL 4, 2024
Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals.
Risk Management Monitor
OCTOBER 25, 2022
According to Beazley’s recent Risk & Resilience Geopolitical Report , inflation is a key area of concern for business leaders and they expect economic uncertainty to remain high through to the end of this year. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.
ProWriters
JULY 25, 2024
companies faced the risk of a significant cyber attack. Analysts project cyber crime to cost the U.S. AT&T Telecommunications company AT&T suffered a massive breach that exposed almost all of its 109 million customers to an increased risk of identity theft. more than $452 billion in 2024, potentially reaching $1.8
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