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Hiscox Finds Small Businesses Lag in Cybersecurity Readiness

Small businesses are lagging behind larger companies in preparedness for attacks on their websites or computer systems. That’s the finding of a survey by Hiscox, an insurance company whose target market in the U.S. is small business. The survey released …

New Jersey Sisters Lied About Who Was Driving at Time of Crash, Charged With Insurance Fraud

Two Camden County, N.J., sisters have been charged with conspiracy to commit insurance fraud for allegedly lying about which one of them was the driver in an auto crash in an effort to support false claims submitted to an insurance …

Consumer Group, Insurers at Odds on Reasons for Rate Hike After Not-at-Fault Crashes

Most drivers don’t expect to be hit with a rate hike on their auto insurance after a car accident that wasn’t their fault. But a consumer group says it happens, and it’s a problem. The Washington-based Consumer Federation of America …

Insurer Models Cyber Risks to Benefit SMBs

With the global cyber insurance market expected to reach $14 billion by 2022, according to Allied Market Research, it’s no wonder more insurers are looking to offer cyber coverage. All industries need liability and property coverage to protect against cyberattack …

U.S. Winter Storms, Tornadoes Kill 27 And Cause $1B in Losses

The U.S. was hit by the most January tornadoes in 18 years, in a month when extreme weather caused 27 deaths and more than $1 billion in economic losses, according to a risk modeler. Insured losses from the natural disasters …

Researchers Examine Ways to Protect Power Grids From Hackers

Reliability measures of electrical grid has risen to a new norm as it involves physical security and cybersecurity. Threats to either can trigger instability, leading to blackouts and economic losses. New research led by scientists from Michigan Technological University delves …

Families Beg Judge to Close Jersey Beach Where 3 died When Sand Gave Way

Relatives of three people who died when the sand at a New Jersey beach gave way beneath their feet begged a judge to permanently close the beach, saying it’s only a matter of time before someone else dies there. Relatives …

Flood Emergency Declared at Northern Utah Dam Amid Snowmelt

Federal water managers declared a first-stage flood emergency for the first time at a popular state park and released water from a dam as warming temperatures sent water from rapid snowmelt into homes and onto roads in northern Utah on …

Workers’ Comp, Auto Insurance Fraud Scams Busted in Washington, California

Washington Man Must Repay More Than $12,000 in Workers’ Comp Scam A service technician who claimed he was too injured to work yet got a job driving a tow truck pleaded guilty Friday in a workers’ comp scam. Kyle Valle, …

Toyota Exec Will Urge State Self-Driving Car Regulation Moratorium

A senior Toyota Motor Corp. executive is urging the federal government to keep states from setting their own autonomous vehicle rules, something carmakers say could threaten the emerging industry with a patchwork of contradictory regulations. “A clear and unequivocal statutory …

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