Risk Assessment

Cyber Attack Derails Protein Shake Giant's Acquisition
Risk Management Cyber Attack Derails Protein Shake Giant's Acquisition

In an era where technological innovation drives unprecedented business growth, the tale of Planet Pleasure, a dynamic protein shake manufacturer from Escondido, California, emerges as a chilling cautionary narrative that underscores the perils of digital vulnerability. Founded in 2018 with a modest

Oklahoma Faces Nation's Highest Home Insurance Costs
Insurance Oklahoma Faces Nation's Highest Home Insurance Costs

In a state known for its wide-open plains and resilient spirit, Oklahoma homeowners are grappling with a financial challenge that threatens their stability: the highest home insurance costs in the nation, with an average annual premium of $6,133, more than double the national average of $2,801.

How Does Corebridge's Reinsurance Deal Reshape Insurance?
Insurance How Does Corebridge's Reinsurance Deal Reshape Insurance?

In a landscape where insurance companies are constantly navigating complex financial strategies to optimize their portfolios, a groundbreaking transaction has emerged that could redefine industry standards. Corebridge Financial, a key player in the insurance and financial services arena, has

Soaring Health Insurance Costs Spark Reform Debate in USVI
Insurance Soaring Health Insurance Costs Spark Reform Debate in USVI

In the U.S. Virgin Islands, a financial crisis is brewing as health insurance costs for government employees and retirees have skyrocketed, climbing nearly $72 million since 2019, from $154.4 million in fiscal year 2019 to a staggering projection of $226 million by 2026, placing an unprecedented

Can Palm Springs Save Pedicab Businesses from Closure?
Insurance Can Palm Springs Save Pedicab Businesses from Closure?

In the heart of Palm Springs, California, a quiet but critical battle is unfolding as pedicab and party bike operators face the looming threat of business closure due to stringent insurance mandates. These small businesses, which have become a beloved part of the city’s vibrant tourism scene, are

FMA Urges Insurers to Improve Claims for Consumer Needs
Risk Management FMA Urges Insurers to Improve Claims for Consumer Needs

In the wake of devastating natural disasters, the Financial Markets Authority (FMA) of New Zealand has sounded a critical alarm for the insurance industry, urging a transformation in how claims are handled to better serve consumers. The FMA's recent report, titled "Weather Events Claims Insights,"

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