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The vote by the Senate Law and Public Safety Committee was a preliminary step before the bills go to the full legislature, then the governor's desk.

Compromised email, ransomware continue to increase

Embedded insurance is increasingly popular with both consumers and insurers, and looks set to continue growing.

Progress on cybersecurity measures lowers insurance market risks and stresses.

Chubb survey, digital insurance platform find concerns among insureds and more rules on the way

High-net-worth clients with large policies borrow, on average, $500,000 to $800,000 to pay their premiums. Peapack-Gladstone predicts the product, which it launched this month, will be one of its top business lines within six years.

California's biggest utility said the costs of the Mosquito Fire should be largely offset by insurance and other rate recoveries, according to a filing Thursday with the US Securities and Exchange Commission.

The Zurich-based reinsurer's key unit saw $2.5 billion in claims related to large catastrophes including the storm which hit Florida last month, it said in a statement on Friday.

Unlike the launch of Google Compare several years ago, insurers are taking Amazon's UK launch of a home-insurance comparison site in stride.

Carriers need to focus on two things: defining where the value in cloud lies and building a partnership between business units and IT.