Tag: insurance industry
3 articles
AssuranceAmerica Breach Exposes 6.9 Million Driver Records
On March 17, 2026, AssuranceAmerica detected a security breach that put 6.9 million driver records at risk, allegedly caused by a malicious attack on one of its employees on March 16, 2026. The company has begun notifying affected individuals about the breach.
Allianz Transfers Commercial Cyber Unit to Coalition
This game-changing partnership brings a fresh approach to commercial cyber insurance, elevating protection and benefits for customers. By joining forces, Allianz and Coalition are revolutionizing cyber coverage with a unique and robust offering.
Cyber Insurance Claims Data Reveals Top Incident Types
A new report reveals that a whopping majority of cyber insurance claims are driven by just three types of incidents, forcing insurers, organizations, and regulators to rethink where risk lies and how it should be priced. This surprising concentration of claims in a few categories has significant implications for managing financial risk.