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Top News about Cyber Insurance
The Headache In Carolina Beach A coastal town in North Carolina found out just how costly cyberattacks can be, and it put government cybersecurity in the spotlight. Carolina Beach reported that thieves stole $487,994.80 from town funds in two separate incidents. According to Port City Daily, the losses affected both the enterprise and general funds. … Read more
R.E. Chaix & Associates Insurance Brokers, based in Irvine, has acquired US Pro Insurance Services. This move broadens R.E. Chaix’s reach in specialty lines and gives them access to more carriers. US Pro focuses on placing cyber liability insurance for retail agents and brokers. The merged company will operate as R.E. Chaix & Associates, and … Read more
This question feels critical after reading BlackFog’s 2025 annual ransomware report. The findings show attacks are happening faster, reaching more places, and affecting more victims quietly. There’s also a clear move toward data theft and extortion. If you run a business, ask yourself two things: Do I need ransomware insurance? If I have it, is … Read more
In this new episode of the Cyber Insurance News and Information podcast, executive editor Martin Hinton digs into how real breaches begin and why insurers care. The discussion is practical and fast-moving. It focuses on social engineering, weak assumptions, and the everyday gaps that turn into claims. You’ll hear how simple tactics can beat expensive … Read more
A new market update from broker Lockton lands with a split-screen message for buyers and underwriters. The cyber insurance market kept softening, even as the threat environment hardened. Insurers chased growth and fought for renewals. Brokers regained leverage on terms. Claims teams, meanwhile, faced heavier files and longer cleanups. Key Cyber Insurance Market Takeaways Incidents … Read more