OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long ...

The insurance industry in the United States is older than the nation itself. The first American insurance company was the short-lived Friendly Society of Charleston in 1735. The second, born from the ...

OLDWICK, N.J.--(BUSINESS WIRE)-- AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” of the property/casualty (P/C ...

CNA Financial Corporation, a major U.S. insurance company, has revealed that it paid a $40 million ransom after a March cyberattack, according to reports. The Chicago-based insurance giant on May 12 ...

Insurance company CNA Financial Corp. has suffered a cybersecurity attack and the company’s offline as of late Wednesday. The exact form of the attack is unknown. The company said on its website that ...

According to Bloomberg, the US insurance company shelled out $40 million in late March to regain control of its network following a two-week lockout. In order to put that payout in perspective, the ...

A Winding Road to Benefits From Long-Term Care Insurance After months of exchanges of information, a woman who had a stroke is denied benefits under a long-term care policy. Her son-in-law asks the ...

Ransomware attacks are nearly daily news in 2021 and there’s a reason why: It’s a lucrative business for cybercriminals who know that even if some of their targets won’t pay up, others will. Enter a ...

CNA’s website remained down Wednesday morning, three days after the Chicago-based insurance giant was hit with what it called a “sophisticated cybersecurity attack” Sunday. In a statement issued ...