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FAQInsurances - Latest News of Insurances

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  • G7 Reaches Deal to Shield US and UK Firms from Tax Hikes

    G7 Reaches Deal to Shield US and UK Firms from Tax Hikes

    July 02, 2025 | 09:16am

    The United States and the Group of Seven nations have reached an agreement to back a proposal that would exempt U.S. companies from certain elements of an existing global tax framework, according to a statement released by the G7 on Saturday.
  • Catastrophe-Driven Hedge Fund Strategy Embraces the Rising Parametric Trend

    Catastrophe-Driven Hedge Fund Strategy Embraces the Rising Parametric Trend

    June 30, 2025 | 10:43pm

    One of the most successful hedge fund strategies in recent years—insurance-linked securities—is embracing a classic concept that has suddenly surged back into favor.
  • Erie Insurance Restores Customer Online Access, Continues System Recovery Efforts

    Erie Insurance Restores Customer Online Access, Continues System Recovery Efforts

    June 30, 2025 | 09:08am

    Erie Insurance has restored customer access to online accounts, including billing services, as it continues to recover from its recent network outage.
  • Erie Insurance Faces Dual Class Action Lawsuits Alleging Data Breach

    Erie Insurance Faces Dual Class Action Lawsuits Alleging Data Breach

    June 17, 2025 | 09:20pm

    Erie Insurance is now facing not one, but two class action lawsuits while it continues to probe the recent cybersecurity breach.
  • Erie and Philadelphia Insurance Continue Efforts to Restore Network Systems

    Erie and Philadelphia Insurance Continue Efforts to Restore Network Systems

    June 16, 2025 | 09:03pm

    Erie Insurance reports making steady progress in restoring its computer systems, which have been offline since its information security team identified unusual activity on June 7.
  • Erie Insurance Attributes Network Outage to Cybersecurity Incident

    Erie Insurance Attributes Network Outage to Cybersecurity Incident

    June 13, 2025 | 09:20am

    On Wednesday, Erie Indemnity Co. announced that the ongoing network outage impacting all of its systems for the past five days was caused by a security-related incident.
  • Philadelphia Insurance Joins Insurers Reporting Network Outage

    Philadelphia Insurance Joins Insurers Reporting Network Outage

    June 11, 2025 | 09:26am

    Philadelphia Insurance Co. is currently facing a network outage impacting its operational systems.
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