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Binance Restarts Withdrawals as Questions Linger on Record Hack
Binance began restoring customer withdrawals Sunday after hackers drained over $6 billion in the biggest cyber theft ever recorded, as the crypto industry awaits answers on the breach blamed on North Korea and steps to strengthen the exchange’s defenses. The …
POSTED NOVEMBER 01, 2026 12:40 PM |
Binance’s $6.3 Billion Hack: How Crypto Insurance Works
Hackers stole $6.3 billion from Binance in the world’s biggest crypto heist, putting a spotlight on how cryptocurrency exchanges insure their digital assets against theft and cyberattacks. But insurance protection is far from uniform. Coverage depends on how assets are …
POSTED OCTOBER 30, 2026 4:36 PM |
Some Trends Signal Potential Hope for US Commercial Auto: AM Best
A $2.2 billion underwriting loss in 2025 certainly isn’t anything to celebrate, but when it comes to U.S. commercial auto insurers, there may be a reason to crack a smile. According to a new report from AM Best, the loss …
POSTED OCTOBER 30, 2026 3:45 PM |
Markel Expects to See Runoff Certainty With Enstar’s $1.2B Adverse Development Cover
Markel Group has entered into a reinsurance runoff agreement with Enstar Group, the legacy acquisition specialist that is providing $1.2 billion of adverse development cover for underwriting years 2025 and prior. “[W]e are taking decisive action on legacy exposures,” said …
POSTED OCTOBER 30, 2026 3:18 PM |
Opterrix Launches AI-Powered Portfolio Management Workflow
Opterrix, a proactive risk intelligence and exposure management platform, this week launched Opterrix Portfolio Management, a new AI-powered workflow designed to help insurers gain a better understanding of their entire portfolios and make more informed underwriting and portfolio management decisions. …
POSTED OCTOBER 30, 2026 3:18 PM |
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