November’s roundup of key developments in the insurance industry includes a data breach that impacted over 800,000 Liberty Bankers Insurance Group policyholders, a significant increase in collision claims for battery electric vehicles, and California’s ongoing halt on insurance non-renewals based on wildfire risk. Other highlights include a sharp rise in Medicare Part B premiums outpacing Social Security’s cost-of-living adjustment, and regulatory troubles for USAA’s banking arm.
Kaspersky reports 135% rise in crypto-drainer discussions
Research by Kaspersky saw a 135% rise in dark web discussions about crypto-drainers, malware used to steal digital currency, between 2022 and 2024. Cybercriminals are
