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.
These were the badly handled data breaches of 2024
TechCrunch has summarized major data breaches from 2021. Key examples include: genetic testing giant 23andMe losing data for close to 7 million customers and blaming
