To improve cyber preparedness and help companies recover from cyberattacks, it’s essential that the takeup rate for cyber insurance continues to rise. The insurance capacity plainly exists to write virtually all of the risks for which the market currently seeks …
The takeup rate of cyber insurance is rising, but the market’s growth to date has been uneven. Anne Hobson, a technology policy fellow at the R Street Institute, may have a solution to that problem. She proposes that the federal …
Insurance regulators are a diverse bunch. Some are elected, while others are appointed. Some are Republicans, while others are Democrats. At the triennial meeting of the National Association Insurance Commissioners in San Diego, regulators were united in their interest and …
Insurance is about information. Outside of the technology industry itself, few sectors are better situated to seize the advantages of so-called “big data” than insurance. Such was the consensus of a panel presenting before the Property/Casualty Insurance Committee of the …
Oklahoma lawmakers are in the early stages of considering legislation to create a state-level “earthquake reinsurance program” that its author claims will be modeled on the California Earthquake Authority. S.B. 1497, sponsored by Sen. Clark Jolley, R-Edmond, was introduced early …
Canute was a king of Denmark who ruled over an empire that included large parts of Sweden, all of Norway and almost all of England. He ruled over person and property alike. He ruled over the land and sought to …
There’s a good chance that you are paying more for repairing your vehicle after an accident than you need to be. A new study has found that car parts produced and sold by the car’s manufacturer – known commonly as …
Sometimes, small victories are worthy of celebration. A qualified celebration of just that variety is in order at the California Department of Insurance headquarters in Sacramento to mark the relative improvement in the state’s insurance regulatory environment and what the …
Cyber insurance, international regulatory efforts, the sharing economy and the successful state credit-scoring model dominated the agenda of this past week’s National Conference of Insurance Legislators meetings in San Antonio, the state lawmakers group’s final meetings of the year. NCOIL …
Landslides are a problem for which the United States has yet to come up with an answer. A recent essay by Penn State University law professor Christopher C. French – titled “Insuring Landslides: America’s Uninsured Natural Catastrophes” – offers a …
