Hiscox has launched phase two of their Hiscox Professional Liability Portfolio, adding two additional coverage options to the existing portfolio. Professional services firms can now add crime and data breach and privacy security liability, in addition to general liability coverage …
Ryan Specialty Group’s Think Risk has launched [in]TELLIGENCE to address evolving and often overlooked operational exposures coming from technology and its effect on businesses. Recent surveys have reported that more than half of small to mid-size U.S. firms have already …
MetLife Auto & Home has enhanced its identity protection services to include assistance for digital threats, such as e-mail and social media compromise, as well as data breach victim assistance. The services are provided as part of the company’s identity protection program, …
The Hartford Steam Boiler Inspection and Insurance Co. (HSB), part of Munich Re, has launched HSB CyberOne, a new cyber risk insurance coverage for small businesses. The new product expands HSB’s suite of products and services designed to protect smaller …
Liability claims for improper uses of Minnesota’s driver’s license database could reach several million dollars. Many cities, counties and state agencies involved in recent privacy breaches are backstopped by insurance and rainy-day funds that would soften the blow of potential …
The State Auto Insurance Cos. have created a new data breach policy called Data Compromise Plus to address this growing coverage need faced by small businesses. Data Compromise Plus automatically includes coverage for defense, liability and identity recovery, in addition …
ACE USA has introduced a new option for ACE privacy protection policyholders through enhancements to its data breach team endorsement. The new data breach fund sidecar endorsement eliminates tiered sub-limits and provides a single data breach fund limit, one that …
The insurance industry has wrestled with the best way to respond to all the different privacy and security exposures businesses face in the current tech-heavy world. Since it first came out in the late ’90s, cyber coverage has evolved from …
Insurers now have access to a new sample endorsement they can use to provide “data breach” coverage to small- and mid-sized commercial accounts. The American Association of Insurance Services (AAIS) has released the sample endorsement under its business owners program …
The South Carolina Supreme Court has ruled a man’s privacy was not violated when his wife’s daughter-in-law managed to get into his email and find out the name of his lover because the messages remained in his inbox. In their …
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