Yearly Archives: <span>2014</span>

Cyber Coverage Demand Increased Significantly in 2013, Trend to Continue in 2014: Marsh

Demand for cyber insurance rose by 21 percent across all industries in 2013 compared to 2012, and early indications in 2014 are that the buying trend is accelerating, according to a Marsh Risk Management Research report. Marsh found that financial …

Declarations

New Team “For many New Yorkers, it’s been the worst 17 months of their lives.” —New York City Mayor Bill de Blasio on challenges faced by New Yorkers who are still recovering from Superstorm Sandy. The mayor on March 29 …

Business Moves

Marsh & McLennan, Capstone Marsh & McLennan Agency LLC (MMA), a subsidiary of insurance broker Marsh LLC, has acquired Capstone Insurance Services LLC, a $1.8 million revenue agency located in Greenville, S.C. Terms of the transaction were not disclosed. Founded …

The Specialized Risks of Special Events

As the days of spring get longer and the weather warms into summer, communities and towns across the country will come out of hibernation and celebrate – with fairs, festivals and open air festivities. Memorial Day, Independence Day and outdoor …

IPCC Concludes Climate Change is Irreversible, Effective Responses Needed

The Intergovernmental Panel on Climate Change (IPCC) has issued its latest report, which states that “the effects of climate change are already occurring on all continents and across the oceans. The world, in many cases, is ill-prepared for risks from …

The Rising Score of Youth Sports Head Injury Claims

Last year, the NFL agreed to settle a concussion lawsuit filed by former players for $914 million. As concussion-related lawsuits continue to be filed against professional sports teams, equivalent claims and litigation will soon be seen in a variety of …

What’s Next for Cyber Insurance?

Back to the Beginning: Moving Beyond Breaches There’s a saying in the cybersecurity industry that there are two types of businesses today: Those that have been breached and know it and those that have been breached and just don’t know …

Infrastructure Cybersecurity

As the world increasingly becomes interconnected through technology and the internet the risks of cybersecurity and cyber terrorism have become increasingly real as well. Everything from aviation to manufacturing to national infrastructure is in some way connected to the internet. …

5 Vital Elements Agents Should Review to Ensure Safer Live Events

Safety should be the top priority for every live event producer as well as for the agents who write policies for their production clients. This includes safety for guests, for workers, and for all of the temporary structures and equipment …

My New Markets

My New Markets is brought to you by Insurance Journal’s sister website: www.mynewmarkets.com Need a Market? Find it. FAST. Florida Agriculture Bond Market Detail: Smith Insurance & Bonds’ offers coverage to meet the agricultural products dealer bond required in the …