Medical Protective to Offer No Cost Cyber Liability Coverage

February 22, 2011

  • February 28, 2011 at 12:06 pm
    Ed McGuire says:
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    No Cost!! First Party post-breach notification expenses are astronimical. Healthcare has had more records compromised per event than any other industry segment. The potential penalties being imposed by HHS for violations of HIPAA’s Privacy and Security Rule, etc. are very large in many cases.

    I wish this new entrant into the marketplace the best, but once they have to start ponying up the costs for these expenses they are going to realize quickly they may need to reconsider their “no cost” position.

Add a Comment

Your email address will not be published. Required fields are marked *