RIMS 2016: Travelers CGL Data Breach Ruling Won’t Impact Cyber Market

April 13, 2016

What will be the effect of this week’s federal court ruling that Travelers Indemnity, under its commercial general liability (CGL) coverage, must defend an insured sued due to a medical records data breach? Cyber insurance expert Stephanie Snyder, senior vice president for Aon Risk Solutions, says the ruling was more about “publication” than cyber and it only addressed defense costs, not expenses, in this update from the RIMS conference in San Diego.

Topics Cyber

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Latest Comments

  • April 18, 2016 at 12:14 pm
    Pedro says:
    What's going to happen when the attorneys try to stack the cyber limits along with the CGL limits? That will get someone's attention.
  • April 13, 2016 at 6:05 pm
    Yogi Polar Berra says:
    Yes, until some major carrier breaks rank with the tide and opts to cover it, AFTER the tidal wave of claims subsides a bit.
  • April 13, 2016 at 2:17 pm
    Agent says:
    Just watch the manuscript exclusions fly from all the standard markets.

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