Abortions, Drug Use Exposed in Cyber Attack on Australian Health Insurer Medibank November 14, 2022 By Jamie Tarabay When the Australian health insurer Medibank Private Ltd. was hit with a ransomware attack last month, it provided regular updates...
40 States Obtain $16M Settlements with Experian, T-Mobile Over Data Breaches November 8, 2022 A coalition of 40 state attorneys general has obtained two multistate settlements for $12.67 million with credit data firm Experian...
Global Insurance Rates Continue Rising at Slower Levels; Cyber Outpaces Other Lines October 27, 2022 Global insurance pricing continued to rise, although at a slower pace, during the third quarter, which saw commercial insurance premiums...
New York’s $4.5M Cybersecurity Settlement with EyeMed Bars Insurance Recovery October 19, 2022 By Andrew G. Simpson Health insurance company EyeMed Vision Care LLC will pay a $4.5 million penalty to New York State for violations of...
Broker Marsh Says it Has Optimism for Continued Cyber Market Stabilization October 14, 2022 In its latest update of the cyber market, broker Marsh said there are signs of improvement, with average rate increases...
Cyber MGA Coalition and BDT Capital Partners Launch Bermuda Reinsurer Ferian Re October 13, 2022 Coalition, the San Francisco-based cyber insurer and cyber-security firm, announced the formation of Ferian Re, an independent Bermuda-based Class 3B...
Cyber MGA Resilience Launches UK Operation September 28, 2022 Resilience, the San Francisco-based cyber managing general agent, has launched an operation in London to serve the UK market. In...
Lloyd’s Gives Green Light to Asta-Managed Trium Cyber Syndicate 1322 September 14, 2022 Asta, the third-party managing agent at Lloyd’s, announced that Trium Cyber, a new risk carrier backed by Jim Stanard’s Pelican...
KeyBank Reports Hackers of Third-Party Provider Stole Customer Data September 6, 2022 By Frank Bajak Hackers stole personal data including Social Security numbers, addresses and account numbers of home mortgage holders at KeyBank, the bank...
Cyber MGA Coalition Launches in UK Insurance Market September 6, 2022 Coalition, the San Francisco-based cyber managing general agent, began trading in the UK, effective Sept. 1, and has opened a...