Equifax Breach Could be Costliest Yet at $439M; Insurance to Cover $125M March 4, 2018 By Jim Finkle and John McCrank Equifax Inc. said it expects costs related to its massive 2017 data breach to surge by $275 million this year,...
Agent and Carrier Strategies and the Future of Cyber Insurance March 2, 2018 By Andrea Wells More than 20 years ago, Steven Haase wrote the first cyber insurance policy. Haase told Insurance Journal the story of...
Pool Re Extends Retrocession Program to $2.9B with Cyber Terrorism Now Covered March 1, 2018 Pool Re announced it has renewed its retro program and extended the cover to include material damage and direct business...
What Agent Who Wrote First Cyber Policy Thinks About Cyber Insurance Now March 1, 2018 By Andrea Wells It was more than 20 years ago. The Internet as it is known today was in its infancy. Steven Haase...
Commercial Insurance Prices Rise in Q4 2017, Reversing 4½ Years of Rate Cuts: Marsh February 28, 2018 Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely...
Global Directors Beware: Are You Ready for EU’s Data Protection Regulation? February 26, 2018 By Keith Daniels On May 25, 2018, the European Union (EU) General Data Protection Regulation (GDPR) will go into effect in the 28...
Cyber Risk Management Fails to Measure Up to Escalating Cyber Risks: Marsh, Microsoft February 16, 2018 Few organizations are highly confident in their ability to manage the risk of a cyber attack, despite viewing cyber security...
Nearly 75% of Organizations in 5 Countries Fail in Cyber Security Readiness: Hiscox February 7, 2018 Major shortcomings exist in cyber security readiness for nearly three-quarters (73%) of more than 4,100 organizations in five countries, despite...
Allianz, Aon Offer Cyber Insurance Discounts for Apple, Cisco Customers February 5, 2018 By Suzanne Barlyn Apple Inc. and Cisco Systems Inc. have teamed up with insurer Allianz SE to offer discounts on cyber insurance to...
Cyber Insurance Claims from Fraudulent Instruction Scams Rise: Beazley February 5, 2018 Organizations are being forced to deal with an increased threat to their operations from fraudulent instruction scams, according to specialist...