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Markets/Coverages: Mosaic Offers Cyber/Financial Institutions Cover for Digital Assets

Insurance Journal

Mosaic Insurance, the Bermuda-based global specialty insurer, has entered the digital asset market, launching a combined cyber and financial institutions (FI) crime product that provides robust protection to the rapidly growing, yet historically underserved sector. The new modular product suite …

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Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

The Security Service said it’s conducting a preliminary investigation into the crime … Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months.

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Former Baltimore County Insurance Agent Charged With Crimes for 4th Time

Insurance Journal

In the fourth set of criminal charges filed against him since last September, a former Baltimore County insurance agent and financial advisor has been charged with obstruction of justice and fabricating physical evidence, Maryland Attorney General Anthony G. Brown reported.

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Zurich, Cowbell Collaborate to Offer D&O, EPL, Crime, and Fiduciary to SMEs

Insurance Journal

Cyber insurer Cowbell said it has expanded its product portfolio to include a comprehensive multi-line insurance offering from Zurich North America within the United States. Building on its established success in cyber and technology errors & omissions (Tech E&O), Cowbell …

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Markets/Coverages: Liberty Specialty Markets, Baobab Offer E-Crime Cover for SMEs

Insurance Journal

Liberty Specialty Markets (LSM), a division of the US Liberty Mutual Group, and Baobab Insurance, a digital underwriter of technical risks, are offering a new joint e-crime insurance product for small and medium-sized enterprises (SME) in Germany and Austria. LSM …

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City’s Insurer to Pay $550K for Police Twice Wrongfully Arresting, Jailing Man

Insurance Journal

A Rhode Island city’s insurer will pay $550,000 to settle the case of a resident who was twice wrongfully arrested and jailed for a crime he did not commit. The American Civil Liberties Union (ACLU) announced the city of Woonsocket …

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. What is Commercial Property Insurance?