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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

China’s quest for “independence from the West” has led it to conduct state-sponsored campaigns of “cyber espionage and intellectual property theft,” Lior Div told cyber security firm ExtraHop. Merck won an appeal against and ultimately settled the coverage dispute with its insurers.

Cyber 53
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Is Your Website Safe? How To Stay Secure Amid Increasing Cyber Threats

Neilson Marketing Services

At Neilson Marketing Services, we provide secure website hosting tailored to the specific needs of the insurance industry. Such breaches can lead to identity theft, legal ramifications, and irreparable damage to your reputation. What Is the Most Secure Way To Host a Website for Insurance Professionals?

Cyber 105
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Why Finding Homeowners Insurance in California is So Challenging in 2024:

Jackson & Jackson

One important aspect of homeowners insurance is that it not only protects the physical structure of the home but also extends coverage to personal belongings inside the property. Furthermore, technological advancements have also played a role in shaping the insurance industry.

Insurer 52
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Cannabis Industry Prospects Brighten;Risks, Challenges Remain

Triple-I: Workers Compensation

Similar federal “safe harbor” legislation for the insurance industry – the Clarifying Law Around Insurance of Marijuana Act (CLAIM Act) – was introduced last month. The CLAIM Act would let these businesses obtain insurance to cover the same risks of theft, damage, injury, loss, and liability as all other businesses.

Risk 40
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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals.

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Understanding Multi-Family Property Insurance in California.

Jackson & Jackson

With the right insurance coverage, investors can mitigate financial losses resulting from unforeseen events such as fires, storms, theft, or vandalism. A comprehensive insurance policy that includes essential coverage, such as fire, theft, and liability, is crucial.

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LGBTQIA+ Homeownership Gap May Be Fueling Insurance Protect Gap

Triple-I: Homeowners Insurance

They can face serious financial risks in the event of a loss, theft, disaster, or personal liability event. There are several reasons attributable to this difference, but it’s essential to keep one at the forefront: insurance coverage requirements are commonplace in mortgage agreements but not in lease agreements.