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Insureds Increasing Cyber Limits on Renewal
The Council of Insurance Agents & Brokers (CIAB) “Cyber Insurance Market Watch Survey” reveals that the average cyber policy limit in the last six months has ...
Cyber Insurance Grew 35% in 2016
According to reports by A.M. Best and Fitch, property and casualty insurers wrote $1.35 billion in direct written premium for cyber insurance in 2016, a 35 ...
Massive Equifax Hack and Its Effects
Equifax, one of the nation’s three major data collection agencies, announced on Sept. 7 that hackers accessed the private information of about 143 million ...
Cyber Insurance Rates Drop
A report from Marsh has found that cyber insurance rates and prices in the United States declined in the second quarter of 2017, the second straight quarter ...
RIMS Survey on Cyber Risk
The 2017 RIMS Cyber Survey of 288 members reveals that organizations are buying more cyber insurance and spending more on cyber risk best practices...
Protect Your Agency From Major Worldwide Cyber Attack
A ransomware worm stopped factories, hospitals, shops, and schools across the globe over Mother's Day weekend, and some fear it could cause further ...
Draft of Cybersecurity Model Law Released
The National Association of Insurance Commissioners’ Cybersecurity Task Force has released a revised draft of the Insurance Data Security Model Law...
NAIC Advances Cybersecurity Model Law
At its summer National Meeting in Philadelphia, the National Association of Insurance Commissioners passed its Insurance Data Security Model Law through both ...