With the potential addition of autonomous cars and trucks to commercial fleets, commercial insureds should reassess coverage under their commercial auto, products liability, and cyber insurance policies. Automation,...more
4/5/2018
/ Artificial Intelligence ,
Automation Systems ,
Cyber Insurance ,
Cybersecurity ,
Driverless Cars ,
Errors and Omissions Policy ,
Insurance Industry ,
Liability Insurance ,
Manufacturers ,
Policy Terms ,
Robotics ,
Technology Sector
Due to the dramatic increase and changing nature of cyber risks, mergers and acquisitions due diligence should expand to address cyber risks, available risk mitigation practices, and available insurance. Acquiring companies...more
1/29/2018
/ Business Interruption ,
Computer Fraud Insurance ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Protection ,
Due Diligence ,
Employee Training ,
Incident Response Plans ,
Information Technology ,
Insurance Industry ,
Malware ,
Policy Terms ,
Popular ,
Ransomware ,
Risk Management ,
Risk Mitigation
Allianz’s yearly survey of nearly 2,000 risk experts from 80 countries highlights business interruption and cyber incidents as the top two major threats for companies through 2018 and beyond. Forty-two percent of responses...more
On November 17, 2017, a U.S. district court in Florida narrowly construed personal and advertising injury coverage for data-breach claims under a commercial general liability policy. In Innovak International, Inc., v. The...more
11/28/2017
/ Advertising Injury ,
Claim Denial Letters ,
Class Action ,
Commercial General Liability Policies ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Duty to Defend ,
Insurance Industry ,
Negligence ,
Personally Identifiable Information