The softening D&O market has continued into 2023, with 91% of our clients experiencing a cost reduction in their renewal in the first half of the year. Self-insured retentions have also continued to fall. The soft market is a...more
9/6/2023
/ Class Action ,
Contract Renewal ,
Cybersecurity ,
D&O Insurance ,
Disclosure Requirements ,
Insurance Claims ,
Insurance Contracts ,
Insurance Industry ,
Insurance Rates ,
New Rules ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Securities Violations ,
Self-Insured Retention Provisions ,
Webinars
In 2022, Delaware approved using captives for D&O insurance, paving the way for Meta (the parent company of Facebook and Instagram) to put Side A coverage in its pre-existing traditional captive. Meta is the first...more
After two years of volatility, cyber liability prices finally appear to be normalizing due to factors that include a downturn in price increases and a lower frequency of ransomware attacks in 2022—all of which have resulted...more
DELAWARE LEGISLATURE UPDATE -
Big News: On January 27th, the Delaware Legislature passed legislation making captive insurance a real alternative to traditional D&O insurance. Overtime, this should reduce the costs of D&O...more
Cyber liability insurance is becoming more ubiquitous, more unpredictable, and in some cases more confusing than ever, which makes understanding your risk even more critical in 2022.
Join Woodruff Sawyer experts Dan Burke,...more
1/19/2022
/ Cyber Attacks ,
Cyber Insurance ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Security ,
Insurance Brokers ,
Insurance Industry ,
Popular ,
Ransomware ,
Risk Management ,
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