South Carolina has become the first state to pass a cybersecurity bill requiring any insurance entity operating in the state to establish and implement a cybersecurity program protecting their business and their customers from a data breach. And while the …
A small business owner and cybersecurity professional frustrated by the complicated cyber coverage buying process decided to take matters into his own hands – he became a cyber insurance broker. “I wanted to solve the cyber insurance problem for small …
Insurers in the cyber insurance segment have enjoyed exponential growth in the market over the last 10 years, and that is expected to continue as the world becomes even more connected via the internet. But while the growth in business …
West Virginia’s Division of Highways says it will take additional steps to increase safety in the Interstate 64 work zone between Milton and Hurricane. Media reports say the steps were spurred by a rash of at least 25 crashes, including …
INSUREtrust has added Brady Kinkade as a Professional Lines account manager on the production team of Executive Vice President Christiaan Durdaller. Kinkade’s experience in the insurance industry comes from his tenure at Sompo International, where he held both administrative and …
Policymakers need to find a way to get banks involved in property mitigation if Florida is to improve its hurricane resiliency, according to a former state insurance commissioner. Banks are currently unmotivated to protect mortgages through mitigation because the government …
Citizens Property Insurance Corp. says it has reopened about 37 percent of its Hurricane Irma claims, according to a statement from the Florida insurer of last resort. The insurer says the reopening of claims is part of ongoing efforts to …
Editor’s Note: This story has been updated from a previous version with comment from the CFO’s office. Florida Chief Financial Officer Jimmy Patronis wants to see requirements put in place for those lobbying the state-run insurer of last resort, Citizens …
The National Weather Service confirms six tornadoes hit Mississippi on Saturday. Tornadoes were reported in Lafayette, Lamar, Lauderdale, Rankin and Winston counties. Surveyors say damage in Lowndes County was caused by a thunderstorm. The Lauderdale storm stretched for 8.5 miles …
Great American Insurance Company and RPX Insurance Services, LLC (RPXIS), a wholly owned subsidiary of RPX Corporation, have entered into a limited binding authority agreement. Under the terms of the agreement, RPX Insurance Services, which specializes in patent litigation insurance, …
