Cyber Risk News

NAPSLO Mid-Year Meeting Largest in Association’s History

The National Association of Professional Surplus Lines Offices (NAPSLO) held its mid-year meeting Feb. 24-27 in San Antonio, Texasโ€”the largest such meeting in the history of the association. Originally scheduled for last September, NAPSLO’s Annual Convention was canceled after the …

AIA Supports Credit-Based Insurance Scores in Underwriting and Rating

The use of credit-based insurance scores in underwriting and rating is an actuarially sound practice that carries benefits and responsibilities for insurers and consumers alike, the American Insurance Association said at the National Association of Insurance Commissioners (NAIC) meeting. “Credit …

Carpenter Moore Insurance Services Forms

San Francisco-based Carpenter Moore Insurance Services Inc. formed a Cyber Liability / Errors and Omissions Group to be headquartered in San Francisco. The team will be led by Kevin Ishizu and Manny Cho and will focus on errors and omissions, …

The St. Paul Companies Appoints Three Assistant Vice Presidents

The St. Paul Companies, the St. Paul, Minn.-based commercial property-liability insurer, announced the appointment of three assistant vice presidents to its Global Technology Underwriting business unit. The three new vice presidents are Thomas Arch, Jonathan Farber, and Jane Nicholson. Arch …

The St. Paul Companies Addresses Impact of E-Commerce

E-commerce, the Internet and technology are reshaping how business is done, yet, most companies do not understand how technology can impact their business, according to Kae Lovaas, president, Global Technology Underwriting, The St. Paul Companies. Lovaas addressed this issue with …

e-Sher, eRiskSecurity to Offer Electronic Commerce Risk Assessments

e-Sher Underwriting Managers, a proprietary facility of Sherwood Insurance Services, and eRiskSecurityT announced a strategic alliance to help companies reduce risk and minimize losses due to e-business-related accidents and attacks. The two companies will work together to offer brokers and …

AIG eBusiness Risk Solutions to Offer Antivirus, Internet Security Resources

AIG eBusiness Risk Solutions, a division of American International Companies, formed an alliance with Computer Associates International Inc. (CA) to help AIGnetAdvantage Suite(SM) insureds manage Internet security risks. According to the company, the alliance enables eligible AIGnetAdvantage Security and AIGnetAdvantage …

Changes, Challenges in EPL Arena Discussed at PLUS Symposium

Increased claims involving workplace violence, sexual harassment, identity theft and ADA issues are presenting many challenges to the Employment Practices Liability (EPL) marketplace, according to a panel of experts at the Professional Liability Underwriting Society (PLUS) LPL-EPL Insurance Issues Symposium, …

St. Paul Cos. Executive Discusses E-Commerce Risks at Cyber Conference

The lack of preparedness on the part of businesses to manage risks posed by the Internet, e-commerce and computer technologies was the theme of an address by Jon Farber, senior underwriting director, The St. Paul Companies at the recent “Cyber …

Lloyd’s and Tripwire Inc. to Sponsor Insurance and Technology Forum

A forum designed to educate corporate risk officers, risk managers, CFOs and CIOs as to the risk exposures inherent in e-commerce and new technologies will be sponsored by Lloyd’s and Tripwire Inc. in New York City on June 26 and …