Cyber Risk News

Cyber Risk

Nuts & Bolts: ISO introduced a new line of insurance to cover cyber risk. The new program includes policy contract forms, underwriting rules, loss costs (projections of future claims) and an advisory application supplemented by an advisory underwriting guide. The …

Texas AG Warns Businesses About Security Breaches and Consumer Identity Theft

Texas Attorney General Greg Abbott on March 14 sent an urgent message to all Texas businesses that manage databases with sensitive personal information on citizens to immediately undertake measures to ensure the security of the data. “Recent events in California, …

American Wholesale Insurance Group Adds Pritchard to Financial Risk Specialist Team

American Wholesale Insurance Group (AmWINS) has hired veteran Andrew Pritchard to lead the efforts of AmWINS’ Financial Risk Specialist Team (FIRST) in pioneering innovative insurance solutions for the global Asset Management industry, including but not limited to, Hedge Fund, Investment …

Jardine Lloyd Thompson Secures Lloyd’s of London Protection for Financial, Healthcare Sectors

JLT Risk Solutions Ltd. and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc, reported insurance capacity has been secured within the Lloyd’s of London market to provide new insurance protection for two of the most heavily regulated …

Targeting Generations X and Y: How to Attract and Retain Young Customers

Are you a baby boomer? Or do you consider yourself a Gen Xer? Or are you a part of the youngest generation, Generation Y? No matter what your age, as an agent or broker, a sure way to grow your …

TDI Issues Bulletin to Insurers Regarding ChoicePoint Inc. Release of Information

Insurers who use credit scoring in underwriting and rate setting must take into consideration a recent security breach at the data collection company ChoicePoint Inc., according to a bulletin issued by the Texas Department of Insurance. The Georgia company has …

Jardine Lloyd Thompson Secures Lloyds of London Ins Protection to Financial & Healthcare Sectors as Identity Theft Grows

London: JLT Risk Solutions Ltd and Jardine Lloyd Thompson LLC, part of Jardine Lloyd Thompson Group plc (JLT.LN) said today insurance capacity has been secured within the Lloyd’s of London market to provide new insurance protection for two of the …

Texas Lawmaker Files Bill in Response to ChoicePoint Security Breach

The Texas House of Representatives reported that on the heels of the revelation of a major security breach at data broker ChoicePoint, State Rep. Eddie Rodriguez, Austin, has introduced a measure to give Texas consumers the right to know when …

Cyber Risk

Nuts & Bolts: This new program from ISO includes policy contract forms, underwriting rules, loss costs (projections of future claims) and an advisory application supplemented by an advisory underwriting guide. While some cyber risk protection has been available as subcoverage …

Targeting Generations X and Y: How to Attract and Retain Young Customers

Are you a baby boomer? Or do you consider yourself a Gen X’er? Or are you a part of the youngest generation, Generation Y? No matter what your age, as an agent or broker, a sure way to grow your …