Two-thirds of small and medium business leaders in the United Kingdom are not aware of what directors & officers insurance is, according to new research by Allianz Insurance, one of the largest general insurers in the UK and part of …
This year’s “Hot Markets” report for property/casualty insurance agents and brokers includes some not-so-usual suspects along with tried-and-true markets enjoying growth. Insurance Journal examined industries experiencing recent change and expansion. Here are the top market sectors that promise opportunities for …
The New York State Department of Financial Services (NYDFS) issued a report Thursday that found significant potential cybersecurity vulnerabilities with banks’ third-party vendors. New York regulators noted that banks rely on third-party vendors for a broad range of services — …
New York Attorney General Eric Schneiderman will propose legislation on Thursday that he says would make the state’s data security law the strongest in the country and require “unprecedented safeguards” for personal data. Schneiderman’s proposal seeks to broaden the scope …
Boston Children’s Hospital (BCH) has agreed to pay $40,000 and take steps to prevent future security violations following allegations related to a data breach that affected patient information, Massachusetts Attorney General Martha Coakley announced Friday. The consent judgment, entered Friday …
Liberty Mutual Insurance has launched cyber coverages on its commercial package products and monoline general liability policies for small- to mid-sized businesses. The new Data Security endorsement provides four optional coverages, each with separate and varying aggregate limits, sub-limits, and …
A Rhode Island hospital has agreed to pay $150,000 in Massachusetts after losing backup tapes that contained the personal information of more than 12,000 Massachusetts residents. Massachusetts Attorney General Martha Coakley announced the agreement with Women and Infants Hospital in …
The vendor operating Connecticut’s health insurance marketplace call center took responsibility Monday for an employee leaving behind a backpack containing personal information of hundreds of clients outside a downtown Hartford deli, saying it was an inadvertent mistake and the worker …
A newly discovered bug in widely used Web encryption technology has made data on many of the world’s major websites vulnerable to theft by hackers in what experts say is one of the most serious security flaws uncovered in recent …
Endurance Specialty Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has enhanced its Endurance Premier Professional product with Endurance Breach Assist, a network security and privacy offering. Endurance Breach Assist provides insureds with comprehensive coverage …
