hostile act exclusion News

Russian Invasion of Ukraine, Cyberattacks, and War Exclusions in P/C Policies

The Russian invasion of Ukraine may result in cyberattacks causing widespread and severe losses, in those nations and beyond. Even before the current invasion, some Russian cyberattacks aimed at Ukraine spread to other nations. The most prominent of these was …

Russian Cyberattacks May Test Insurer War Exclusion Policy Language

The Russian invasion of Ukraine has increased the risk of cyberattacks and potential claim costs for property/casualty (P/C) insurers globally that offer cyber coverage, the majority of which is underwritten in North America. Such attacks may also further test the …