
The Imminent Death And Rebirth Of Cyber Insurance
We wake up every day to a pattern of record ransoms being paid as well as record increases in cyber-insurance cost. The Bloomington School District in Illinois published its cyber-insurance renewal costs and reported a whopping 334% increase in premiums.
February 24, 2022
Excess & Surplus Lines
Insurance Industry
Technology

Industrial Cybersecurity: Be Informed, Be Very, Very Informed
Thanks to high-profile hacks with visible, real-world consequences like the Colonial Pipeline hack, 2021 will be remembered by many as the year cybercrime prevention started to actually matter.
February 24, 2022
Excess & Surplus Lines
Risk Management
Technology

What Enterprises Should Learn From Merck’s $1.4B Insurance Lawsuit
Earlier this month, pharma-giant Merck won a $1.4 billion lawsuit over insurance companies’ duty to pay for the damages stemming from the 2017 NotPetya cyberattack.
February 23, 2022
Excess & Surplus Lines
Risk Management

Cyber Insurance’s Battle With Cyberwarfare
Cyber war is at our digital doorsteps—and if some observers are to be believed, has crossed the threshold and entered our daily existence. While it’s certainly true that nation-states across the world now approach cyberspace as another operational domain, what actually constitutes a declaration of war in this dimension is the subject of heated debate.
February 23, 2022
Excess & Surplus Lines
Risk Management

Builders Risk: Acts of God
All insurance professionals have heard of "acts of God" relative to insurance. But what does this phrase mean, and what implications are there for builders risk insurance?
February 18, 2022
Excess & Surplus Lines
Risk Management
Litigation Increases US Commercial Auto Insurance Costs
According to a new report from Insurance Information Institute (Triple-I), social inflation has increased claim payouts for commercial auto insurance liability in the US alone by over $20 billion between 2010 and 2019.
February 16, 2022
Auto
Excess & Surplus Lines

Fire Rages Through Luxury Apartments Under Construction In Oklahoma City
Oklahoma City firefighters battled a large commercial fire at NW 63 and Western Tuesday night and into Wednesday. OKCFD Chief Benny Fulkerson said the structure was a large under-construction apartment complex.
February 9, 2022
Excess & Surplus Lines
Property
Oklahoma
Merck’s $1.4B Insurance Win Splits Cyber From ’Acts Of War’
Merck & Co.‘s victory in a legal dispute with insurers over coverage for $1.4 billion in losses from malware known as NotPetya is expected to force insurance policies to more clearly confront responsibility for the fallout from nation-state cyberattacks.
January 21, 2022
Excess & Surplus Lines
Litigation
New Jersey

Cargo Theft Patterns Shift Away From Moving Targets
The risk of theft from storage facilities has increased over the last few months in the United States, according to a report from freight insurance company TT Club and business improvement and standards firm BSI.
January 20, 2022
Excess & Surplus Lines
Cargo Theft From Union Pacific Trains Rampant In Los Angeles
A section of the Union Pacific train tracks in downtown Los Angeles has been littered with thousands of shredded boxes, packages stolen from cargo containers that stop in the area to unload.
January 14, 2022
Excess & Surplus Lines
California

Fire At ExxonMobil Refinery, Four Employees Injured
Harris County Fire Marshal’s officials are investigating an overnight fire at the ExxonMobil’s Baytown refinery that left four people injured.
December 23, 2021
Excess & Surplus Lines
Workers' Compensation
Texas

Insurer Wants Claims From 2019 Pileup Consolidated In Federal Court
The insurer of the tractor-trailer truck whose driver, according to state police, caused a 59-vehicle pileup on Interstate 80 in December 2019 wants all claims from the crash resolved in federal court.
December 16, 2021
Excess & Surplus Lines
Liability
Litigation
Pennsylvania

5 Top Cyber Claims We Can Expect In 2022
The cyber landscape has undergone a dramatic transformation since the onset of the pandemic. Industries large and small are caught in the crosshairs of increasingly sophisticated attacks. Continued work from home has only increased what’s at stake for all businesses.
December 14, 2021
Excess & Surplus Lines

How To Protect Mobile Device Evidence After Trucking Accident Claims
The aftermath of a motor carrier accident can be a harrowing experience. It is common knowledge that photos; witness statements; alcohol and drug testing; electronic logs; and electronic control module (ECM) data must be collected and preserved amid this chaotic scene.
December 10, 2021
Excess & Surplus Lines

If The Federal Government Legalizes Cannabis, Here Are The Insurance Implications
In his 2015 stand-up special The Comeback Kid, stand-up comedian John Mulaney joked that the government had ‘[become] like cool parents’ when it came to marijuana. It’s a claim many an onlooker would agree with.
November 17, 2021
Excess & Surplus Lines
Legislation & Regulation
Liability
Property
Workers' Compensation



