cyber coverage News

Connecticut Court Denies Personal Injury Claim in IBM’s Loss of Computer Tapes

The Connecticut Supreme Court this week upheld a lower court’s ruling that Federal Insurance Co. and Scottsdale Insurance Co. are not required to defend or indemnify the insureds for the loss of computer tapes that exposed personal information of some …

Liberty Mutual Announces Flexible Cyber Coverage Packages

Liberty Mutual Insurance announced that is now offering flexible 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 …

Cyber Coverage Experiences Growing Pains

In light of businesses increasing usage of information assets and advancing technology insurers are pulling away from cyber coverage, according to Kevin Kalinich, global practice leader of cyber risk insurance at Aon Risk Solutions. “A big misconception is that these …