News
Introducing 2.0
Social media is revolutionizing the way we communicate. Yet these new media companies are operating in an uncertain and ever changing legal environment. 2.0 has been specifically designed to provide comprehensive protection for this new breed of media company....
ALERT: FBI Investigates $9 Million ATM Scam
Photos from security video obtained by Fox 5 show of a small piece of a huge scam that took place all in one day in a matter of hours. According to the FBI , ATMs from 49 cities were hit -- including Atlanta, Chicago, New York, Montreal, Moscow and Hong Kong. "We've...
ALERT: Proposed Updates to the HITECH Act Will Affect Your Company
These days the ground under physicians’ feet is constantly shifting. The recent historic passage of Patient Protection and Affordable Care Act, or health care reform bill, has set the stage for some of the most significant changes to the U.S. health care system in a...
News from INSUREtrust partner, Beazley Insurance
News, opinions and analysis to assist in professional liability risk management from the Technology, Media and Business Services Group. From the underwriting desk Are your clients encrypting portable devices? If your clients are not encrypting data stored on portable...
ALERT: Insurer Not Liable for $3.3M data breach
An Englewood, Colo., insurance company has filed a federal lawsuit contending that it isn't responsible for reimbursing the University of Utah for $3.3 million in costs related to a 2008 data breach caused by a third-party service provider. The lawsuit, filed in a...
News from INSUREtrust partner, Beazley Insurance
News, opinions and analysis to assist in professional liability risk management from the Technology, Media and Business Services Group. From the underwriting desk Best's Review Al Slavin of Best's Review recently interviewed Beazley underwriter Nick Economidis...
Red Flags: No Delay for Credit Unions
A new agreement to delay ID Theft Red Flags Rule enforcement for physicians does not impact the current date for state-chartered credit unions. The Federal Trade Commission (FTC) on June 25 signed a court-approved agreement to hold off on enforcing the Red Flags Rule...
From the Desk of Steve Haase at INSUREtrust
INSUREtrust has been offering cyber liability insurance to real estate firms for a long time. Many do not realize that they have cyber exposures. We have previously written about phishing scams, which often target real estate firms that have large escrow and/or...
The New Age of Cyber Risk
In the first part of this article we discussed some of the emerging cyber risks in today’s business world and explained some of the key differences between a specialized cyber risk policy and a standard Commercial General Liability (CGL) policy. In this second part,...
The New Age of Cyber Risk: Part II (2 of 2)
Since its inception in 1973, the Commercial General Liability policy has been amended several times, allowing it to modestly adjust to the ever-changing business world. Several of these amendments were introduced to specifically address e-commerce (Malecki, 2005).
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