Risk Management

Will Governments Step In When Cyber-Insurance Isn’t Available?

Will Governments Step In When Cyber-Insurance Isn’t Available?

Premiums for cyber insurance rose almost 50 percent in 2022, but they aren’t keeping up with the cost of attacks. […]

Uniform Trade Practices Act and Insurers

Uniform Trade Practices Act and Insurers

A bill working its way through the Michigan Legislature creates a bad faith cause of action against insurers for not […]

Siemens Energy and British Airways Victims of Monster Data Breach

The Social Security numbers, birth dates, driver’s license numbers, health insurance claims, medical history notes, prescription information and other PII […]

Rightsizing the Risk Function

Rightsizing the Risk Function

According to a McKinsey report, chief risk officers in the financial industry are being asked to concentrate more on efficiency […]

Takeaways From the SEC’s Cybersecurity Risk Management Report

Takeaways From the SEC’s Cybersecurity Risk Management Report

The SEC finalized its disclosure rules for cybersecurity risk management, strategy, governance, and incidents on July 26th. A proposed requirement […]

D&O Penalties For Disclosure Failures On SEC Questionnaires

D&O Penalties For Disclosure Failures On SEC Questionnaires

In June, the SEC settled charges against Stanley Black & Decker Inc., for allegedly failing to disclose perquisites and personal […]

Workers Comp Now Covers PTSD Claims In Connecticut

Workers Comp Now Covers PTSD Claims In Connecticut

On June 12 the Governor of Connecticut signed a law that makes post-traumatic stress “injuries” presumptively compensable for workers who […]

Cyberattack Fallout - Wells Notices For CFO and CIO

Cyberattack Fallout – Wells Notices For CFO and CIO

In an SEC filing, business software company SolarWinds says that current and former executives, including its CFO and CIO, received […]

RiskStream Launches Collaborative Reinsurance Tool

RiskStream Launches Collaborative Reinsurance Tool

dRe is a platform that calculates parametric loss for severe storm catastrophe transactions, using RiskStream’s Canopy platform, the industry’s first […]

Rules For Micro Captives Contrary to Congressional Intent, Says SIIA

Rules For Micro Captives Contrary to Congressional Intent, Says SIIA

According to the US Tax Code, a captive insurer must qualify as an insurance company for tax purposes. It must […]

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