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Will Brazil’s Power Failure Prompt New Insurance Products?

On November 10, 2008, millions of people were left without electricity in two of Brazil’s biggest cities, São Paulo and Rio de Janeiro, as a result of a massive power failure. The outage also had a...

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Cybersecurity is an Economic Issue – Cyber Insurers Should Provide Economic...

In the security industry there is a generally accepted philosophy that no system or network is completely secure – a competent attacker with enough time, patience and resources will eventually find a...

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Cloud Computing: What Every Underwriter Should Know. And Why They Should...

Emailing. Instant messaging. Texting. On-line gaming. Ten years ago, even five years ago, such words and concepts were alien to the typical luddite. Now, these terms are not just parts of the common...

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Loss of Computer Data: Is it Property Damage?

Let us say, speaking hypothetically, that a grossly negligent individual (who, since we are speaking hypothetically, is named…”Mr. X”) has accidentally uninstalled my favorite computer game, “Sid...

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Cyber/Tech Underwriters Build Their Portfolios…As Corporate Executives Fret

The risk of cyberattacks is real and growing. While many of us theorize and speak in hypotheticals about the possibility of a major and potentially devastating cyberattack (or twenty), those considered...

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Would Your Company’s Insurance Cover a Cyberattack?

The following article was written by my good friend, Scott Godes, a policyholder attorney with Dickstein Shapiro in Washington, D.C., and first appeared on his personal site, Corporate Insurance Blog....

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