On August 14, 2020, the National Association of Insurance Commissioners (NAIC) adopted a set of principles that will guide the work of insurers and entities, including data providers, that play an ...
Cybersecurity insurance is a new insurance industry product that reflects the havoc wreaked by hacks, data breaches and phishing attempts, which have become bolder because cybersecurity extorting ...
Businesses can carry out activities that run the risk of damaging employees, suppliers, customers or third parties. Such risks can be due to the carelessness of employees, product defects, breach of ...
Along with the winds, rain, and storm surges of Hurricane Katrina came a cacophony of voices urging Congress to adopt a catastrophic hurricane fund (CAT fund). A CAT fund, like the bankrupt and highly ...
Fire insurance is something which protects property against fire and allied perils, indemnifying losses, supporting business continuity, meeting loan requirements, and offering standardised ...
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