Stay informed on emerging issues and trends in the insurance industry.
The hard conditions of the professional lines market mirror that of other liability lines, with buyers facing a continuation of higher rates and restrictive terms in 2021. The Q1 2021 State of the Professional Lines Market report examines trends across several coverage lines and classes of business.
Cyber events don’t always just result in financial loss but can also cause first or third-party bodily injury or physical damage. In response, many insurers have adopted various exclusions, sub-limits and changes to non-cyber insurance policies. This issue of non-affirmative coverage for cyber events is known as silent cyber. Through various claim scenarios across coverage lines and industries, this article explores the wide range of insureds that are at risk of a silent cyber incident.