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Most Emailed Specialty Risks News

Insurers fight to bar cyber coverage under commercial general liability policies

Published October 26, 2014 CST

Recent legal efforts by insurers to bar cyber coverage under commercial general liability policies signal a new coverage battle between insurers and policyholders as costly data breaches proliferate.

Insurance broker Aon launches Ebola liability cover

Published October 28, 2014 CST

(Reuters) — U.S. insurance broker Aon has launched Ebola liability cover for hospitals and other health care institutions, the company said on Tuesday.

Captives may help with emerging Ebola, cyber risks

Published October 27, 2014 CST

Captives can be a useful tool to help insure and manage emerging threats in the health care industry, such as cyber risks and the Ebola virus, a panel of captive and health care industry experts said Monday.

Malpractice suits often tap electronic medical records

Published October 27, 2014 CST

Electronic medical records can save money and improve medical outcomes, but using them incorrectly can create significant liability problems for health care providers, medical malpractice defense attorneys said.

While executives more aware of cyber risks, only half buy insurance

Published October 28, 2014 CST

A survey Zurich Insurance Group Ltd. and Advisen Ltd. released Tuesday finds the recognition of cyber risk rising among risk managers and corporate boards, but the purchase of cyber liability insurance is leveling off.

Dallas company to pay $499,000 for sexual harassment, retaliation firings

Published October 27, 2014 CST

A jury for the U.S. District Court, Northern District of Texas, has awarded three former employees of a Dallas-based physician services provider nearly $500,000 in a sexual harassment and retaliation lawsuit by the EEOC.

Medical liability claims flat, but loss rates rising

Published October 28, 2014 CST

Hospitals will not be “fighting fires” concerning their professional liability insurance costs next year, said a co-author of a just-released study on the issue. “Things are pretty flat; things are pretty benign," said Erik Johnson.

Public companies could face shareholder litigation over Ebola-related losses

Published October 26, 2014 CST

Public companies could face shareholder litigation over Ebola-related losses if the U.S. outbreak becomes a wider pandemic, insurance and legal sources warn.

Financial institutions identify cyber risk as major concern: Survey

Published October 23, 2014 CST

A total of 84% of global financial institutions identified cyber risk as one of their top five concerns in a third-quarter survey by Depository Trust & Clearing Corp.

Justice Department to increase focus on cyber threat, economic espionage

Published October 22, 2014 CST

The Justice Department is making strategic changes to put additional focus on the protection of national assets from the threat of state-sponsored economic espionage and proliferation, including through cyberspace.