Content from Elizabeth Blosfield
Elizabeth is Deputy Editor at Carrier Management. She hosts The Insuring Cyber Podcast and Between the Lines, a quarterly video series exploring topics in Carrier Management's latest magazine edition. Elizabeth can be reached at eblosfield@wellsmedia.com.
Data Breaches Take Months to Discover, but They Happen Within Minutes
While it typically only takes a short amount of time for a successful breach to compromise data, the amount of time it takes for a breach to be discovered is more likely to be months. This means ...
Cyber Insurance Underwriters Face Ongoing Challenge of Insufficient Historical Data
While there are "huge opportunities" on the horizon for the cyber insurance industry, cyber insurance underwriters still face the challenge of not having enough historical data to work with. "It's ...
Cyber Confusion Underscores Need to Create a Sustainable Cyber Market
There has been plenty of talk about how cyber continues to evolve in an ever-changing technology landscape, how cyber risks have become increasingly sophisticated and how the insurance industry needs ...
Lloyd’s Underwriters Paying To Settle NYDFS Charges Related to NRA-Branded Insurance
In a December 20 consent order, 10 Lloyd's of London underwriters have entered into an agreement to pay $5 million to the New York State Department of Financial Services (DFS) for underwriting fire ...
MAPFRE, Insurance Agents Help Towns Get Back to Normal After Gas Explosions
As three Massachusetts towns faced the aftereffects of a series of natural gas explosions in September, finding some normalcy may have seemed nearly impossible. However, this is something MAPFRE ...
Insurance Is a ‘Well-Kept Secret,’ and Other Millennial Insights
What is the best part about working in insurance? For a group of millennials speaking with Insurance Journal at a July roundtable, the answer was simple. "The people," roundtable participants agreed. ...
How Insurance Is Rethinking Cat Modeling After Last Year’s Disasters
After Hurricane Harvey swept through Texas last August, it left behind not only an estimated $125 billion in damage and nearly 50 inches of rain in some areas but also questions for the insurance ...
Maine Employers Not Required to Reimburse Employees for Medical Marijuana Use
The Maine Supreme Court has ruled that employers in the state are not required to reimburse employees for their use of medical marijuana under the Maine workers compensation system because federal ...