by Jared Wosleger | December 21, 2017 | Cyber & Technology, Financial & Executive Risk, Property, Risk Management, Uncategorized, War & Terrorism
Are you aware that most of the first party cyber incidents have created greater financial impact to companies than just a breach of Personally Identifiable Information (PII)? Recent events have demonstrated that Operational Technology is becoming an increasing...
by Lockton Companies | October 31, 2017 | Casualty, Cyber & Technology, Property, Risk Management, War & Terrorism, Workers' Compensation
Market Shift Ahead? Recent catastrophic storms, earthquakes and fires have wreaked havoc on communities across the US, Mexico and the Caribbean. What effect this will have on the global insurance market is just starting to emerge. Lockton’s October 2017 P&C...
by Ben Beeson | May 13, 2017 | Cyber & Technology, Financial & Executive Risk, Property, War & Terrorism
On May 12th 2017 a new strain of the Ransom.CryptXXX (WannaCry) began spreading widely impacting a large number of organizations, particularly in Europe. WannaCry encrypts data files and, according to latest reports, asks users to pay a $300 ransom. WannaCry exploits...
by Lockton Companies | April 21, 2017 | Casualty, Cyber & Technology, Financial & Executive Risk, Food Safety, Insurance Market, Mergers & Acquisitions, Property, Real Estate, Regional, Transportation, War & Terrorism, Workers' Compensation
Capacity and growth in commercial insurance create a buyer’s market Market conditions still continue on the path that supports favorable pricing, coverage terms, and program structures that benefit many buyers. Lockton’s April 2017 P&C Market Update states...
by Debbie Goldstine | January 13, 2015 | War & Terrorism
On January 12, US President Barack Obama signed into law a six-year reauthorization of the Terrorism Risk Insurance Act (TRIA). Clearing the way for the president’s signature, the House and Senate passed the act on January 8, after the preceding Congress failed to do...
by Debbie Goldstine | January 8, 2015 | Risk Management, War & Terrorism
On January 8, the 114th Congress addressed the “unfinished business” of the preceding Congress, which adjourned in late December without renewing the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA)*, leaving the Federal backstop to expire on December 31,...
