Insurance

Understanding the Risk of “Immutable” Blockchain Applications

Understanding the Risk of “Immutable” Blockchain Applications

Blockchain has some powerful advantages, but a database that cannot be edited and software that cannot be turned off present unique and potentially troubling risks. 

 
Insuring Against GDPR Liability

Insuring Against GDPR Liability

Will the European Union’s new data protection regulation impact the cyber insurance market?

 
Burning Up: California’s Wildfires Increase Risks

Burning Up: California’s Wildfires Increase Risks

Increased wildfire activity in California in 2017 and 2018 has underscored the importance of prevention strategies.

 
Disasters Highlight Potential Uses for Drones

Disasters Highlight Potential Uses for Drones

Risk managers and insurers are finding new applications for drone technology.

 
Risk Transfer Considerations for Public Projects

Risk Transfer Considerations for Public Projects

Risk managers embarking on public projects should carefully analyze their risk transfer program to ensure that they are not disappointed in the event of a loss.

 
Insurance Coverage for Active Shooter Risks

Insurance Coverage for Active Shooter Risks

The proliferation of shooting incidents has prompted insurers to create focused policies.

 
Reducing Construction Defect Claims

Reducing Construction Defect Claims

By focusing on seven key quality assurance practices, builders can avoid costly claims.

 
D&O Events Drastically Underreported

D&O Events Drastically Underreported

Despite significant concern over liabilities, directors and officers insurance claims are significantly underreported.

 
Property Insurance Allocation When Storms Strike Back-to-Back

Property Insurance Allocation When Storms Strike Back-to-Back

The allocation of multiple occurrences of property damage and business interruption losses is necessary to maximize insurance recovery, rebuild damaged property and resume a policyholder’s business operations.

 
Fire Traps

Fire Traps

Amid a global boom in high-rise construction, thousands of buildings still lack adequate fire protection, creating elevated property and safety risks.

 
The Benefits of Medical Stop Loss Captives

The Benefits of Medical Stop Loss Captives

A properly constructed captive program can reduce medical insurance costs.

 
Total Cost of Risk Declines Again

Total Cost of Risk Declines Again

RIMS and Advisen report a fourth year of decreasing total cost of risk.

 
Captive Trends Reflect Today’s Business Needs

Captive Trends Reflect Today’s Business Needs

A recent report sheds light on what kinds of companies are using captives and why.

 
Artificial Intelligence and Professional Liability

Artificial Intelligence and Professional Liability

The use of AI in professional settings may create unique liability and insurance issues.

 
A Pandora’s Box of Cyberrisks

A Pandora’s Box of Cyberrisks

While 21st century innovations have brought about great advancements in communication and real-time business decision-making, this cutting-edge tech has also created new opportunities for theft.