Chubb Specialty Insurance recently came in to speak on Cyber Liability. You will find the presentation below which covers topics such as Cyber Crime and what drives the need for Cyber Insurance today. Managing Cyber Risks Threats & Insurance Implications

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 Fortunately, Negligent Entrustment is not extremely common in the telecommunications industry. That said, it is growing in both frequency of occurrence and severity of loss.   Negligent entrustment is a cause of action in tort law that arises where one party is held liable for negligence because they, in the opinion of the court, negligently provided another party with a dangerous instrumentality, and the…

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If you think that you are immune from cyber attacks, then think again, as this article from J.D. Harrison explains in: http://www.washingtonpost.com/blogs/on-small-business/post/cybersecurity-insurance-what-small-businesses-need-to-know/2011/12/28/gIQAYlL5MP_blog.html Harrison explains in this short read that if you have employees or customers, chances are you have an exposre to cyber liability.  He also goes on to mention that most general liability packages do not have a cyber component. You need to take…

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