Tags AIG

AIG subsidiary tells court it's not responsible for Landry's legal costs in $20 million lawsuit filed after breach

by Jeff Stone • 2 weeks ago

The dispute comes amid a period of ongoing scrutiny over what kinds of breach-related costs are insured.

Norsk Hydro's cyber insurance has paid just a fraction of its breach-related losses so far

by Jeff Stone • 1 month ago

Payments are likely to continue as costs add up, the Norwegian company said in an earnings report.

Why are cyber insurers incentivizing clients to invest in specific vendors?

by Jeff Stone • 2 months ago

Insurers are exploring cybersecurity as an area with growth potential.

AIG says spoofing-related suit isn’t covered, wants lawsuit tossed

by Jeff Stone • 2 months ago

It's the latest dispute between an insurer and client over whether a plan can cover losses incurred by online fraud.

Fitch: Cybersecurity insurance market crossed billion-dollar earnings mark in 2016

by Shaun Waterman • 2 years ago

Insurers earned $1.35 billion from cyber insurance premiums last year, a 35 percent increase over the year before, according to new figures from the ratings agency Fitch.

New insurance covers cyber risks for the wealthy

by Shaun Waterman • 3 years ago

Some of the wealthiest Americans can now expand their home insurance packages to include expert advice and technology for reducing their exposure to cyberattacks, as well as a variety of complimentary or reimbursable services if they do get hacked.

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