Data Breach, Cyberliability, and Privacy Insurance Coverage

February 27, 2012 ISO

Myth #2: Policy Forms Are “Standard” And Cannot Be Negotiated

Let’s start with a little background.  Since the McCarran-Ferguson Act  was passed by Congress in 1945, the insurance industry largely has been exempt from federal regulation.  That includes (with some limited exceptions) federal antitrust law.  So things that most companies cannot do (for example, all ...

February 23, 2012 swiss cheese

Myth #1: Your Business Is “Fully Covered”

Last week I provided a list of my top 10 commercial insurance myths and misconceptions.  Today I want to start with the first misconception on the list: Your Business Is “Fully Covered”. I hear this a lot from clients.  From a liability standpoint, it usually ...

January 18, 2012 NewYearsResolution

10 New Year’s Resolutions For The Commercial Insurance Buyer

Now is a good time to review your commercial insurance programs and risk management plans to ensure that your company is adequately covered in 2012. Here are just a few of the issues risk managers, CFOs, and business owners should be looking at in the ...