Congress will take up cybersecurity legislation the week of April 23. On April 5, Vince Vitkowsky, of Edwards Wildman’s New York office, moderated a panel on Capitol Hill that included, among others, representatives of the House Permanent Select Intelligence Committee, the U. S. Chamber of Commerce, and the Constitution Project.
Read More Video of Cybersecurity Legislation Panel
Industry Developments
Industrial Threat Cyber Attacks Challenge Business
Edwards Wildman partner Vince Vitkowsky authored an article that is part of Business Insurance’s March 19, 2012 special edition on Cyber Risks. In the article, which you can read here, he addresses cyber attacks with physical effects, which are coming to be referred to as “Industrial Threats.” …
Read More Industrial Threat Cyber Attacks Challenge Business
Charter Risk Management Services, LLC Formed as Full Service Captive Management Firm in Connecticut
Former United States Senator Alfonse M. D’Amato, Connecticut attorney and insurance expert Thomas F.X. Hodson, and former Superintendent of the New York State Insurance Department Gregory V. Serio announced on March 9, 2012 the formation of Charter Risk Management Services, LLC, a new full service captive insurance company management firm. …
Read More Charter Risk Management Services, LLC Formed as Full Service Captive Management Firm in Connecticut
What’s Really Driving the Rising Cost of Car Insurance?
Motor insurers are being heavily criticised by British politicians and consumer organisations. The complaints vary, but there’s a common theme: premiums are rising steeply, that is unacceptable and it’s got to stop. …
Read More What’s Really Driving the Rising Cost of Car Insurance?
Reminder: Join the U.S. Re Under 40s Group for a Drink on January 26 in New York
The next U.S. Re Under 40s Group event will take place on January 26 at Three Sheets Saloon at 134 West 3rd Street (between 6th Avenue and MacDougal Street). The event will start at 5:30 and there will be an open bar between 6:00 and 7:00. Click here for more information and to RSVP. …
Read More Reminder: Join the U.S. Re Under 40s Group for a Drink on January 26 in New York
Join the U.S. Re Under 40s Group for a Drink on January 26 in New York
The next U.S. Re Under 40s Group event will take place on January 26 at Three Sheets Saloon at 134 West 3rd Street (between 6th Avenue and MacDougal Street). The event will start at 5:30 and there will be an open bar between 6:00 and 7:00. Click here for more information and to RSVP. …
Read More Join the U.S. Re Under 40s Group for a Drink on January 26 in New York
Everyone’s Nightmare: Privacy & Data Breach Risks
Edwards Wildman’s Privacy and Data Protection Group is pleased to announce that the newest edition of its White Paper, “Everyone’s Nightmare: Privacy and Data Breach Risks,” has been prepared. The paper discusses legal and regulatory data security and breach notification developments, exposures presented by data breaches, recent major breaches and court decisions, and lines of insurance potentially impacted. …
Read More Everyone’s Nightmare: Privacy & Data Breach Risks
New Illinois Department of Insurance Acting Director Named; New Montana Deputy Commissioner of Securities and Insurance Named
Robert E. Wagner has been appointed as acting director of the Illinois Department of Insurance (the “Department”) by Governor Pat Quinn. Acting Director Wagner most recently served as the Department’s General Counsel. …
Read More New Illinois Department of Insurance Acting Director Named; New Montana Deputy Commissioner of Securities and Insurance Named
Edwards Wildman to Host IFNY’s 2012 “Breakfast with. . .” Kick-off Program
Edwards Wildman Palmer LLP will host the Insurance Federation of New York’s 2012 kick-off “Breakfast with…” program at its New York office on Friday morning, January 20. The topic will be the “Impact of Natural Catastrophes in 2011 on Insurers’ Results,” which will be addressed by an expert panel of economists and insurance executives. …
Read More Edwards Wildman to Host IFNY’s 2012 “Breakfast with. . .” Kick-off Program
Client Advisory – Federal Courts Find that Reinsurer is Not Directly Liable to Third Parties
Two recent decisions from federal courts addressed an important issue for many reinsurers: whether a non-party to a reinsurance agreement (such as a cedent’s insured) can proceed directly against the reinsurer for amounts owed to the non-party by the ceding company. …
Read More Client Advisory – Federal Courts Find that Reinsurer is Not Directly Liable to Third Parties