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Why Cyber Liability Insurance Matters for Business Owners and Commercial Property Investors in Plano, TX

Paragon Independent Insurance Agencies

As cyberattacks become increasingly prevalent worldwide, it’s crucial for business owners and commercial investors in Plano, TX, to consider cyber liability insurance. Protection From Financial Losses Dealing with business interruptions, disruptions, legal fees, and data breaches can quickly accumulate costs.

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How AI and Automation Are Changing Business Insurance Needs

Mark Jackson Insurance Agency

AI-powered systems often rely on vast amounts of data, making businesses more vulnerable to cyber threats. Cyber liability insurance , once considered a specialized coverage, is becoming an essential policy for businesses that use AI to store sensitive information or automate critical tasks.

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How a “No-Harm” Data Breach Lawsuit Could Harm Your Clients

ProWriters

More recently, courts have agreed the risk of future harm, such as identity theft or potential financial loss, constitutes standing to bring a lawsuit for a data breach. Circuit Court of Appeals ruled in a data breach lawsuit involving insurance agency Marsh McLennan. In September 2022, for example, the 3rd U.S.

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