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Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix

Insurance Journal

The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 billion, modeling and insurance services firm Parametrix estimates. The portion of the loss covered under cyber insurance policies

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Ensuring your business has the right insurance policies is not just a smart decision—it’s essential for long-term success. Here are the top 6 insurance policies every IT business in California should have to safeguard their operations. One oversight could lead to costly lawsuits.

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Protect Your Business: 5 Essential Insurance Policies You Might Be Overlooking

Protect Commercial Insurance

While you may have the basic insurance policies in place, such as property and general liability insurance, there are several other essential insurance policies that you might be overlooking. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

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How Climate Change is Shaping Insurance Policies for Commercial Properties

Protect Commercial Insurance

Introduction Climate change isn’t just an environmental buzzword; it’s rapidly becoming a pivotal factor in the world of insurance, especially for commercial properties. As we face more frequent and intense extreme weather events, insurers are re-evaluating their policies to better manage these growing risks.

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UMBRELLA INSURANCE EXPLAINED FOR NJ FAMILIES

Boyle Agency Insurance

Bogle Agency Insurance offers Umbrella Insurance to clients in NJ who want additional liability coverage beyond the limits of existing policies. Following is Umbrella Insurance explained for NJ individuals and families. This is where Umbrella Insurance comes in – to cover you like an umbrella.

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Understanding the CrowdStrike Attack and Cyber Insurance

ProWriters

Businesses should: Assess Vendor Risk Businesses should ensure their insurance policies account for risks associated with dependencies on external vendors. Understand Coverage Limits Businesses must closely examine their Cyber Insurance policies to understand what is covered in the event of an IT outage caused by third-party vendors.

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Don’t Let Your Clients Ignore These Cyber Threat Headlines

ProWriters

Analysts and observers expect cyber security threats will persist and increase, as will the risk of extreme financial losses from cyber attacks. Cyber Liability Insurance is an indispensable component of cyber risk management. The post Don’t Let Your Clients Ignore These Cyber Threat Headlines appeared first on ProWriters.

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