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Proposed model law could beef up U.S. insurers’ cyber risk management

August 17, 2017 by Canadian Underwriter

New cyber-related obligations being proposed south of the border, if approved, could promote more rigorous cyber risk management practices in the U.S. insurance market, Fitch Ratings suggests. The CyberSecurity Working Group of the National Association of Insurance Commissioners (NAIC) has

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Weather risk accounts for an estimated US$56 billion in untapped wind energy asset values globally: GCube

January 31, 2017 by Canadian Underwriter

Resource underperformance has surpassed mechanical breakdown and component damage as the major obstacle to achieving bankable wind energy projects, GCube Underwriting Ltd. notes in a report estimating the untapped asset values of wind energy stakeholders around the world at US$56

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Human error seen as leading cause of information security breaches for small businesses: Canadian survey

May 31, 2016 by Canadian Underwriter

Not enough small businesses in Canada are implementing training programs and establishing protocols to help employees recognize risks to information security despite staff awareness and errors being among the biggest threats, suggest results of Shred-it’s 2016 Security Tracker Survey. Canadian