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Earlier this week, Lloyd’s of London issued an emerging risk report, co-authored with risk-modeling firm Cyence, that examines several plausible cyber-risk scenarios to help insurers and policyholders understand cyber liability and risk exposures in an area that the report concludes is relatively underdeveloped compared with other classes of insurance. [read post]
19 Jul 2017, 12:01 pm by Geoffrey B. Fehling
Earlier this week, Lloyd’s of London issued an emerging risk report, co-authored with risk-modeling firm Cyence, that examines several plausible cyber-risk scenarios to help insurers and policyholders understand cyber liability and risk exposures in an area that the report concludes is relatively underdeveloped compared with other classes of insurance. [read post]
18 Jul 2017, 7:58 am by Fox Rothschild LLP
Venerable insurer Lloyd’s of London says a global cyber attack on a major provider of cloud services could carry costs of up to $53 billion, reports Data Breach Today. [read post]
13 Jul 2017, 4:05 pm by INFORRM
Lord Lloyd added “It is, after all, the normal function of the executive to carry out the laws which Parliament has passed, just as it is the normal function of the judiciary to say what those laws mean. [read post]
11 Jul 2017, 1:55 pm by Giles Peaker
Ms T and her disabled daughter had come to London from the island of Sao Tomé off the west coast of central Africa. [read post]
7 Jul 2017, 8:38 am by Laura Hodgson
In CP32/16, the PRA set out its proposed expectations of how general insurers, particularly those operating in the London Market, might plan for and respond to a market turning event (MTE). [read post]
6 Jul 2017, 3:24 am by James Scott
Reported cases suggest that in most straightforward crossing situations, the stand-on vessel which has failed to navigate in accordance with these rules, will usually bear in the region of 20% to 30% of the blame: see for example: The Topaz [2003] 2 Lloyd’s Rep. 18; The Lok Vivek and Common Venture [1995] 2 Lloyd’s Rep. 230; The Angelic Spirit [1994] 2 Lloyd’s Rep. 595. [read post]
28 Jun 2017, 1:04 pm
So I turned to what's called the "excess market," and was able to secure coverage through an arrangement with Lloyd's of London (really!). [read post]
13 Jun 2017, 12:36 pm by Gary Thompson and Elizabeth Leavy
Certain Underwriters at Lloyd’s London, 788 F.3d 375, 380 (4th Cir. 2015)) (under Maryland law “the purpose of the additional insured endorsement is to provide protection for the additional insured where the named insured is at least partially negligent. [read post]
30 May 2017, 3:26 am by INFORRM
A summary of the judgment is available on Lawtel [£] On the same day Deputy Master Lloyd dismissed an application by the defendant for summary judgment in a privacy claim in the case of Ali v Channel 5. [read post]
10 May 2017, 8:25 am by Beth Graham
Certain Underwriters at Lloyd’s London Subscribing to Policy No. [read post]
7 May 2017, 12:00 am by Smita Ghosh
” Olson focuses on escape routes and exiles, particularly the leaders of six defeated countries who found refuge in London: Czechoslovakia, Poland, Norway, Holland, Belgium and Luxembourg, along with Gen. [read post]