New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services Superintendent Adrienne A. Harris said that inadequate cybersecurity controls allowed hackers to steal …
Insureds Need Early ACV Estimate to Claim Breach of Contract, Appeals Court Rules
In what is being seen as a significant win for property insurers, a Florida appeals court found that Universal Property and Casualty Insurance Co. did