Please Note: this post was supposed to go up while I was on vacation last week! Sorry for the delay, I hope it still proves informative.

Where did April go?! We’re heading into the end of May and somehow with one thing and another I didn’t manage to get our “Collection Selections” e-newsletter highlighting journal articles and new books published.

I also haven’t had a chance to update the blog or start spring cleaning my desk! We did manage to write and post a new newsletter for the library though, so I would definitely recommend going over there and taking a look if you didn’t see it when it came out on May 7th.

I  have a few ideas on blog posts I’d like to get up and running. We had a couple of Q&As in the newsletter which I think we could flesh out a little more. One on co-insurance penalties and one on no-fault vs. non no-fault auto insurance states (an important topic here in New England since we can so easily cross borders into either territory). I was also talking with some friends this weekend about homeowners/renters insurance and, having just put in a claim on my personal articles policy, I thought it might be useful to take a look at some homeowners basics.

While most of my current ideas run toward the consumer end of the spectrum, we would love to provide more technical information on the blog for those professionals who are readers. Please, as always, feel free to email blog suggestions to

In the meantime, I thought I might highlight some of the articles I wanted to mention in the April Collection Selections newsletter.

Our Library hosted a new seminar on May 8th taught by Craig Stanovich. He was discussing Cyber Risk and Privacy Violation Insurance. It was a very timely topic since a flood of new information on the topic came out this spring.


On March 19th, Business Insurance devoted an entire issue of their publication to Cyber Risks.Clearly if you’re interested in the topic, you should take a look at that entire issue, but one article that might be of interest, especially to producers, is entitled Few Firms Buy Coverage for Cyber Risks: Survey. Not only does it provide information on the purchasing patterns for cyber insurance but it has a table showing “Why Companies Do Not Buy Cyber Coverage.” There’s also a great article by Scott N. Godes of Dickstein Shapiro, LLP entitled Surprising Sources of Coverage. While he recommends checking the company’s Cyber Insurance Policies for coverage first, he also suggests that there might be coverage found in Commercial General Liability policies, Crime policies, Commercial first-party property policies and Employment Practices Liability policies.


Also out this spring, was Verizon’s 2012 Data Breach Investigation Report. They have collected eight year’s worth of data breach information from around the world. Their “goal is that the data and analysis presented in this report prove helpful to the planning and security efforts of [their] reader.” It’s a great resource for Risk Managers!


In April, Towers Watson published their 3rd Annual Risk and Finance Manager Survey. In their executive summary, they mention that 72% of North American Companies have not purchased network security/privacy liability policies. Not only is this survey of great importance to risk managers, producers would do well to take a look at it to when trying to figure out what their clients are likely to need/why they might not have the coverage they require.


For those looking for more in-depth coverage on Cyber Liability, The Library also recently purchased a copy of the National Underwriter book: Cyber Liability and Insurance: Managing the Risks of Intangible Assets.  You can click here to take a look at the table of contents. The book even includes some specimen forms!

This was just a short sampling of some recent Cyber Liability items we have in our collection. If you’re interested in more coverage of this, or another insurance-related topic we encourage you to stop by the library or shoot us an email!