With Private Market In Retreat, US Is Exploring Government-Backed Cyber Catastrophe Insurance Backstop Paid Members Public
Treasury’s Federal Insurance Office is mulling a program outside of the existing terrorism backstop.
Insurers Push Back On Biden Administration’s Cyber Data Ask Paid Members Public
The government's expansion into cyber risk as part of the annual “data call” for the US terrorism insurance backstop has received sharp industry pushback.
Task Force Calls for Biden Administration to Create Ransomware Insurance “War Chest” Paid Members Public
A nationwide subrogation fund run by insurers and reinsurers — as well as cyber risk modeling consortium — are being suggested.