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Corporations consider cybercrime and taxes to be nearly equal threats to the survival of their business, according to a new Lloyds of London report ranking risk perception internationally.

Corporations consider cybercrime and taxes to be nearly equal threats to the survival of their business, according to a new Lloyds of London report ranking risk perception internationally.

The concept of self-service is evolving as auto consumers, particularly those of the Gen Y era, desire more control and better access to the claims process, from FNOL to resolution.

In the wake of President Barack Obamas cybersecurity executive order, accounting and advisory firm Baker Tilly Virchow Krause, LLP has provided a timeline for the adoption of the plans various elements.

Concern is growing within government circles and the private sector that cyber terrorists are increasing their focus on the energy and power industry, according to Aons Q4 2012 Power Insurance report.

A presidential executive order outlining some guidelines on cyber-security-coordination efforts may help get the ball rolling on more meaningful legislation, but by itself, the order does not seem to make any mandatory demands on private entities, at least at this time, an insurance-industry expert says.

A presidential executive order outlining some guidelines on cyber-security-coordination efforts may help get the ball rolling on more meaningful legislation, but by itself, the order does not seem to make any mandatory demands on private entities, at least at this time, an insurance-industry expert says.

American International Group conducted a survey of 323 risk managers, IT decision makers, C-suite executives and brokers in the U.S. and Canada and found that cyber attacks beat property damage and income loss as a top-of-mind risk.