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Although information security and cyber-risk management is recognized as an enterprise-wide responsibility by many organizations, the information technology department still is seen as the front-line defense against information losses and other cyber-liability risks, according to an industry survey.

Although information security and cyber-risk management is recognized as an enterprise-wide responsibility by many organizations, the information technology department still is seen as the front-line defense against information losses and other cyber-liability risks, according to an industry survey.

State Auto Financial Corporation says it expects between $60 million and $63 million in third-quarter catastrophe losses.

Lloyds overtaking of American International Group Inc. (AIG) in U.S. surplus-lines premiums was not a product of the markets recent campaign to convince brokers to see Lloyds as a real alternativefor not just the strange, headline-grabbing risks.

Lloyds overtaking of American International Group Inc. (AIG) in U.S. surplus-lines premiums was not a product of the markets recent campaign to convince brokers to see Lloyds as a real alternativefor not just the strange, headline-grabbing risks.

There are little signs that the surplus-lines marketplace is turning, says Mario Vitale of Aspen U.S. Insurance.