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Article 2021-03-03
2021 promises to be a year dominated by evolution, transformation, and resilience. In this article we identify some of the key areas and issues that will have an impact upon the London marine market in 2021.
Article 2021-03-02
On Friday, February 26, 2021, SB 1392, the Consumer Data Protection Act (CDPA), was communicated to the Virginia Governor’s Office after the Virginia Senate passed a Virginia House substitute bill (for HB 2307) 32-7. Governor Northam is expected to sign the bill, which would establish a framework for processing personal data in Virginia.
Article 2021-03-01
Despite the challenges that all global businesses have experienced in the last year, the drive to automation is continuing and in some instances - possibly as a result of the re-evaluation of business models promoted by the pandemic - is increasing in pace. The UK Government intends to take one of the leadings roles in this development, specifically within the maritime sector.
Article 2021-03-01
Since the pandemic, digital infrastructures developed during the pandemic by governments and corporations have continued to grow for long-term use generally. We are therefore witnessing a dramatic global acceleration in technological developments and long-distance work, while at the same time trying to maintain a sustainable business and economic routine.
Article 2021-02-26
On February 18, 2021, the Bermuda Monetary Authority (BMA) released its annual Bermuda Cyber Underwriting Report. For those unfamiliar with the Report, the publication outlines statistics, findings and general recommendations regarding cyber underwriting and, “to a lesser extent,” operational cyber resiliency. Its findings and suggestions were similar to the Cyber Insurance Framework guidance recently published by the New York Department of Financial Services.
Article 2021-02-23
The UK officially left the EU in January 2020 with the implementation period, or transition stage, concluding on 31 December 2020 and the new UK/EU a trade deal finally agreed on 24 December 2020. However, large technology companies such as Facebook and Google did not leave their preparations until the last minute.
Article 2021-02-18
On February 4, 2021, the New York Department of Financial Services (NY DFS) issued its Cyber Insurance Risk Framework (the Framework) to provide insurance carriers what it deemed an outline of “best practices for managing cyber insurance risk.”
News 2021-02-18
News 2021-02-11
The fourth edition of our most popular guide for claims handlers has launched, helping empower insurers, third party administrators, corporates and their claims teams to become less reliant on their lawyers
Article 2021-02-10
The year 2020 witnessed significant developments in U.S. data privacy law, not the least of which were the effective and enforceability dates of the California Consumer Privacy Act (CCPA), the enforceability of data security requirements under the New York Stop Hacks and Improve Electronic Data Security Act (SHIELD Act), and passage of the California Consumer Privacy Rights Act (CPRA). Less than two months have passed in 2021, and the year already suggests bigger changes to come as the privacy rights pendulum continues to swing.
