Yet another cyber crime turned out to be government action. The WSJ reports that Kaspersky Labs (the famous anti-virus company) claims the Israeli spy agency hacked into their systems with a bespoke virus that Israel also used to target (among other things) some luxury hotels hosting the Iranian peace talks. I hope that small businesses are not big enough fish for foreign governments to bother hacking and therefore do not need to worry. Of course, that assumes that foreign go

The Baltimore Sun ran an article over the weekend that discussed business interruption insurance coverage because of the riots. That article took the view that the major problem is the war exclusion. I don't see that. The real problem is the Ordinance or Law exclusion. Why I doubt Insurers will use the "War and Military Action" exclusion The "War and Military Action" Exclusion (ISO Form CP 10 10 06 07 (2007)) excludes coverage for damage caused directly or indirectly by: (1)

Cyber Insurance is going to be the biggest growth industry in Insurance Law. The entire area is one impressive morass of unlitigated coverage issues waiting to find a courtroom. These issues are all extremely new (especially relatively to the rest of property and casualty insurance, which is --even as law goes-- ancient) and constantly evolving. Anthony Zelle summarized the latest developments for the DRI Insurance Committee newsletter recently. His work highlights the recent