Delaware News

Updated Insurance Data Security Act Requirements

Delaware News, Industry News, Resource Center / By

The Delaware Department of Insurance (DOI) updated Universally Applicable Bulletin No. 5, which outlines the Delaware Insurance Data Security Act requirements. The updates include: A change to the DOI’s email address (now doidatasecurity@delaware.gov), where notices of a data breach are sent The addition of a requirement to for insurers to submit an annual certification of […]

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Ransomware Incident Offers Cautionary Tale

Delaware News, Industry News, Maryland News, Pennsylvania News, Products & Services / By

Late last month hackers attacked insurance broker Arthur J. Gallagher & Co. (to include claims unit Gallagher Basset). The ransomware incident forced the firm to take its global systems offline and turn to outside cybersecurity professionals for help. Ransomware attacks increased almost 50% between the first and second quarters of 2020, according to a recent

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