Plaintiff attorneys are employing multiple strategies to initiate more lawsuits, drive up litigation expenses and settlements, and secure higher verdicts.
A new court ruling could affect cyber insurance policy exclusions and insureds could assume more costs in the event of a loss. The ruling underscores the fact that cyber insurance is no substitute for cyber defense.
In Amerisure v. Selective, the Second Circuit held that the subcontract terms governed the additional insured question while the other insurance clauses in the insurance policies governed the priority dispute.
While federal agencies have been quite vocal about the fact that AI is already regulated in the U.S., states are seeing openings to address the technology's risks for themselves.