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Unclear Language in “Act of War” Exclusion Gives Merck $1.4 Billion Cyber Insurance Victory 

Posted on January 23, 2022January 23, 2022 By Mark Sauter

“New Jersey Superior Court Judge Thomas J. Walsh ruled Jan. 13 that Merck’s insurers can’t claim the war exclusion because its language is meant to apply to armed conflict. The ruling noted that insurers didn’t change the war language to put companies like Merck “on notice” that cyberattacks wouldn’t be covered, despite a trend of attacks by countries like Russia hitting private sector companies.”

Source: Merck’s $1.4 Billion Insurance Win Splits Cyber From ‘Act of War’

See also  "Downtime"& Digital Business Interruption Insurance Offered by Parametrix
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In this clip from Episode #EP-6 of Cyber Insurance News Podcast, host Martin Hinton is joined by guest Dan Candee, CEO of Cork Protection, to break down the often-confusing acronyms MSP (Managed Service Provider) and MSSP (Managed Security Service Provider).

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Cybersecurity for Small Business - MSP vs MSSP Explained | Dan Candee Simplifies A Jargon-Rich Space
In this clip from our latest podcast, Dan Candee, CEO of Cork Protection, discusses a critical component of SMB cyber resilience—the evolving role of cybersecurity insurance. Dan highlights the need for nimbleness in cyber coverage, especially for small businesses that often bear the brunt of devastating attacks.

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Cyber Insurance for SMBs – What Needs to Change? | Dan Candee Interview
In this clip from our latest podcast episode, Dan Candee, CEO of Cork Protection, dives into a critical topic that hits close to home: Cybersecurity for Main Street businesses.

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Cybersecurity for Main Street: Dan Candee on Protecting Small Businesses | CEO of Cork Protection
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