CHAPTER 60
INSURANCE RELIEF
Robert A. Parisi, Jr. and Nancy Callahan
60.1.2 Growing Recognition of the Need for Insurance
60.1.3 General Liability Issues
60.2 INTELLECTUAL PROPERTY COVERAGE
60.2.1 Loss/Damage to Intangible Assets
60.2.2 Intellectual Property Policies
60.2.3 Claims Made versus Occurrence Coverages
60.2.4 Duty to Defend versus Indemnity
60.2.6 Definitions of Covered Claims
60.2.10 First-Party Coverage and Other Key Provisions
60.6 PRIVACY AND IDENTITY THEFT EXPOSURES
60.6.3 Insurance for Consumers
60.1 INTRODUCTION.
This chapter presents an overview of traditional insurance products and discusses how they may or may not provide coverage for the risks associated with intellectual property and with computer and network security. It also addresses the new types of coverage that have been developed expressly for those risks.
60.1.1 Historical Background.
Historically, people have responded to the risks associated with commerce by finding ways to lessen their impact or severity.
- Around 3000 BCE, Chinese merchants cooperated by distributing cargo among several ships prior to navigating dangerous waterways, so that the loss of one ship ...
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