Insurance
May 15, 2018
Future of cryptocurrency insurance is tough to predict
The insurance industry has found it challenging to insure cyber data. Cryptocurrencies present even more challenges.
Barry L. Weissman
Sharholder
Carlton Fields Jorden Burt
Email: bweissman@carltonfields.com
Barry represents insurance and reinsurance companies in regulatory and transactional matters as well as in all forms of dispute resolution including arbitration, litigation, and mediation in state and federal courts on bad faith, complex litigation, and multidistrict matters.
Florence A. Druguet
Paralegal
Carlton Fields Jorden Burt
Email: fdruguet@carltonfields.com.
Florence has experience in reinsurance, regulatory, arbitration involving treaty reinsurance, and litigation involving coverage issues. She assists with licensing issues and serves as liaison between Departments of Insurance and insurance companies. Ms. Druguet also provides legal research in the fields of insurance regulation, liability and insurance coverage. She is a French lawyer with an MBA and doctorate in law.
BLOCKCHAIN AND THE LAW
The insurance industry has found it challenging to insure cyber data. Cryptocurrencies present even more challenges. Insurance is not yet readily available in the cryptocurrency market, nor is it likely to appear anytime soon in the legislative framework.
While it may seem that cyber-related fraud, embezzlement and theft should fall within standard coverages, the digital world presents...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In