Insurers will struggle to find growth and profits because of ongoing challenges caused by the global economy, according to a new forecast.

An insurer for Sony Corp. asked a court to excuse it from paying the conglomerate’s legal defense after a data breach in April, and challenged Sony’s other insurers to define the extent of their coverage.

A wholesale brokerage operation launched a practice specializing in cyber liability coverage, which protects businesses against the damages that come from identity theft, data breach and other forms of cyber crime.

Philadelphia Insurance Cos. (PHLY) has introduced its new Cyber Security Liability product tailored for small and middle-market customers.

The Chubb Group of Insurance Cos. has launched a new CyberSecurity policy to help improve the protection commercial organizations receive against losses resulting from data security breaches.