<div dir="ltr">Note that I have no objections to the current wording in spirit, although as noted in the past, the notion of insurance requirements doesn't really align as a practical or technical matter.<div><br></div><div>For example, the insurance required in (A) does not cover any security impact/chemspills that might be caused by the destruction of an HSM responsible for CRL signing. At best, this falls under the "SHOULD maintain coverage", but figuring out what impact or liability there is for such an incident is a game that lawyers and insurers would love to pad their billables with, but without making much of a practical difference.</div><div><br></div><div>There is equally a huge number of mistakes a CA can make - such as accidentally revoking a certificate that may take a company offline or prevent code signing from working - that would not even begin to be covered.</div><div><br></div><div>It's likely we'd abstain from such a ballot as presented, or support such a ballot that removed the requirement.</div></div><div class="gmail_extra"><br><div class="gmail_quote">On Wed, Oct 1, 2014 at 7:54 PM, Ben Wilson <span dir="ltr"><<a href="mailto:ben.wilson@digicert.com" target="_blank">ben.wilson@digicert.com</a>></span> wrote:<br><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">
<div lang="EN-US" link="blue" vlink="purple">
<div>
<p><strong><span style="font-weight:normal">Please take a look and let me know your comments.<u></u><u></u></span></strong></p>
<p><strong>Ballot 133 - Insurance Requirements for EV Issuers</strong>
<u></u><u></u></p>
<p>Purpose <u></u><u></u></p>
<p>The purpose of this ballot is to simplify the insurance requirements in section 8.4 of the EV Guidelines by replacing commercial general liability in (A) with an ordinary property casualty insurance requirement and to simplify third party
liability coverage in (B) and reduce the required amount of that coverage down to $3 million. This should make it easier for CAs to obtain insurance required by the EV Guidelines.
<u></u><u></u></p>
<p>-- MOTION BEGINS -- <u></u><u></u></p>
<p>1. Amend the second paragraph of Section 8.1 as follows: <u></u>
<u></u></p>
<p>If a court or government body with jurisdiction over the activities covered by these Guidelines determines that the performance of any mandatory requirement is illegal
<span><u>or would conflict with local law</u></span>, then such requirement is considered reformed to the minimum extent necessary to make the requirement valid and legal. This applies only to operations<span>,</span>
<span><s>or</s></span><s> </s>certificate issuances, <span>
<u>or insurance requirements</u></span><u> </u>that are subject to the laws of that jurisdiction. The parties involved SHALL notify the CA / Browser Forum of the facts, circumstances, and law(s) involved, so that the CA/Browser Forum may revise these Guidelines
accordingly. <u></u><u></u></p>
<p>2. Amend Section 8.4 as follows:<u></u><u></u></p>
<p class="MsoNormal" style="margin-right:2.2in;margin-bottom:4.3pt;margin-left:0in;text-align:justify">
<a name="148cec8bcbbee368__Ref232572161"></a><a name="148cec8bcbbee368__Ref232572179"></a><a name="148cec8bcbbee368__Ref232573627"></a><a name="148cec8bcbbee368__Toc378600287"></a><b><span style="font-size:14.0pt;font-family:"Times New Roman","serif"">8.4. Insurance
<u></u><u></u></span></b></p>
<p class="MsoNormal" style="margin-right:2.2in;margin-bottom:12.25pt">
<span style="font-size:12.0pt;font-family:"Times New Roman","serif"">Each CA SHALL maintain the following insurance related to
<s>their</s> <u>its </u>respective performance and obligations under these Guidelines:<u></u><u></u></span></p>
<p class="MsoNormal" style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in">
<u><span style="font-size:12.0pt;font-family:"Times New Roman","serif"">(A) Property insurance for casualty/perils of fire, water, electrical failure, and natural disaster in sufficient amount to cover damage or loss to physical assets used to issue and maintain
EV Certificates</span></u><s><span style="font-size:12.0pt;font-family:"Times New Roman","serif"">,</span></s><span style="font-size:12.0pt;font-family:"Times New Roman","serif"">
<s>Commercial General Liability insurance (occurrence form) with policy limits of at least two million US dollars in coverage</s>; and<s>
<u></u><u></u></s></span></p>
<p class="MsoNormal" style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in">
<span style="font-size:12.0pt;font-family:"Times New Roman","serif"">(B) <s>Professional</s> Liability<s>, Errors and Omissions</s> insurance, with policy limits of at least
<s>five</s> <u>three </u>million US dollars in coverage<u>, per claim and in the aggregate</u>,
<s>and including coverage</s> for <s>(i) claims for</s> <u>direct </u>damages arising out of a<s>n</s>
<u>negligent</u> act, error, or omission, <s>unintentional breach of contract, or neglect</s> in issuing or maintaining EV Certificates<s>, and (ii) claims for damages arising out of infringement of the proprietary rights of any third party (excluding copyright,
and trademark infringement), and invasion of privacy and advertising injury</s>.<u></u><u></u></span></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>(1)</u> Such insurance<u> MUST NOT exclude coverage when providing cryptographic, digital signature, or public key infrastructure services;
<u></u><u></u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>and<u></u><u></u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>(2) Such insurance </u><span style="text-transform:uppercase">must</span>:<u></u><u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>(i) be maintained for all periods during which an EV Certificate issued by the CA is still valid (and if coverage is canceled or not renewed, the CA shall purchase an extended reporting period for such periods);<u></u><u></u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>(ii) include coverage for those territories where the CA provides EV Certificates; and<u></u><u></u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>(iii)</u> be with a company rated <u>good or better by Standard & Poor's, A.M.</u>
<s>no less than A- as to Policy Holder’s Rating in the current edition of</s> Best<s>'s Insurance Guide</s><u>, Fitch, Moody's, DBRS, Japan Credit Rating Agency, Creditreform, Scope Ratings, or another similarly recognized insurance rating agency
</u><s>(or with an association of companies each of the members of which are so rated)</s>.<u></u><u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
<u>If available at reasonable cost, a CA SHOULD maintain coverage for damage or loss to data, software, systems, and for business interruption due to IT security failure, malware, network attack, criminal hacker, or theft.
<u></u><u></u></u></p>
<p style="margin-right:2.2in;margin-bottom:12.25pt;margin-left:.5in;line-height:normal">
A CA MAY self-insure for liabilities that arise from such party's performance and obligations under these Guidelines provided that it has at least five hundred million US dollars in
<s>liquid</s> <u>current </u>assets based on audited financial statements in the past twelve months, and a quick ratio (ratio of
<s>liquid</s> <u>current</u> assets to current liabilities) of not less than 1.0.
<u></u><u></u></p>
<p><u></u> <u></u></p>
<p class="MsoNormal"><u></u> <u></u></p>
</div>
</div>
<br>_______________________________________________<br>
Public mailing list<br>
<a href="mailto:Public@cabforum.org">Public@cabforum.org</a><br>
<a href="https://cabforum.org/mailman/listinfo/public" target="_blank">https://cabforum.org/mailman/listinfo/public</a><br>
<br></blockquote></div><br></div>