Underwriters and risk managers are beginning to get their arms around the next wave of cyber exposure — an attack that causes property or bodily damage.
Once the darling of the P&C world, commercial auto is now its problem child. Faced with escalating losses, insurers have no choice but to continue to raise rates and write smarter.
From gaps in coverage to confusing terminology and hidden exclusions, choosing the right stand-alone cyber policy is a complex and challenging process.