Cyber-insurance premium ran into the $250-to-$300 million range last year, according to a recent edition of The Betterley Report.
This year's figure represents about a 60 percent rise from last year, although much of the market has yet to be penetrated.
"It seems odd that with the proliferation of Web-based commerce, there is not more of a rush toward these specially designed products," said report author Rick Betterley, president of Betterley Consultants Inc.
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