Commercial Lines

During the past 12 months, 42% of small businesses that suffered a cyberattack lost revenue because of the incident, the ITRC reports.

This potentially unsettling phenomenon is poised to rise from a confluence of factors, including skyrocketing insurance costs.

When an insured uses a generator after a power outage, is that a business income expense?

The U.S., China and Japan would be the hardest hit if the hypothetical, but plausible, scenario unfolded, according to the London market.

Florida accounts for only 9% of U.S. insurance claims but represents 79% of homeowners' lawsuits.

The policy stated that damage to property would be covered if the total cost of the destruction exceeded the deductible.