After taking its time to consider the many variables it said would prevent a quick assessment, catastrophe-modeler Risk Management Solutions has finally released its estimate of insured losses due to Superstorm Sandy: between $20 billion and $25 billion.

The Hanover Group is the acknowledged leader among carriers in the craft-brewery space. Hanovers Craft Brewers Advantage product provides coverage for property, automobiles, employees and customers as well as risks associated with transporting the product, Professional Liability, Employment Practices Liability and Fidelity & Crime.

A lot of so-called minor damage can sometimes result in a hefty price tag in the aggregate.

A new trade association has been formed to focus specifically on a segment of the property-insurance industry that has seen substantial growth in the last several years: The Council for Insuring Private Clients (CIPC) has its sights on developing best practices for providing insurance solutions to the high-net-worth demographic.

Beer brewing has far exceeded its tie-die-shirt-and-Birkenstocks roots to become a billion-dollar industry that has gained increasing attention from the insurance industry, especially in this growing age of specialization.

VIDEO: PC360 visits Two Roads Brewing Co. in Stratford, Conn. to take a look at the risks in the fast-growing craft brewery industry.

While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.

While an analyst recently said infrastructure damage from Sandy could push losses above current estimates, industry experts say most infrastructure is not privately insured.