Increasing reports of cyber intrusions, data theft and computer-system malfunctions have led a rapidly growing number of companies to purchase insurance coverage to protect themselves from technology and cyber-privacy risks.

Hurricane Irene is expected to be primarily an insurance event, rather than a reinsurance event, given the relatively moderate level of insured losses expected, according to Moodys Investors Service.

Homeowners with flood insurance are less satisfied with their policy coverage than those who opt not to carry it, according to a satisfaction survey of homeowners insurance released by J.D. Power and Associates today.

New York City Mayor Mike Bloomberg, accused of being missing in action during a mega snowstorm last winter, was under a microscope before, during and after Hurricane Irene. And clearly he was determined to get it right this time.