Chicagoland SIA Blog
Posts about:
Insurance Markets (2)
Insuring the unusual
Recently, Notre Dame, an 800-year-old cathedral in Paris, was devastated by fire. It was not insured, so the billions of dollars in damage will not be paid for by insurance companies. The French government will be responsible for restoring and rebuilding the valuable artwork and property. Often, government entities and very high value individuals or corporations will choose to self-insure, meaning they take on the risk of paying for any damages to property themselves.
Are your clients covered for identity theft?
Did you know that identity theft costs American consumers more than $16 billion each year? Even careful password protection and other security measures do not guarantee identity protection. Here are some common methods cyber criminals use to steal identities.
Emerging markets: Environmental insurance coverage
We hear a lot these days in the insurance world about cyber security and cyber liability coverage. The need for it is great because it affects almost every industry out there. There is another expanding insurance market that you may not have heard as much about but is just as relevant—environmental insurance.