Cyber Insurance Rates Up, Unlike Other Commercial Rates

December 3, 2015

  • December 3, 2015 at 2:26 pm
    Agent says:
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    I can see Cyber rates increasing due to the massive hacking going on with numerous businesses and government entities. I wonder why Property Rates are declining because as we are told, Global Warming is causing all kinds of problems worldwide.

  • December 3, 2015 at 3:23 pm
    Perplexed says:
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    Agent, we aren’t seeing decreased property rates in our part of Texas yet. I read the articles about rate reductions, but haven’t seen evidence of it yet. Percentage deductibles are the norm now and they run from 1% to 4%. It’s rough.

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