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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

APRIL 4, 2024

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. billion in losses, with investment scams making up $4.57 The increased risk and rising financial losses from cyber risk likely drive growth for the cyber insurance market, which tripled in volume in the last five years.

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Financial Loss Cyber Crime Risk 52
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Landlord’s Insurance for Beginners

Cover4LetProperty

OCTOBER 1, 2024

While it’s not included in every policy and if often an add-on to legal protection insurance (see above), it’s may be a valuable option if you want to protect yourself from potential financial losses due to tenant non-payment. Properties in areas with higher crime rates or those prone to flooding may have higher premiums.

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Insurer Insurance Insured Injury 53
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