A recent NAIC report shows a cybersecurity insurance market worth approximately $6.5 billion, a 61% increase over the previous year.
Tag: market
As Florida’s Insurance Market Darkens, Companies Use ‘Trade Secret’ to Keep Data Hidden
As profitability of Florida property insurers declines, companies are increasingly blocking information they’d rather competitors — and the public — not see. State insurance laws allow companies to designate as “trade secret” any information they assert could put them at a competitive disadvantage if disclosed. The onus then falls on a member of the public… Continue reading As Florida’s Insurance Market Darkens, Companies Use ‘Trade Secret’ to Keep Data Hidden