A new batch of loss statistics indicates that accidental damage continues to be the primary cause of loss for insurance companies.

The study, conducted by Safeware Insurance Agency, is based on an analysis of all computer and portable electronics claims paid in 2006 and 2007.

According to the analysis, accidental damage accounted for 58.8 percent of all claims paid in 2007. Theft is the No. 2 cause of loss with 18.7 percent of all claims paid. The study reported an overall 29 percent increase in theft claims from 2006 to 2007. The increase is due in large part to the growing use of laptops and portable electronics in the classroom and among business professionals. Safeware classifies this segment of their business as 'Fleet' policyholders, a demographic that includes large businesses, colleges, universities, and primary and secondary schools. This group had a 32 percent increase in theft occurrences in 2007 over the prior year.