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Insurance companies are tightening underwriting standards to overcome the evolving challenges of insuring cyber risks.
From 2015-2017, there were an estimated 2,035 e-cigarette explosion and burn injuries presented to U.S. hospitals.
As cyber risks only continue to worsen, these lawsuits spotlight potential cyber coverage issues for D&O policies.
Correcting a cyber breach is costly and may subject the victimized company to customer lawsuits.
