The basic rule of property insurance is simple: if physical property suffers physical damage, the resulting losses are covered. But what if the property isn’t physical? Cyber data may not be physical as we usually define it, but there’s no doubt it can be damaged and losses can result. We’ve all seen files corrupted and data lost. And we’ve all seen news stories about cyber criminals threatening the data that is the lifeblood of business in the 21st century. But the question remains: how do we insure these losses? The post Protecting Cyber Property With Property Insurance – 017 appeared first on Insurance Research Letter.