Threat of Data-Privacy Litigation Fuels District Insurance Purchases

Malia Herman reports:

.. It’s unclear how many districts have purchased cyberpolicies. Laubmeier said Aon covers several districts but declined to say exactly how many. “We are seeing a very large uptick in the number of school districts that have inquired about the possibility of cyberinsurance,” he said.

Mr. Gambale also declined to say how many school systems AIG covers, but said it’s definitely an area of growth. Schools and institutions of higher education are now listed as a category in his firm’s risk portfolio.

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