AIG Will Now Include Cyber Coverage in Commercial Casualty Insurance Policies

Beginning in the first quarter of 2018, American International Group, Inc. will expand commercial casualty policies to include cyber coverage. This decision comes after the now infamous Equifax breach that affected millions of customers, along with an ever-increasing number of similar cyber crimes across the globe. AIG says their new policies will provide better coverage and make the terms of coverage clearer to clients.The move will result in higher rates for policyholders but is it worth it? Find out why AIG says it is here.