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Munich Re
HSB WHISTLESTOP Edition 02/2019
Risk Solutions
For Partners
HSB cyber poll finds cloud disruptions cost millions
Business losses stem from ransomware and data breaches
Three-quarters of U.S. businesses use the cloud for data storage, according to HSB's latest cyber survey of business owners and executives, and almost half have had a service interruption with losses in some cases totaling up to $1 million or more.
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Hartford Steam Boiler
In this issue
» HSB cyber poll finds cloud disruptions cost millions
» Agents want service line coverage
» HSB infrared inspection saves a school $60,000
Agents want service line coverage
Many people don't realize they are likely responsible for repairing damage to sewer pipes and other service lines that are connected to their homes. Once a service line fails, they may discover that many homeowners policies don't cover this expense. So, it's not surprising that almost nine of ten insurance agents want insurers to offer additional coverages, such as service line insurance.
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HSB infrared inspection saves a school $60,000
HSB's loss prevention services are an important benefit for your customers. We can help them prevent expensive breakdowns and reduce energy costs. A recent HSB infrared survey did both when a serious electrical exposure was discovered in a school and resulted in an unexpected $60,000 utility company credit.
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Recent Paid Claim: Home Sewer Line Collapsed
When a homeowner experienced a sewage blockage twice in a week, a contractor discovered the sewer line had collapsed. Outdoor property and landscaping were damaged when the line was replaced. HSB's Service Line insurance helped pay for repairs.
Service Line Repairs $4,178
Replacement of property and landscaping $4,235
Total Paid Loss $8,413
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Hartford Steam Boiler
One State Street
P.O. Box 5024
Hartford, CT 06102-5024
1-800-HSB-1866 (1-800-472-1866)

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