The business of insuring intangible risks is still in its infancy

THE development, hundreds of years ago, of ship and cargo insurance was revolutionary. It marked the start of commercial insurance; protection against loss from looting, fire and the perils of the high seas fostered global trade. But in the 21st century the value of companies consists less of solid objects, such as boats and buildings, […]

Here’s What to Know about Insuring an Obscure Imported Car

Let’s say you’re casually web shopping for used cars—one of our favorite time-wasting activities—and something unusual grabs your interest. Maybe it’s one of those exotic Japanese domestic market (JDM) cars, one that has lived out the 25-year U.S. import restrictions and is finally available stateside. Even more intriguing, let’s say it can be had for less than […]