Highlights from the communications, media, and technology section of the U.S. Insurance Market Report 2012 include:

• The 2011 Japan earthquake and tsunami and other catastrophes affected communications, media, and technology (CMT) companies’ supply chains and property exposures.
• Property insurance rates for CMT companies generally increased slightly at the end of 2011.
• The continued development of cloud computing comes with a number of new risks for companies to manage, including data security, patents and copyrights, and performance.
• The industry continues to engage in mergers and acquisitions; risk managers need to be prepared to handle associated risks.