The average cost of liability insurance for corporates in the USA has risen by 32 % in the first half of this year , having been flat for most of last year . “We will be very selective,” said Danielle Librizzi, an executive with the insurer. Furthermore , there is now typically a cap of $ 100 million in place , with higher deductibles , which means that for companies like Target , which has to foot a bill of $ 100 million , that it is likely out of pocket . Another factor is that some companies are being told that even with a $ 100 million cap in place , the first $ 25 million has to be paid for by the company , not the consumer . Of course , all of this is only relevant to those companies that can actually find an insurer willing to take their risk in the first place .
The average cost of liability insurance for corporates in the USA has risen by 32 % in the first half of this year , having been flat for most of last year . Furthermore , there is now typically a cap of $ 100 million in place , with higher deductibles , which means that for companies like Target , which has to foot a bill of $ 100 million , that it is likely out of pocket . Another factor is that some companies are being told that even with a $ 100 million cap in place , the first $ 25 million has to be paid for by the company , not the consumer . Of course , all of this is only relevant to those companies that can actually find an insurer willing to take their risk in the first place .