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The cost to install solar power has dropped by more than 40% over the last decade, driving this power source to account for nearly half of new electric generating capacity in 2023, the Solar Energy Industries Association said. First-party coverage will protect the insured against its own lost data or business revenue, while third-party coverage will protect the insured against outside claims resulting from negligence or inadequacies regarding the reliability and/or security of the insured's computer network or website; both types of coverage are advisable. Loss Control On-Site Inspection: * What are the age, construction, and condition of the company's bu ildi ng(s)? * What hazards are posed by any adjacent buildings? * What is the layout of the premises? * What safety devices does the insured have in place on its boilers? * Is there an alarm system to indicate when liquid levels are low? * Are boilers separated from production areas and placed in their own fire division? * Items To Investigate: * Is the insured more dependent on location or reputation for its business? * In the event of a loss, is the insured more likely to repair, rebuild, or relocate? * Does the insured store valuable information on a computer network that can be accessed through the internet? * Has an outside party been commissioned to periodically test its electronic security protocols, and/or confer with any outside experts to review its security policies whenever they are revised? - Anthony Bellano