SAN FRANCISCO (MarketWatch) — When dogs bite people, insurers often pay. But what happens when bed bugs bite?
Bed bug infestations in the U.S. have multiplied at an alarming rate in recent years.
A recent survey of almost 1,000 pest exterminators found that 95% of the firms had dealt with a bed bug infestation in the past year. That was up from 25% of firms in surveys conducted before 2000. The National Pest Management Association, which did the surveys with the University of Kentucky, described the trend as a pandemic.
Bed bugs are more difficult to get rid of than cockroaches, ants and termites, so it costs thousands of dollars to clean them up.
Big companies, including TimeWarner Inc., TWX, have been hit with infestations. …