Is There such a Thing as Internet Insurance?

http://live.pirillo.com - Sam writes: "My question that I wanted to ask is for someone like yourself who has a real identity online... do you insure yourself against things like Defamation as you are being broadcast live? I mean if you were talking to your wife in another room about how you thought the snack food you were eating tasted icky you would be then liable to a lawsuit for defamation."