Cyber Risk News

Mich. Privacy Rules Take Effect

Michigan Office of Financial and Insurance Services (OFIS) Commissioner Linda A. Watters announced that new rules designed to help protect the security and confidentiality of insurance companies’ customer information took effect Aug. 24. The rules establish standards for the companies’ …

Experian Conference Set for Boca Raton

CEO coach Ram Charan, ChoicePoint Chairman and CEO Derek Smith, master motivator Dan Clark and Enron whistleblower Sherron Watkins are among the speakers to headline the Vision 2004 Conference, hosted for the 24th year by Experian, a global information solutions …

SIIS to Hold Fall Conference in Fort Worth

Southwestern Insurance Information Service announced that “Legislation, Regulation and Education” is the theme of its 51st Annual Fall Conference, to be held Sept. 19-20, 2004, at the Doral Tesoro Hotel in Fort Worth, Texas. “We have arranged a diverse group …

Tenn. Legislature Backs Workers’ Comp Reform Bill; Industry-Related Bills Also See Attention

The 2004 Tennessee General Assembly passed a number of insurance-related bills this year, including several on the use of credit scoring, workers’ compensation and tort reform measures. “We’re especially pleased with the workers’ compensation bill, which includes a number of …

Oklahoma Governor Signs Identity Theft Bill

Oklahoma Gov. Brad Henry has signed Senate Bill 1164, a measure designed to help protect victims of identity theft. According to the Senate Communications Office, State Sen. Mike Johnson, R-Kingfisher, is principal author of the bill, which creates an “Identity …

Fla. Arrests Four for Identity Theft, Racketeering;Tally Could Top $1 Million

Florida Attorney General Charlie Crist and Kissimmee Police Chief Mark Weimer announced the arrests of four individuals following an investigation into an identity theft ring. Michael Townsend and Gregory Gaffney, both of Kissimmee, Karen Looney of Davenport and Eugenia Kennedy …

Identity Theft – It Can Happen to You

As an industry, insurance has been sold to protect people from all kinds of loss. Most of that coverage is around insuring property against loss due to a variety of risks including theft. But in today’s day and age, a …

Three Individuals Arrested in Separate Fraud Cases

The California Department of Insurance, Fraud Division (CDI) was involved in the arrest or surrender of three individuals in three separate cases. On May 6, Gaetano Chirco, 55, of San Jose, self-surrendered in Santa Clara County on a felony arrest …

N.J. ALLOWS CREDIT SCORES:

New Jersey insurance officials, after reviewing their own test and the results in other states, have decided to permit the use of credit scores in the rating of private passenger auto policies. Last year, the Department of Banking & Insurance …

The Doctors Co. Adds Starcher to Board of Govs.

The Doctors Company, a national physician-owned medical malpractice carrier, announced the appointment of Diana Starcher to the company’s Board of Governors. Starcher is executive vice president at Wells Fargo Bank and director of the Wells Fargo Phone Bank, a network …