Cyber Risk News

NAII PRAISES FCRA SIGNING:

The National Association of Independent Insurers lauded President Bush’s signing of the Fair and Accurate Credit Transactions Act of 2003, legislation that an NAII official said was one of the trade group’s “highest legislative priorities in 2003.” According to the …

President Inks Reauthorization of Fair Credit Reporting Act

President Bush on Thursday signed the Fair and Accurate Credit Transactions Act of 2003, legislation that permanently reauthorizes seven expiring provisions of the federal Fair Credit Reporting Act (FCRA). “Permanent reauthorization of the FCRA was one of our highest legislative …

PLUS Convention Highlights D&O, E&O Concerns For Agents/Brokers

The Professional Liability Underwriting Society’s 16th annual convention, held Nov. 9-11 in Philadelphia, featured a broad range of discussions on timely issues facing insurers, agents, brokers and the lawyers who represent them in an expanding and high profile field. Attendees …

Policy Options and Offerings are Major Issues for Mid-Size Manufacturers

Coverage options and product offerings, rather than price, are the most important factors for middle market manufacturers when they go looking for insurance to cover their businesses. At least that’s the conclusion of a study conducted by The St. Paul …

Alliance Urges Congress to Settle Differences on FCRA Before it Expires

Following the Senate’s 95‑2 approval of S 1753, the Alliance of American Insurers urged quick action to resolve differences between the House and Senate versions of the Fair Credit Reporting Act (FCRA) renewal. “Senate passage of legislation permanently reauthorizing those …

Calif. Trio Pleads Guilty to Scheme

Three men pleaded guilty to multiple felony counts on Sept. 10 involving an automobile insurance fraud scam that was exposed during a three-year joint investigation by CDI, California Highway Patrol, National Insurance Crime Bureau, Franchise Tax Board and the California …

Calif. Trio Pleads Guilty to Auto Fraud Scheme

Three men pleaded guilty to multiple felony counts on Sept. 10 involving an automobile insurance fraud scam that was exposed during a three-year joint investigation by CDI, California Highway Patrol, National Insurance Crime Bureau, Franchise Tax Board and the California …

BOPs, The Small Business Shield

Like a fine wine, BOPs seem to be getting better with age. Long the marketplace standard of property and liability insurance for small businesses, BOPs, known more formally as Business Owners Package policies, have survived and thrived by changing along …

BOPs, The Small Business Shield

Like a fine wine, BOPs seem to be getting better with age. Long the marketplace standard of property and liability insurance for small businesses, BOPs, known more formally as Business Owners Package policies, have survived and thrived by changing along …

Uniform National Standards Necessary in FCRA Reauthorization

The Alliance of American Insurers says the Senate Banking Committee’s efforts to maintain a national standard for consumer protection rather than allowing states to enact conflicting provisions is a positive step forward as Congress moves to reauthorize the Fair Credit …