Under section 326 of the USA Patriot Act, the property/casualty industry remained unaffected in the latest round of proposed rules. This week, Treasury, the Financial Crimes Enforcement Network, and the seven federal financial regulators issued final rules requiring certain institutions …
The Association of California Insurance Companies (ACIC) says a California consumer privacy bill that was set to be heard in the Senate Judiciary Committee Feb. 18 is unnecessary because current state law and department of insurance regulations give insurance policyholders …
First Floridian Auto and Home Insurance Company of Tampa now offers Identity Fraud Expense Coverage in Florida. According to the company First Floridian homeowners and tenants policyholders can be covered for expenses related to clearing their name and financial records …
The Florida Department of Financial Services, the new agency resulting from the merger of the departments of Insurance and Banking and Finance, has opened its doors. The agency, headed by Chief Financial Officer Tom Gallagher, is responsible for serving consumers …
Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of communications for the …
Fraud, in all forms, is as old as the industry itself. Given a struggling economy, the temptation to create fraud against or within the industry has been on the upswing recently. According to Jim Quiggle, director of communications for the …
Property/casualty professionals can learn about coverage for identity fraud expenses by accessing an online recording of a Web seminar on the topic, held recently by the American Association of Insurance Services (AAIS). AAIS recently developed and filed an “Identity Fraud …
Insurance Services Office Inc. (ISO) has introduced a new optional endorsement under its Homeowners 2000 program that insurers can offer homeowners and other consumers to protect themselves against the growing crime of identity theft and fraud. The new ISO endorsement …
Recently, the White House unveiled the National Plan to Secure Cyberspace, an initiative urging insurers and companies to assess and manage exposures to cyber risk. Among other things, the plan calls for developing new best practices and standards for this …
Recently, the White House unveiled the national plan to Secure Cyberspace, an initiative urging insurers and companies to assess and manage exposures to cyber risk. Among other things, the plan calls for developing new best practices and standards for this …
