Hiscox USA has launched a Healthcare Information Privacy Protection product designed to address the increasing costs and potential liabilities facing healthcare professionals. HITECH, the first federal level breach notification law, puts additional pressure on healthcare professionals when it comes to …
ACE USA, the U.S.-based retail operating division of the ACE Group, has made new enhancements to its privacy protection and network liability protection policies, including a suite of independent data breach specialists and comprehensive coverages. The ACE DigiTech and ACE …
Commercial insurance buyers continue to benefit from lower prices and steady or increasing insurance capacity in property/casualty markets, reports the nation’s largest insurance broker. In its newly published Lockton Market Update, global insurance broker Lockton, also says the U.S. employee …
A national insurer trade organization is praising the Kansas Legislature for passing legislation (HB 2501) that includes what the trade group says are positive changes to the state’s laws regarding the credit information in insurance scoring. Provisions added to the …
Washington Gov. Christine Gregoire has signed legislation into law that encourages financial institutions to comply wtih that data security requirements — or face potential liability if a data breach occurs. According to bill text of HB 1149, “Protecting Consumers from …
MetLife Auto & Home has enhanced its identity protection services to include assistance for tax-related identity theft. The assistance is offered as part of the company’s Identity Protection Services provided to automobile, homeowner, renter’s, and condominium customers at no additional …
Medicus Insurance Co. has created an endorsement that gives insureds coverage for unintentional network security, billing, regulatory and privacy violations. The new endorsement is called Medicus Advantage Gold. The Medicus Advantage Gold endorsement has been added to all Medicus policies …
Online crime complaints increased substantially once again last year, with the number of fraud complaints jumping 22.3 percent and total losses linked to online fraud reaching almost $560 million. That’s according to the Internet Crime Complaint Center, a partnership between …
Midlands Management Corp., an operating subsidiary of PMA Capital Corp., has started a new program with data breach coverage. It is designed for clients in industries that are data intensive and required to comply with stringent regulations and laws governing …
Recent headlines underscore the importance of agents having written security plans to protect the privacy of their clients’ personal information. In the first case, the Virginia Bureau of Insurance fined an agent $1,000 in September for not having a written …
