The World Economic Forum released Global Risks 2010, its annual report on the most significant global risks facing the global economy, in a presentation held at Marsh’s London office. The report, which the WEF has prepared in each of the …
Recent headlines underscore the importance of agents having written security plans to protect the privacy of their clients’ personal information. Not only could a breach of clients’ personal information devastate an agency’s reputation; it is likely to result in the …
The ACE European Group has appointed Iain Ainslie to the role of Technology and Cyber Liability Underwriter. ACE said the appointment underscores its “commitment to enhancing its service offering and presence in this sector.” Ainslie will be based in London …
Since its inception in 1985, tips to Michigan’s Help Eliminate Auto Thefts (H.E.A.T.) program have led to recovery of more than $51 million in stolen property and arrests of more than 3,300 suspects involved in auto theft-related crimes Livonia-based H.E.A.T. …
A federal judge in Kentucky has given preliminary approval to a settlement between Countrywide Financial Corp., and millions of customers whose detailed financial information was exposed in a security breach. Under the terms of the settlement, Countrywide, now owned by …
California Insurance Commissioner Steve Poizner today announced that James Alfred Morris, 66, of Covina, has been arrested and charged with eight felony counts of identity theft and six felony counts of grand theft after allegedly stealing a man’s identity in …
California State Insurance Commissioner Steve Poizner today announced that Janet Gail Wroe, 49, of Canyon Country has been convicted of felony identity theft and sentenced to two years in prison after she stole the identity of a senior citizen and …
Joe Plumeri, Chairman and CEO of Willis Group Holdings Limited, the global insurance broker, today called on corporate leaders to recognize and address the risks facing business at the start of a new decade. Plumeri delivered his remarks at Town …
Arizona Attorney General Terry Goddard wants a Connecticut-based insurance company to tell Arizona policyholders whether their personal, medical or financial information was lost or stolen in a security breach six months ago. Goddard’s office says a hard drive containing personal …
The Hartford is offering broader coverage for data privacy breaches and social media liability exposures as part of its cyber liability policy, the company said. “We’re seeing widespread adoption of social media technologies among businesses in virtually every industry,” said …
