Cyber Risk News

California Man Convicted of Insurance Licensing Perjury

California Insurance Commissioner Steve Poizner yesterday announced that Byron Andres Prado, 21, of Northridge was convicted November 2 of one count of misdemeanor identity theft. He was sentenced to 53 days served in jail after committing perjury on insurance licensing …

Oregon Charges Agent Who Dumped Insurance Customer Records in Trash

The Oregon Department of Consumer and Business Services has issued a cease-and-desist order against insurance agent Robert Warren Spruill for violating the Oregon Consumer Identity Theft Protection Act and the Oregon Insurance Code. Spruill, owner of Brooke Auto Insurance and …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Apartments Low Income Subsidized Housing Market Detail: Housing Insurance Services offers programs through two admitted …

Where to Find Coverage for Increasing Data Breach Exposure

Cell phones, smart phones, MP3 players, computers, e-mail, the list goes on and on of technological inventions that are part of our everyday lives. The observation that electronic data density doubles every 18 months—was first conceived in the mid-60’s by …

Oregon Charges Agent Who Dumped Records

The Oregon Department of Consumer and Business Services has issued a cease-and-desist order against insurance agent Robert Warren Spruill for violating the Oregon Consumer Identity Theft Protection Act and the Oregon Insurance Code. Spruill, owner of Brooke Auto Insurance and …

New York Enforcers: $10K-a-Day Fraud Ring Had International Link

A crime ring raked in about $10,000 a day by manufacturing credit cards with numbers purchased illegally from overseas Web sites, committing mortgage fraud and staging car accidents and auto thefts to collect insurance payouts, prosecutors said Wednesday. Thirteen people …

Surplus Lines Has Answer for Increasing Data Breach Exposure

Cell phones, smart phones, MP3 players, computers, e-mail, the list goes on and on of technological inventions that are part of our everyday lives. The observation that electronic data density doubles every 18 months — was first conceived in the …

State Auto Offers Enhanced ID Theft Coverage for Married Couples

The State Auto Insurance Companies, based in Columbus, Ohio, now offer customized Marriage Identity Services, enhancing the lineup of identity protection services available to State Auto policyholders. Through a partnership with Identity Theft 911, a provider of identity theft management, …

What to Know About Red Flags, Notification Laws and the Hi Tech Act

Data breaches have hit an all time high and with that have been a dramatic increase in new data security and privacy laws and regulations. Both state and federal regulations have been in place for several years with regards to …

Small Businesses Confront Big Cyber Risks

Larger Firms Tend to Have More Data Security Resources The theft of personal and private data — from credit card information, to Social Security numbers, to health information, is a thriving global crime — and it is fed by data …