July 1, 2009
Georgia Insurance Commissioner John W. Oxendine said insurance agents in several states have been called by scammers posing as insurance regulators in order to collect personal data that would make I.D. theft possible. “While we haven’t had any cases of …
June 26, 2009
The British Retail Consortium (BRC), the leading trade organization for UK retailers, and Willis Limited, the UK arm of Willis Group Holdings, jointly announced the formation of a “strategic alliance that offers a range of bespoke insurance services to BRC …
June 25, 2009
The parent company of retailers T.J. Maxx and Marshall’s will pay $9.75 million in a settlement with multiple states related to a massive data theft that exposed tens of millions of payment card numbers. Framingham, Mass.-based TJX Cos. said Tuesday …
June 22, 2009
Two Vietnam veterans are not entitled to damages from a 2007 Department of Veterans Affairs computer security breach in Birmingham, Ala., a federal appeals court panel in Georgia has ruled. Jim Henry Perkins and Jessie Frank Qualls had to prove …
June 17, 2009
Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise– and they are on the alert for any jump in fraud by property/casualty agents and brokers. These days …
June 15, 2009
Fraud Investigators on Alert to Prevent Property/Casualty Agent Abuses from Spreading Those who track insurance criminals for a living say that as the economy has worsened, insurance fraud has been on the rise — and they are on the alert …
June 15, 2009
Insurance agents can play a big role in helping states to fight insurance fraud. And with insurance fraud costing California alone $15 billion each year, or $500 per resident, the cost of which is eventually passed onto consumers, they should …
June 11, 2009
The Main Street America Group, a super regional property/casualty insurance carrier, is making its Main Line business owners’ policy (BOP) product and Main Street Station for commercial lines quoting and policy issuance system available to its independent agents in Massachusetts, …
June 2, 2009
New York-based program manager Insight Catastrophe Group has launched a new division that will provide identity theft programs to personal and commercial lines insurance carriers. The new program includes two supplemental covers: a personal lines product designed to protect a …
June 1, 2009
Employee Background Checks Essential Insurance agents can play a big role in helping states to fight insurance fraud. In fact, because they are on the front lines of insurance transactions, agents might see and hear things before the insurance company, …