Cyber Risk News

People and Places

The Property Casualty Insurers Association of Americahired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office.Previously, McKay served as chief of staff for U.S. Rep. Katherine Harris, R-Fla. McKay also served for …

My New Markets

Directors and Officers Liability Nuts & Bolts: Navigators Pro is offering directors and officers liability and employment practices liability for all industry sectors. Deductible is minimum, $10,000. Minimum premium is $5,000. Maximum premium is $500,000. Dollars: $1 million to $10 …

A single security breach can trigger multiple coverages

Security breaches are becoming more frequent as businesses increasingly rely on technology to store and transfer assets and sensitive information. With each security breach, there is the risk that a lawsuit or regulatory action could damage a company’s reputation and …

2007 Agency Salary Survey says …

More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual exclusive report, countless opinions and perspectives …

People

The Property Casualty Insurers Association of America hired Benjamin J. McKay III as senior vice president of federal government relations in its Washington, D.C., office. Previously, McKay served as chief of staff for U.S. Rep. Katherine Harris, R-Fla. McKay also …

My New Markets

Directors and Officers Liability Nuts & Bolts: Navigators Pro is offering directors and officers liability and employment practices liability for all industry sectors. Deductible is minimum, $10,000. Minimum premium is $5,000. Maximum premium is$500,000. Dollars: $1 million to $10 million. …

2007 Agency Salary Survey says …

More than a 1,000 insurance agencies nationwide responded to the 2007 Agency Salary Survey published in the March 12, 2007, issue of Insurance Journal. While Insurance Journal published the survey results in its annual exclusive report, countless opinions and perspectives …

Texas AG Cites CVS Pharmacy for Exposing Customer Records

Texas Attorney General Greg Abbott on April 17 took legal action against CVS Pharmacy for exposing its customers to identity theft. According to court documents filed by Abbott, CVS violated a 2005 law requiring businesses to protect any customer records …

National Crime Bureau Partners with Experian to Fight VIN Cloning Scams

Ill.-based The National Insurance Crime Bureau (NICB) recently announced that it has teamed with Experian Automotive, a division of global information solutions company Experian(R) Inc., to use its AutoCheck vehicle history reporting solution to help identify and recover vehicles stolen …

Safeco Rolls Out Package BOP

Seattle-based Safeco isoffering BOP Access, a new commercial insurance businessowner policy that is designed to disentangle the insurance buying process for small businesses — such as restaurants and light manufacturers — that have above-average insurance needs. The product is designed …