April 9, 2007
Security breaches are becoming more frequent as businesses increasingly rely on technology to store and transfer assets and sensitive information, such as customer names and credit card numbers. With each security breach, there is the risk that a lawsuit or …
April 3, 2007
Texas Attorney General Greg Abbott has taken legal action against Fort Worth-based RadioShack Corporation for exposing its customers to identity theft. According to documents filed by the AG on April 2, 2007, RadioShack violated a 2005 law requiring businesses to …
March 29, 2007
Euclid Managers, LLC, an underwriting manager based in Kansas City, announced a new insurance product for service professionals. This new product, BusinessWare, packs a variety of professional liability coverages into one policy form. Some of the built-in protections include errors …
March 26, 2007
Auto No Fault “This bill would benefit a small group of citizens and a large group of attorneys, while driving up the costs for many.” Rep. Fulton Sheen, a Republican from Plainwell commenting on a bill that would change who …
March 26, 2007
Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT companies are inherently creative and …
March 26, 2007
Information technology companies may explore the new frontier everyday, but do they know where their exposures lie? Will they be ready for the next big liability risk close encounter? “Owners and or creators of IT companies are inherently creative and …
March 26, 2007
Motorcycle Program Nuts & Bolts: Arrowhead General Insurance Agency Inc.’s Personal Lines Division has expanded its motorcycle program to Pennsylvania. Coverage is being provided by a carrier rated “A-” by A.M. Best. Coverages range from $15,000/$30,000 to $100,000/$300,000. There is …
March 23, 2007
Texas State Rep. Helen Giddings announced that four bills she sponsored that deal with workers’ compensation and identity theft passed the House of Representatives and will proceed to the Senate. The first of the four bills to pass, HB 886, …
March 16, 2007
One in three global businesses see loss of data as a significant threat and the key issue to address in operational risk management planning, according to the latest global risk briefing report conducted by the Economist Intelligence Unit (EIU) and …
March 12, 2007
Fireman’s Fund Insurance Company has introduced Data Compromise, a coverage and service solution for businesses that provides legal consulting, customer notification services and credit monitoring as well as identity restoration for customers, employees and others affected by a data breach. …