October 30, 2006
More than 40 percent of consumers would like their homeowners insurance carrier to offer coverage for identity theft, according to a study released by J.D. Power and Associates. The 2006 Homeowners Insurance Study reported that identity theft insurance is second …
October 25, 2006
Michigan celebrated the 21st anniversary of the H.E.A.T. (Help Eliminate Auto Thefts) program with its annual award program this week. According to the official release, since its inception in 1985, H.E.A.T., with its partners in law enforcement and the insurance …
October 24, 2006
Michigan Attorney General Mike Cox is warning consumers to be aware of a telephone scam in which phony information is transmitted through Caller ID as a ruse to con individuals into providing illicit callers with sensitive personal information. Cox also …
October 23, 2006
Identity theft costs American businesses and consumers a reported $50 billion, and victimizes an estimated 10 million people in the United States each year, according to the Federal Bureau of Investigation. While those numbers are expected to grow, the information-laden …
October 23, 2006
Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology- information-driven society, the threat is even greater, and it’s only getting …
October 23, 2006
Terrorism Insurance Nuts & Bolts: Hiscox USA is now providing terrorism insurance in the U.S., from the U.S. The coverage is being offered to brokers through Hiscox USA’s Armonk, New York headquarters. Hiscox USA, a new operation for European specialist …
October 23, 2006
The Consumer Sentinel database, maintained by the Federal Trade Commission contains more than 1 million consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies and private organizations. In 2005, the most …
October 23, 2006
Corporate Identity Theft Nuts & Bolts: National Union Fire Insurance Company of Pittsburgh, Pa., a member of American International Group Inc., released AIG Corporate Identity Protection, a new insurance policy designed to protect small and mid-sized companies from financial exposures …
October 23, 2006
6.6 Magnitude of earthquake that struck the island of Hawaii, Hawaii on Oct. 15. Although there were no major fatalities, insured loss due to the damage caused by the temblors, rain and landslides are estimated to be widespread, according to …
October 23, 2006
Identity-related fraud is a virulent crime, with 3.5 times the aggregate losses of all property crimes, such as burglary, larceny and vehicle theft, reported last year. In today’s technology- information-driven society, the threat is even greater, and it’s only getting …