Cyber Risk News

N.H. Adopts ID Theft Law

New Hampshire Gov. John Lynch has signed into law legislation giving New Hampshire consumers new tools to protect themselves against identity theft. Senate Bill 334 allows victims of identity theft to ask their credit reporting agency for a “credit freeze.” …

Lexington Enhances LexElite Homeowners Coverage

Lexington Insurance Company, a member company of American International Group, Inc. (AIG), has expanded its LexElite homeowners insurance policy to now include coverage for mechanical breakdowns, identity theft and accidental death and dismemberment (AD&D). In addition, LexElite Homeowners Insurance is …

Insurers Urge Veto of N.Y. Credit Freeze Legislation

New York lawmakers have passed legislation designed to protect consumers against identity theft but insurers are urging Gov. George Pataki to veto the measure because its credit freeze provision does not exclude insurers. The legislation promises to give consumers a …

Identify Theft Protection Measure Clears Okla. House

Victims of identity theft would be given prompt notice of the crime and the opportunity to minimize losses under legislation approved recently by the Oklahoma House of Representatives. House Bill 2357, by state Rep. Dale DePue, would require every state …

Business Moves

Pierson & Fendley, CAA Combined Agents of America LLC, Austin, announced that Pierson & Fendley Insurance Agency LLC of Paris, Texas, joined CAA as the group’s 34th member. Pierson & Fendley has served Paris and surrounding areas for over 70 …

Alaska Legislature rejects self-insurance bill as session comes to end

News Currents Alaska legislators concluded the 2006 regular session this month and in the final hours rejected a bill opposed by insurers that would have encouraged more employers to self-insure for workers’ compensation. Legislators also declined to pass a measure …

Alaska Legislature rejects self-insurance bill as session comes to end

Alaska legislators concluded the 2006 regular session this month and in the final hours rejected a bill opposed by insurers that would have encouraged more employers to self-insure for workers’ compensation. Legislators also declined to pass a measure that could …

Alaska Legislature Ends Session; Rejects Self-Insurance Bill

Alaska legislators concluded the 2006 regular session this week and in the final hours rejected a bill opposed by insurers that would have encouraged more employers to self-insure for workers’ compensation. Legislators also declined to pass a measure that could …

Agents Learn U.S. Insurers Withstood Record Catastrophe Losses with Strong Capitalization, Sound Risk Management

Strong capitalization, sound risk management and efficient global risk sharing enabled the U.S. property/casualty insurance industry to withstand record-setting catastrophe losses in 2005, but the industry also should keep its eye on emerging risks, according to Frank J. Coyne, chairman, …

Consumers, many departments required to fight identity theft

Editor’s Note: This is the second installment of a two-part roundtable discussion on identity theft. Part 1 examined the scope and source of identity theft and can be found on page 100 of Insurance Journal’s April 17 West region issue. …