Cyber Risk News

St. Paul Travelers, ICBA Partner to Offer Identity Theft Insurance

St. Paul Travelers, a provider of property casualty insurance, and the Independent Community Bankers of America (ICBA) are now offering ICBA member banks access to coverage, where approved, to assist identity theft victims in mitigating the costs associated with reclaiming …

Ill. Insurance Dept. Offers Advice for Holiday Hosts, Travelers

If you’re hosting friends and family this holiday season, it might pay to check your insurance first, according to the Illinois Department of Insurance. Better to know in advance what is covered and what isn’t when hosting that Christmas dinner …

St. Paul Travelers Says “Safety Pays,” Awards Second Largest Dividend

St. Paul Travelers announced today that more than 800 members of the Independent Community Bankers of America (ICBA) will share a $2,245,526 dividend, the second largest dividend to be awarded to those participating in the ICBA/St. Paul Travelers Insurance Program. …

N.Y. Agent Indicted on Charges of Identity Theft, Grand Larceny

New York Attorney General Eliot Spitzer and State Insurance Superintendent Howard Mills announced the indictment of a Bronx man who reportedly sold insurance policies and stole more than $300,000 in insurance commissions by using another man’s name. The 34-count indictment …

Companies May Not Be Protected Against Personal Privacy Breaches

As more companies outsource the processing of sensitive personal information, insurance brokers and their clients need to be better educated about protecting customer and employee privacy, and about data security, panelists told attendees at the recent Professional Liability Underwriting Society …

Companies May Not Be Protected Against Personal Privacy Breaches

As more companies outsource the processing of sensitive personal information, insurance brokers and their clients need to be better educated about protecting customer and employee privacy, and about data security, panelists told attendees at the recent Professional Liability Underwriting Society …

The Hartford Adds Identity Recovery Coverage to Business Owners Policies

The Hartford Financial Services Group has announced it will offer Identity Recovery Coverage as a feature built into most of its Spectrum and Spectrum Xpand small business policies effective Jan. 1, 2006. The Hartford’s coverage, which protects individuals including a …

Insurers Cool to N.Y. Proposal to Freeze Access to Consumer Credit

Insurance company lobbyists urged New York lawmakers in Albany this week to refrain from blocking insurers’ access to consumer credit information as part of their efforts to protect consumers from identity theft. The lawmakers are considering a measure that would …

Taste for Success: Writing Today’s Wineries Requires Attention to Detail

Those who produce great tastes from raw grapes pose unique challenges for producers Insuring wineries is a lucrative and growing business. All 50 states now produce wine and the business has a total economic impact of $33 billion, according to …

Taste for Success: Writing Today’s Wineries Requires Attention to Detail

Insuring wineries is a lucrative and growing business. All 50 states now produce wine and the business has a total economic impact of $33 billion, according to the Wine Institute. Insuring this tasty market, however, requires a producer who is …