Cyber Risk News

Identity Recovery

Nuts & Bolts: Trident Insurance Services LLC, a wholly owned subsidiary of Argonaut Group Inc. extended its Identity Recovery Coverage–first offered to its public entity customers in April 2005–to college and university customers. For colleges and universities, the coverage protects …

New Markets

Expanded ElderCare Program Nuts & Bolts: Lighthouse Underwriters LLC expanded its ElderCare program in Texas with an assisted living package that includes combined general liability/professional liability, automobile, and excess coverage for assisted living facilities, independent living facilities and continuing care …

Employee Identity Theft and Discrimination Allegations

Nuts & Bolts: NAS Insurance Services’ EPLI program now covers employers for allegations of improper disclosure of confidential information resulting in identity theft. In addition, coverage for employers from allegations of genetic make-up discrimination is also included. NAS Insurance Services …

New Markets

Residential Construction Nuts & Bolts: Lemac and Associates has announced a new market for residential contractors in California targeting “fit & finish” contractors such as cabinet contractors, carpentry (finish), electrical, fencing, floor covering, masonry, painting, steel work (ornamental) and tiling. …

Enhanced Identity Theft Protection

Nuts & Bolts: Travelers Personal Lines, a member of St. Paul Travelers, enhanced its identity theft protection program to include a new resolution service and expanded expense reimbursement coverage. They now offer resolution services that provide identity theft victims with …

Natural Disasters Are Just Part of Commissioners’ Concerns

In addition to natural disasters, health care coverage, federal oversight, uniformity and fraud were among issues of concern to the insurance commissioners of three states who comprised the Commis-sioners’ Panel at the fifth annual Arkansas Insurance Day, held in Little …

N.J. Toughens Identity Theft Protections for Consumers

New Jersey Gov. Richard Codey has signed into law a package of identity theft safeguards with some of the toughest protections in the nation against such fraud. Consumer advocates have hailed the new law as a model for other states …

Fireman’s Fund Offering Grants to Rebuild Fire Departments

Fireman’s Fund Insurance Co. (Fireman’s Fund), Novato, Calif., has announced an initiative to support fire departments rebuilding in the aftermath of Hurricane Katrina. Grants will be awarded to replace equipment and materials damaged by the storm and flooding. An advisory …

Mich. House Passes Medicaid Whistleblower Act

The Michigan House of Representatives yesterday passed H.B. 4577, the Medicaid Whistleblower Protection Statute, by a 106-2 vote. Rep. David Law (R-Commerce Township) unveiled the legislation in March 2005. The statute would amend the Medicaid False Claims Act to provide …

Mich. AG Charges Health Service with 31 Counts of Fraud

Michigan Attorney General Mike Cox has charged a Macomb County-based corporation that provides in-home care and nursing services to severely handicapped patients with 31 counts of filing false Medicaid claims. Cox has also charged the corporation’s owner and CEO with …