July 18, 2005
Nuts & Bolts: St. Paul Travelers launched a basic Internet liability policy aimed at small to mid-size technology. Internet basic liability protection is designed for technology businesses or firms with between $5 million and $100 million in revenues that conduct …
July 18, 2005
Arkansas P/C Claims Reports Hearing Scheduled The Arkansas Insurance Department will hold a public hearing July 27 to determine whether Insurance Commissioner Julie Benafield Bowman should revise and re-adopt Rule and Regulation 61, “Insurer Reports of Arkansas Property and Casualty …
July 18, 2005
Outsourcing Coverage Nuts & Bolts: Lexington Ins. Co., a member company of American International Group, launched Outsourcing Protector, a new property insurance offering designed to help companies address the risks of domestic and overseas outsourcing. Outsourcing Protector, an endorsement to …
July 11, 2005
Under a new law signed by Governor M. Jodi Rell, consumers in Connecticut will have the right to put a security freeze on their credit files to prevent identity thieves from opening new credit accounts in their names. Also, businesses …
July 8, 2005
With companies reporting data breaches seemingly every week, more people are becoming victims of identity theft, according to a survey of more than 1,850 Americans sponsored by Chubb Group of Insurance Companies. The survey found that 20 percent of respondents …
July 4, 2005
Well-intentioned legislation aimed at fighting broad-based identity theft needs several changes before it can work effectively for property/casualty insurance policyholders, according to Raymond G. Farmer, Ameri-can Insurance Association assistant vice president of the Southeast Region. “Similar security breach legislation has …
July 4, 2005
Nuts & Bolts: Rocklin, Calif.-based, Abram Interstate Insurance Services Inc. has a new preferred and standard homeowners and dwelling fire market with Travelers Ins. Co. Tailored endorsements include additional coverage endorsement, value added plus, high value plus and identity theft; …
July 4, 2005
Well-intentioned legislation aimed at fighting broad-based identity theft needs several changes before it can work effectively for property/casualty insurance policyholders, according to Raymond G. Farmer, Ameri-can Insurance Association assistant vice president of the Southeast Region. “Similar security breach legislation has …
July 1, 2005
The Louisiana State Police reported that troopers from its fraud unit have arrested Sam Medica, age 42, of Alexandria, who is charged with LRS 14:67.16 Identity Theft (1 Count). The arrest follows a year-long investigation that began when insurance fraud …
June 27, 2005
Americans willing to pay for a personal information protection insurance plan expect to pay $88 annually, according to an online survey by graduate student researchers at Boston University. The researchers link the public’s rising concerns over information security to increased …