A Maine heating oil company says somebody gained unauthorized access to one of its bank accounts and stole close to $150,000 while possibly viewing the private banking information of hundreds of customers. Downeast Energy in Brunswick says the money was …
Politico-social trends are rarely static; they evolve over time. Terrorism is no exception. An article on the Lloyd’s of London web site (www.lloyds.com) notes that “today’s extremists are just as intent on causing headline grabbing death and destruction – but …
Kentucky Insurance Department has approved vendors with software that can help insurance companies comply with a new law on collecting premium taxes. The new state law (HB 524) requires insurers to use a verified electronic system to assess premium taxes …
Consumers and companies are vulnerable to hackers and identity thieves even after U.S. authorities arrested a man they said was a master hacker who stole 170 million credit and debit card numbers. Estimates on the total financial impact of breaches …
Five Facebook users have filed a civil lawsuit alleging that the social networking site is violating California’s privacy laws and misleading members about how their personal information is used. The lawsuit, filed in Orange County Superior Court, asks for damages …
Lloyd’s has announced that Miller, a Lloyd’s broker, and Aspen Re were the first to send a message – an energy quotation request, using ACORD data standards – across its Lloyd’s Exchange system. Sue Langley, Lloyd’s Director, Market Operations and …
Federal officials announced the indictment of a Miami man in what they say is the largest identity theft ring ever exposed in the U.S. Albert Gonzales, 28, was indicted for conspiring to hack into computer networks supporting major American retail …
Progressive Insurance wants to ramp up its agency business and plans to turn to a source of strength for its direct sales channel – the Internet – to help make that happen. As Glenn M. Renwick, president and chief executive …
Web-based insurance seller Business Insurance Now has signed with The Hartford Financial Services group to offer home and auto policies. “Many small-business owners share a desire to simplify,” says Jim Cochran, president, Business Insurance Now. “Our customers have been asking …
The Certified Risk Managers (CRM) International Program in México has a new home on the Web: www.crm-international.org. CRM en Espanol was first introduced in México by The National Alliance for Insurance Education & Research in 2006, and is now the …
