Customer data stolen from TJX Cos. outside Boston by computer hackers has been used to make fraudulent debit card and credit card purchases in the United States and overseas, according to the Massachusetts Bankers Association. The fraudulent purchases have been …
Dallas-based America First Insurance, a member of Liberty Mutual Group, announced the expansion of its Online Billing Service Center to allow its commercial lines customers to make online payments and view their account summaries and payment histories. Commercial customers can …
Ebix, Inc., a supplier of software and e-commerce services for the insurance industry worldwide, has made a proposal to acquire all of the outstanding common stock of Docucorp International Inc. for $11 per Docucorp share in cash and Ebix stock …
Accenture has signed a 10-year, $100 million business processing outsourcing (BPO) agreement with AIG Europe S.A. The Agreement provides for Accenture to set up an IT platform and insurance support services to AIG Entrepreneur, an AIG unit specializing in P/C …
Clem Booth, a member of the management board of Allianz, SE, has been designated the 2007 chair of ACORD’s board of directors. John Kellington, chief technology officer and senior vice president of Ohio Casualty Group, has been selected as the …
Two Virginia lawmakers said this week that they will introduce legislation requiring government agencies and businesses to notify Virginians if their personal information is lost or stolen. Del. Robert Brink, D-Arlington, and Sen. Janet Howell, D-Fairfax, said at a news …
The ACE European Group has launched an expanded IT hardware and network security policy, available exclusively online under the name ComputerGuardPlus. “The policy, which includes cover for the losses resulting from hacking, web site defacement, denial of service attacks and …
Security breaches are becoming more frequent as businesses increasingly rely on technology to store and transfer assets and sensitive information, such as customer names and credit card numbers. With each security breach, there is the risk that a lawsuit or …
Aon has announced it has entered into a letter of intent agreement to acquire Valley Oak Systems of San Ramon, Calif. Aon expects to consummate the transaction by January 31, 2007. Valley Oak Systems (VOS) offers claims management software, services …
A majority of state government agenciesin Virginia are doing an unacceptable job of protecting information like Social Security and credit card numbers, driving records and medical information, according to a state report. Eighty percent of the 104 state agencies and …
