Technology, Internet News

Ohio Grange Insurance Unveils New Email Tool for Agents

As part of its Ease of Doing Business (EODB) initiative, Columbus, Ohio-based Grange Insurance today unveiled GrangeWire Alerts to agents. This opt-in service is an extension of GrangeWire, an e-mail subscription service implemented earlier this year with more than 3,500 …

Darwin Web Site Educates Brokers on Technology Liabilities

Farmington, Conn.-based Darwin Professional Underwriters, Inc. has debuted its new web site, http://www.tech-404.com/, dedicated to educating agents, brokers, and commercial insurance purchasers about the inherent technology and information liabilities facing traditional businesses, including cyber liability, Internet liability, and technology errors …

Guy Carpenter Report Examines Impact of Nanotechnology

Guy Carpenter & Company, the risk and reinsurance specialist of Marsh & McLennan Companies, announced the publication of “Nanotechnology: The Plastics of the 21st Century?” The study provides “a comprehensive overview of the emerging science of nanotechnology, its potential benefits …

London’s Web Connectivity Appoints Willison New Managing Director

London-based Web Connectivity, which provides solutions for data transformation and exchange, has appointed James Willison as Managing Director with a mandate “to drive its business offerings in the London Insurance market.” The move signals further progress in transforming the London …

CyberTech from Travelers Offers Tech Firms Choice of 3 Coverage Modules

Travelers has launched CyberTech+, a product designed to help protect technology companies from a variety of exposures including errors and omissions, computer viruses, and copyright and trademark infringement. Under the CyberTech+ policy, businesses will be able to select from three …

Main Street America Group Signs with Online Distributor

InsuranceNoodle (www.insurancenoodle.com) said it has signed an agreement with The Main Street America Group to offer the regional carrier’s small business commercial products to independent insurance agencies currently using InsuranceNoodle’s proprietary, online technology platform in all states where Main Street …

Is U.S. Prepared for a Cyber Catastrophe? Businesses Say, ‘No’

Testifying before a Senate Homeland Security and Government Affairs Subcommittee, Karl Brondell of State Farm Insurance Companies warned that the U.S. is not adequately prepared for a cyber catastrophe. The insurance executive outlined what a recent Business Roundtable report identified …

Broker Security Breach Puts N.Y. Workers’ Comp Clients at ID Risk

The names, addresses and Social Security numbers of as many as 540,000 injured workers have been lost, and the state and a contracted company are trying to protect the workers from identity theft. In New York, company and state officials …

NAS Reduces Minimum Premiums for Computer/Technology Liability

Encino, Calif.-based NAS Insurance Services has introduced more flexible classes for most classes of computer/technology liability insurance risks. The minimum premiums of many high risk classes have been reduced. For the lower risk classes, the minimum premium has been dropped …

N.H. Number One Workers’ Comp Program Upgrades to Real Time

The Professional Insurance Agents of New Hampshire Inc.’s NumberOne Comp Program, which offers a variety of monoline workers’ compensation market options to association members, has been upgraded to provide insurance agents with real-time service and new policy delivery services. The …