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 …
Hurricane Dennis has become a powerful storm of Ivan like proportions. As it churned through the warm waters of the Caribbean, Dennis picked up strength and size. The latest report from Miami’s National Hurricane Center said its maximum sustained winds …
As rescue workers continue to search for the dead and missing, and London begins the long slow process of recovery from yesterday’s devastating bomb blasts that killed at least 37 people and injured over 700, the Association of British Insurers …
Yesterday’s devastating bomb blasts in London, which killed at least 37 people and injured over 700, also caused substantial damage to London’s transport system as well as related property damage. Questions arose shortly after the attacks concerning the P/C insurance …
Bermuda’s XL Capital Ltd. has announced today that its second quarter 2005 results will be adversely impacted by an increase in net reserves in its North American reinsurance operations of $191 million pre-tax. “The after tax charge is $183 million …
A Big Dig worker has pleaded guilty to charges he collected workers’ compensation payments while working another job, Massachusetts Attorney General Tom Reilly announced. Scott Taylor, 39, of Holbrook, pleaded guilty to one count each of workers’ comp fraud and …
Maryland Attorney General J. Joseph Curran, Jr. announced the filing of felony insurance fraud, attempted felony theft and conspiracy charges against Deborah J. Odum of Annapolis. Odum, 51, is presently employed in the Imaging Department of the Maryland Automobile Insurance …
New Jersey Division of Criminal Justice Director Vaughn McKoy announced that four North Jersey residents have been ordered to pay thousands of dollars in restitution and criminal fines for participating in a scheme to stage fake automobile accidents and to …
XOsoft, a provider of continuous application availability software solutions, announced that several new customers have recently purchased their disaster recovery software in preparation for hurricane season. New Florida customers include Gabor Insurance Services, a liability insurer, Ruden McClosky, a law …
ING Canada Inc. announced that its insurance subsidiaries are assisting more than 5,000 of its customers to clean up and repair the extensive water and hail damage they suffered last month as a result of storms in several Southern Alberta, …