Given the steady beat of security breaches, consumers may assume that a cybercriminal already has at least some of their personal information. But in the latest intrusion, at the health insurer Anthem, hackers got their hands on an especially valuable collection of sensitive information on millions of people. Continue reading
If you’re concerned about online privacy, you’ve likely read a lot about what happens to the information you enter into sites like Facebook or Google. But now another website is generating privacy worries: Healthcare.gov. Continue reading
Insurance underwriting applies to almost every type of insurance. Underwriting is the process of classification, rating and selection of risks. The underwriter evaluates applications to determine the risk involved in deciding to accept, or reject, the application. If an application is accepted they then determine the appropriate premium. Continue reading
Moving quickly after the federal terrorism insurance program expired on Dec. 31, 2014, the House of Representatives on Wednesday overwhelmingly approved a bill to extend the terrorism insurance backstop until the end of 2020 Continue reading
The United States missed a year-end deadline for publishing new rules on remote-control aircraft, delaying an eagerly awaited step toward using drones in everything from farming to package delivery. Continue reading
n as the Sony Corp. cyber attack laid bare the kinds of vulnerabilities that typically drive companies to buy insurance policies, the lack of a risk model for insurers means such protection is not always easy to get. Continue reading
The first Christmas trees were decorated with candles. Tiny fires lit all over a dry, dying tree? Talk about an insurance risk. Continue reading
Data breaches had a ton of media attention in 2014, and with good reason: 43 percent of companies have experienced a data breach in the last year. That number is up 10 percent from the year before and it’s only expected to rise, according to a report from the Ponemon Institute. Continue reading
