What are the Benefits of Identity Theft Insurance?

June 16, 2013April 21, 2014 Guest Author

Why should I get identity theft insurance? While others say that a subscription to credit monitoring is way better than having identity theft insurance, they obviously haven’t looked at the perks and the importance of identity theft insurance. Credit monitoring should be taken for its literal meaning. The word really stands for what it does. But after finding out that your identity has been stolen, you are primarily liable for clearing up the charges on your credit card. Yes, of course, your name can be cleared, but just think about…

Insurance news from Nationwide underscores corporate liability risk

December 10, 2012December 8, 2012 Julie Campbell

Cyber Insurance policies commissioners industry

The computer breach faced by the insurer highlights the chance of exposure from cybercrime. The insurance news that revealed a computer breach to Nationwide’s systems that resulted in the exposure of 1.1 million individuals to identity fraud has underscored the type of cybercrime that businesses are now worried will cause them to face a growing number of civil court actions. The insurer first went public with the announcement of the cyber attack on November 5. However, the initial breach had occurred on October 3 and impacted by that company and…