Live Insurance News

Should More States Help Agents Find Insurance Leads?

January 25, 2014January 25, 2014 Guest Author

Last month, California made headlines when Covered California handed out thousands of consumer’s information to insurance agents without their expressed interest to be contacted. According to LA Times reporter Chad Terhune, the names given were of people who had signed up on the Covered California website, but had not finished the enrollment process. Was this an act of assistance on the part of the state or a complete breach of privacy? The larger question is “should other states follow suit?” Why Use an Insurance Lead Company? Generally, insurance agents find…

How to Avoid Identity Theft While Signing Up for Obamacare

December 22, 2013April 19, 2014 Guest Author

A woman from St. Louis was reportedly told by the customer service department behind Healthcare.gov that three different people used her address, social security number, and account password. After she was clearly disgusted by the situation, administrators made it worse by saying it will take five days to get her personal information offline, detailed a News 4 official report. ObamaCare Shutdown, Again The Affordable Health Care Act, commonly known as ObamaCare, has had its share of glitches and hold-ups. Fox News detailed a Nov 3rd shutdown for three days, when…

How ID Theft Can Unexpectedly Cause Higher Health Premiums

September 21, 2013February 12, 2014 Guest Author

If we consider how ubiquitous the almighty credit card is these days, it’s not that hard to believe that we are well on our way to becoming a mostly cashless society. Unfortunately, this also means that ID theft and credit card fraud are steadily on the rise. The very real problem of identity theft can wreak havoc on an individual’s credit score. It could also quite possibly lead to expensive health insurance. The proliferation of credit cards and the people who use them in their daily lives placed more importance…

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…

Cyber insurance now offered for protection against social media hackers

September 20, 2012April 30, 2013

Facebook and Twitter account attacks are causing notable damage, but coverage is now available. A company in the United Kingdom has just released a first of its kind form of cyber insurance in order to help protect against hackers that break into Facebook and Twitter accounts. This social media coverage is the first of this nature in the U.K. The policy provides services that are geared specifically toward protecting against damage to a reputation, identity theft, and hijacked accounts. This has made insurance news across the country and around the…