Nationwide Insurance falls victim to hacking

November 27, 2012November 25, 2012 S.Vagus

Nationwide Insurance customers targeted by data breach Nationwide Insurance has announced that it has fallen victim to a security breach from an intrepid hacker. According to the South Carolina Department of Insurance, the breached compromised the information of thousands of consumers and a significant amount of personal information was stolen from the Nationwide Insurance system. The agency suspects that the hacker stole social security numbers, drivers license numbers, and even dates of birth from consumers in South Carolina and Georgia. Information of thousands of consumers stolen The South Carolina Department…

The Beazley Group branches out into crime insurance market

April 1, 2011April 1, 2011 Marc

The Beazley Group, a specialist risk insurance and reinsurance company, has announced that they will be expanding into the fidelity and crime insurance market. The insurer is striving to strengthen its presence in this particular market in the U.S. Aiming to broaden the scope of buyer choice within the market, Beazley has assembled a team they believe is capable of driving their aim. The group will establish limits of $25 million for coverage for both financial and non-profit organizations. Bill Jennings, among the most experienced underwriters available, has signed on…