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Identity stolen? Do these 12 things now

July 20, 2015 by The Insurance 411Leave a Comment

credit As soon as you suspect that you’ve been a victim of identity theft, taking these steps immediately will help you clear your name and your credit. Also, consider grabbing a free credit report from myBankrate. 1. Notify affected creditors or bank If a bank account or existing credit line has been affected, shutting it...
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Theme: Auto & Homeowners, News, Recommended

Cyber Stakes Rise Amid OPM Breach Fallout

July 19, 2015 by The Insurance 411Leave a Comment

The unfolding story on what is being described as the largest cyberattack into the systems of the United States government reads like an episode out of CSI Cyber. Today the head of the Office of Personnel Management (OPM) Katherine Archuleta resigned as fallout continued in the wake of Thursday’s revelation that the second of two massive data...
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Theme: Business Insurance, News, Recommended

U.S. Winter Storm Losses Mount

July 19, 2015 by The Insurance 411Leave a Comment

As my kids head off for their snowy-themed day at camp, the statistic that jumps off the page in the 2015 Half-Year Natural Catastrophe Review jointly presented by Munich Re and the Insurance Information Institute (I.I.I.) is the record $2.9 billion (and counting) in aggregate insured losses caused by the second winter of brutal cold...
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Theme: Business Insurance, News, Recommended

Insurance Responds To Rising Costs of Food Recalls

July 19, 2015 by The Insurance 411Leave a Comment

You may have read that the Justice Department is warning food manufacturers that they could face criminal and civil penalties if they poison their customers with contaminated food. Recent high profile food recalls, such as the one at Texas-based Blue Bell Creameries and another at Ohio-based Jeni’s Splendid Ice Creams, have drawn attention to this...
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Theme: Business Insurance, News, Recommended

Pride in Insurance

June 28, 2015 by The Insurance 411Leave a Comment

June is Pride month and our annual round-up of the latest insurance news around the LGBT (lesbian, gay, bisexual and transgender) community takes on added significance with today’s U.S. Supreme Court decision on same-sex marriage. The Supreme Court decision in Obergefell v Hodges means that the U.S. Constitution guarantees a right to same-sex marriage in...
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Theme: News, Recommended

How To Insure A $120 Million Horse

May 2, 2015 by The Insurance 411Leave a Comment

The Kentucky Derby is upon us and insurers are more than just spectators at this major sporting event. Bloodstock and equestrian insurance is big business with underwriters who specialize in offering tailored protection for high value animals. Consider the staggering values at stake. A BloombergBusiness article by Mason Levinson tells the tale of American thoroughbred...
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Theme: Business Insurance, News, Recommended

The Everything-PPACA edition of Health Wonk Review

April 27, 2015 by The Insurance 411Leave a Comment

The ongoing rollout of the Affordable Care Act is the primary subject of this edition of Health Wonk Review – but there’s much more from the best of the health policy blogosphere – all summarized here for your reading pleasure! PPACA rollout Brad Flansbaum has written a thoughtful and compelling perspective on the impact of...
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Theme: Healthcare, News, Recommended, Workers Comp

Time to Consider Product Recall Insurance?

April 27, 2015 by The Insurance 411Leave a Comment

The decision by Texas-based Blue Bell Creameries to recall all of its products after two samples of its ice cream tested positive for listeria is a timely reminder of the importance of product recall insurance. Product recalls can be costly and logistically complex. In Blue Bell Creameries’ case the expanded voluntary recall announced Monday night...
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Theme: Business Insurance, News, Recommended

Love, Actuarially…

April 17, 2015 by The Insurance 411Leave a Comment

Actuaries have the top-rated job in America, which gives I.I.I. chief actuary James Lynch a chance to crow. Actuaries – the number crunchers of the insurance industry – have the best jobs in the United States, according to the latest annual analysis by CareerCast.com. Newspaper reporters have the worst. This has a personal resonance, because I...
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Theme: News, Recommended

Terrorism Risk and Economic Stability

April 5, 2015 by The Insurance 411Leave a Comment

The April 2013 Boston bombing may have marked the first successful terrorist attack on U.S. soil since the September 11, 2001 tragedy, but terrorism on a global scale is increasing. Yesterday’s attack by the Al-Shabaab terror group at a university in Kenya and a recent attack by gunmen targeting foreign tourists at the Bardo museum...
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Theme: Business Insurance, News, Recommended

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