The AIG Effect on States
Cash flow problems have nearly crippled mega-insurer American International Group in recent weeks, forcing the company to take an $85 billion loan from the federal government. Now, attention remains focused on how AIG’s problems will affect insurers in individual states. Recently, the top insurance regulators from Kentucky, Mississippi, Oregon, Arizona and Connecticut sat down with Insurance Journal’s Ken St. Onge to discuss that impact. Their assessments? Insurers in their states are solvent, so the impact won’t be big.
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Insurance Steps in When Privacy is Breached
Jim Whetstone, senior vice president of technology and privacy at Hiscox, is in charge of his firm’s privacy product that covers data breaches and privacy related exposures. In this part of a recent interview with Insurance Journal’s Andrew Simpson, Whetstone discusses the exposure, the coverage, and what types of firms are at risk.
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As senior vice president of technology and privacy at Hiscox, Jim Whetstone is focused on data and privacy-related issues. In this recent interview with Insurance Journal’s Andrew Simpson, Whetstone discusses how privacy breaches occur and if there is any typical scenario.
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October 3, 2008 at 1:39 pm