Healthcare Experiences Unprecedented Data Breach
Anthem had an unprecedented data breach that occurred this morning. This is the largest healthcare related data breach of all time with over 80 Million records stolen. Anthem has created a website, Amerifacts.com, to give individuals one central location for information about the incident. Between the website, swift notification of the authorities and quickly hiring an outside consulting firm to handle the breach & discovery Anthem has become a model of how a breach should be handled upon discovery.
Cyber-Liability exposures continue to rise in all industries, regardless of sized companies. Anyone who collects personal information is at risk for a breach. Please contact a Fidens insurance specialist for more information on how to obtain insurance protection. We can be contacted here.
Happy Small Business Week 2015
Happy Small Business Week to all the small business owners. Fidens supports all the small businesses & we are happy to extend a complimentary review of insurance coverages to determine if your business is receiving the best pricing/coverage options per the industry’s best standards. We wholly appreciate the pivotal roles small business play in this country & wants to help insure, protect, grow small businesses everywhere. Please contact Fidens Insurance Brokerage for a free consultation today.
GEICO & Allstate Raising Insurance Premiums
Insurance industry giants GEICO & Allstate are raising their premiums in 2015. GEICO will boost auto premiums due to underwriting results a decline in the 1st quarter of this year. A GEICO representative stated that the company experienced increases in the frequency & severity of claims. In it’s most recent SEC filing the company said, “As a result, we are implementing premium rate increases as needed”. Another one of the largest home/auto insurance carriers Allstate are also raising their premiums despite first quarter profits grew 13%, auto coverage plunged 48%. Chief Executive Officer Tom Wilson was quoted saying, “There are more accidents now over the last couple of years than there have been because economic activity has gone up and more people are driving. We and other people have been raising our rates to account for that.” For more detailed information & statistics about the premium increases please read article from insurancejournal.com
Please contact a Fidens Insurance Brokerage specialist today to discuss your home and auto insurance needs.
Fidens High-Value Home Insurance Services Expands Client-Base
Fidens newly appointed Director of Personal Lines, John Addonizio, successfully rolled out the brokerages high-end insurance services several months ago. This was a core aspect of Fidens strategic launch of its individual home & auto division two years ago with the goal of obtaining tailored, cost-effective coverages for every client.
The program has experienced great success and continues to expand its client-base. Most recently, Director John Addonizio was noted in properly insuring one of the most expensive condos ever sold in New Jersey for a markedly great price. To this end, Addonizio’s mantra resonates deeply within the principals of Fidens: “Whether it is for a renter’s policy, a starter home, a business/corporation, or multi-million dollar property you deserve representation that is looking out for your interest and not the insurance company that the agent may work for.”