In a white paper entitled Trends in the Development of Modern Identity Theft Solutions for the Insurance Industry, Identity Theft 911 concludes that by the end of 2006 American consumers will depend on their home, farm and auto insurance carriers for solutions to combat identity theft-related fraud.
“The development of identity theft solutions is virtually industry-wide,” said Adam Levin, Chairman of Identity Theft 911. “We estimate that at least 10% of American households currently benefit from some form of identity theft coverage and/or resolution services. By the end of the year, the level could approach 25%. For this reason, we strongly urge veterans and active duty servicemen and women, who feel that their identities may have been compromised in the recent VA breach of 26 million American veterans, to check with their insurance agent for this type of coverage.
“Contemporary insurance-based identity theft programs often incorporate services to address proactive inquiries from potential security breach victims,” said Identity Theft 911’s President and author of the white paper, Steve Christenson. “You don’t have to be a victim of identity theft to need professional assistance in managing your personal identifiers. Cutting-edge policies were designed with these needs in mind.”
Property and casualty insurance carriers with programs that provide proactive inquiry services and identity theft resolution include: America First Lloyds American National Property & Casualty Chubb & Son Insurance Company Colorado Casualty Commerce Insurance Concord General Mutual Company Co-Operative Insurance Company Enumclaw Insurance Group Factory Mutual Insurance Farm Bureau Town & Country Missouri Farmers Union Mutual Insurance Co Farmers Union Mutual of Montana Farmers Union Mutual of North Dakota Fireman’s Fund Insurance Company Franklin Mutual Insurance (FMI) Grange Insurance Company (Seattle) Grange Mutual Insurance (Columbus) Grinnell Mutual Group Hawkeye-Security Insurance Houston General Insurance Indiana Insurance Company Integrity Insurance Group Jewelers’ Mutual Insurance Liberty Mutual Group Main Street America (National Grange) Mercer Insurance Group MetLife Auto & Home Montgomery Mutual National Farmers Union P&C New Jersey Skylands New London Connecticut Insurance (NLC) New York Central Mutual Insurance OneBeacon Insurance Company Oregon Mutual Insurance Company Peerless Insurance Company Pioneer State Mutual Insurance Company SECURA Insurance State Auto Insurance Company Virginia Farm Bureau West Bend Mutual Insurance Company Westfield Insurance
If you would like more information or a copy of the white paper please contact Sally Martin at Bliss, Gouverneur and Associates – 212 840 1661 or [email protected]
About Identity Theft 911
Identity Theft 911 provides enterprise-level fraud solutions to Fortune 500 companies, a wide spectrum of financial institutions, colleges and universities, and many of America’s largest insurance companies and corporate benefits providers. Identity Theft 911 is a leader in identity theft victim resolution and education, with more than six million households currently included in its retainer-based program. The Company’s cutting-edge products include: RB421(SM), retainer-based blanket resolution and proactive education; IDR911(SM), identity disaster response; SBR911(SM), security breach response; and ITA911(SM), identity travel assistance. Online Banking Report named Identity Theft 911 one of “the 10 most significant innovations and developments of 2003.” For more information, visit www.identitytheft911.com.