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IRMG Brief
Allstate Helps Insureds Decrease Risk of Theft Due To Information Shared On Social Sites
A Facebook Post Could Ruin Your Holiday If A Thief Uses The Information To Plan A Robbery 
Social Network Theft
 
The holidays are a time full of buying gifts, taking vacations, attending parties, eating out, and various other things that take us away from our homes. Many of us share our daily lives with friends and family on social networks like Facebook, but more and more often wrongdoers are using information gathered from social media sites to plan robberies.  Allstate Insurance Company has published a set of guidelines to help insureds decrease risk of theft due to sharing too much information this holiday season. 
 
Many of the tips are common sense and have applied to holiday travel for ages, including leaving a few lights on in your house and stopping newspaper delivery while on vacation, but some, like turning off location tracking on mobile apps, may not be so obvious.  Allstate recommends that insureds wait until they get home to post vacation pictures and avoid gushing about expensive gifts on sites like Facebook and Twitter.  Insureds who use geolocation sites like Foursquare or Gowalla, should wait until they're leaving to "check into" a restaurant or shop.
 
As social media becomes a bigger part of our daily lives, its importance in the insurance industry grows as well.  It can be used across functions from assessing risk to adjusting claims and can even be a risk in and of itself.
Insurance News

Renewal Discussions Kick Off In Baden-Baden
Insurance and reinsurance specialists converge in Baden-Baden, Germany to begin their renewal season discussions in preparation for January 1st, when deals between primary insurers and their reinsurers come to fruition.

Discovering A Historical Site Can Be Devastating For Construction Projects
While fascinating and informative, the discovery of a site of archaeological significance can mean massive delays for a construction project. The excavation process is a meticulous and expensive one that can take years to complete. 

Satellite and cellular technologies are helping underwriters better understand risk, as well as reducing the frequency and cost of claims. The technology takes center stage in loss recovery and recovery of stolen goods.     

 

US Firm Claims To Be Affiliated With Lloyd's Coverholder, But Is Not 

A US entity by the name of Be'Rio Investments purports that insurance coverage has been arranged through Dashwood Brewer & Phipps Ltd of Lloyd's of London, but no such arrangement has been made, according to the Lloyd's coverholder.  

 

Employees Pay For Disability Insurance Upgrades

Employees are often responsible for increasing their disability coverage, with employers covering only part of the core benefit. 

International Risk Management Group is made up of the foremost experts in handling the claims connected to the risks discussed in this brief, as well as those ranging from disability, medical and general liability to key person, casualty, and professional risks and more.

For more information about IRMG, please email me at DBetras@IRMGroup.com or call 1.888.622.IRMG.

Sincerely,                                                         

Danielle Betras
Marketing Director
IRMG

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