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... 160 Hold-harmless provisions; Use of information from the carrier's Web site may not be copied, reproduced, etc., without the permission of the carrier; Retention of records in the event of termination of the agreement; and Retention of signed documents and by whom. &# 160  One of the more common types of agency automation is download (the process in which a company sends data to you electronically) . In many respects, download replaces what's fast becoming the antiquated system of mailing paper documents. Although download is more common in Personal Lines, its use with Commercial files, as well as billing and loss information, is rapidly increasing. &# 160  A download file is usually sent each night to the agent's mailbox. To ensure that you're dealing with ... So, it stands to reason that electronic transmission of data won't be any more accurate. Don't assume that downloaded information is error free! Proofread and review it as carefully as you would a paper copy. &# 160   Most companies will assign passwords to agents so that they can access, review, and retrieve data. Make sure you consider the likelihood of security breaches if an employee leaves your agency. Could this person retain access to significant data about your clients? If so, make sure you either change your agency password or notify the carrier that they're no longer an employee and should be removed from the access list. Designating one employee to handle agency/company interface is helpful, since they can assume responsibility for notifying carriers of such situations. & ...

... three recent events that demonstrate clearly that protecting the privacy of client information involves significantly more than keeping outsiders from hacking their way into your network and database. CASE #1 ChoicePoint, a provider of identification and credential verification services for businesses and the government, provided individuals posing as legitimate businesspeople with access to their database. These individuals then set up about 50 fraudulent accounts through which they could view consumer data, including names, addresses, Social Security numbers, and credit reports. CASE #2 Bank of America Corp. lost computer data tapes containing personal information on up to 1.2 million federal employees, including some members of the U.S. Senate. The lost data included Social Security numbers and account information, leaving customers of a federal government charge card program vulnerable to identity theft. CASE #3 ... of potentially fraudulent access to information about individuals at its recently acquired Seisint unit. These incidents arose from third parties misappropriating IDs and passwords from legitimate customers. As a result, information on approximately 32,000 individuals might have been fraudulently accessed, including names, addresses, Social Security, and driver's license numbers (but not credit history, medical records, or financial information) . Again, this breach was caused by supposedly legitimate people who were provided with an account that allowed them to gain access. NEW LAWS AHEAD? Vermont's Patrick Leahy, the top Democrat on the Senate Judiciary Committee, said recently that this slew of data thefts and other leaks requires a "comprehensive rethinking" of the laws regulating companies that compile electronic dossiers that are usually purchased by creditors, employers, or police. ...

...ts (marketing system). 2. Gathers data and analyzes needs (risk management sy...such as cocktail napkins, would be a breach of the system and therefore not sy...

...ee certain customer lists, pricing data, supply sources, product design inform...uate to compensate Employer for such breach. Therefore, if Employee breaches any of such provisions, then Emp...

...cy Equifax announced a significant data breach. Hackers were able to access th...port freeze can protect your personal data and identity. Consider monitoring y...

...rs need to share computer resident data, they should use message-forwarding fa... to aggressively implement Electronic Data Interchange (EDI) and other electro...

...cybersecurity goes deeper. Regular data backups are essential for all businesses. Backing up data ensures critical information is not h... them into vigilant guardians of your data, helping to ensure cyber criminals...

...ng plans Computer programs and data compilations Training and service ...tion program. Should you encounter a breach, or threatened breach, act expeditiously to retain compe...

...nd disagreement. Today, electronic data processing is a necessity in all major... Data Processing ...

... , even during a recession, you can manage these risks. Here are the top five most common retirement risks and the best ways to deal with them: All Articles by Erin Carlson Comments (0 ) Freezing Your Credit This content has not been rated yet. Erin Carlson 10/26/2018 12:00:00 AM In early September, the credit reporting agency Equifax announced a significant data breach. Hackers were able to access the names, birth dates, Social Security numbers and addresses of 143 million consumers, which put their identity and credit at risk. A credit report freeze is one protective measure Equifax recommended. Every consumer, including you, should understand this protective measure as you protect your data, identity and credit. All Articles by Erin Carlson Comments (0 ) HMO ... PPO, AND POS- PROS AND CONS This content has not been rated yet. Erin Carlson 10/26/2018 12:00:00 AM When choosing a Health insurance program, it's all too easy to drown in an alphabet soup of acronyms- everything from ACOs (Accountable Care Organizations) to WHRN (Whole Health Resources Networks) . All Articles by Erin Carlson Comments (0 ) How to Have a Fiscally Sound Year This content has not been rated yet. Erin Carlson 10/26/2018 12:00:00 AM There's no time better than the beginning of the year to set some fiscal goals and create a plan for improving your financial situation. You are probably ready for a brand new beginning and the thought of sticking to a budget after the holiday spending spree ...