The December 2011 composite rate index measured up 1 percent, closing out 2011 with a rate increase. MarketScout completed the December results after compiling data from its insurance exchange and survey information from agents and underwriters attending CIC institutes administered by The National Alliance for Insurance Education and Research. According to Richard Kerr, CEO of» Read Full Article
22,453,356 – This number represents the amount of patient records that have been breached since 2005 at 595 healthcare entities, according to Privacy Rights Clearinghouse. Last week the Ponemon Institute released their Second Annual Benchmark Study on Patient Privacy and Data Security. Their results reveal a 32% increase in data breaches with 92% of the» Read Full Article
In a recent article by Erik Holm from MarketWatch, he confirms that we are seeing the most aggressive insurance premium increases since 2004. At R&R Insurance, we have seen this slight uptick in renewal prices which indicates to us that 2012 will be a prime opportunity for businesses to review their coverages and their rates.» Read Full Article