The insurance operations of XL Group and ABA Insurance Services Inc., a managing general underwriter, have expanded their employment practices liability insurance (EPLI) product to include additional protection such as wrongful Internet coverage and legal assistance. The coverage offers more …
Houston-based Francesca’s Holdings Corp. reported it has fired its chief financial officer, saying that he improperly communicated company information through social media. But the women’s clothing retailer also raised its fiscal first-quarter earnings estimate, citing better than expected sales. Its …
Yahoo has demanded licensing fees from Facebook for use of its technology, the companies said on Monday, potentially engulfing social media in the patent battles and lawsuits raging across much of the tech sector. Yahoo has asserted claims on patents …
At restaurants, at movies and at the office, checking Facebook has become a regular habit for many of the Internet social network’s more than 800 million users. Now that habit has reached a new frontier: the automobile. Mercedes-Benz USA is …
GEICO is launching a new Facebook app called “GEICO Shortcuts,” which will give GEICO policyholders access to their insurance information using the functionality of the popular social networking site. “Facebook’s dramatic growth has significantly changed the way people consume information,” …
The U.S. isn’t alone in having to deal with the increased threats from social media and the potential they pose to reputation risk, as well as the protection of confidential information. These risks are also becoming more significant for European …
In the age of instant tweets and impulsive Facebook posts, some companies are still trying to figure out how they can limit what their employees say about work online without running afoul of the law. Confusion about what workers can …
Property/casualty insurance companies plan to invest in technology for underwriting, policy administration, consumer portals, predictive analytics/business intelligence and mobility/virtualization. Those are the top five technology priorities for carriers, according to the IVANS 2011 Carrier Automation Trends study. The survey found …
An Indiana school district violated the First Amendment rights of two teenage girls who were punished for posting sexually suggestive photos on MySpace during their summer vacation, a federal judge ruled. The case involving Churubusco High School and Smith-Green Community …
Nobody is going to push the “like” button for a hurricane, but the National Hurricane Center hopes to get some Facebook fans for its storm advisories. The hurricane center joined the online social network in January to give a behind-the-scenes …
