From the Orlando Business Journal
The rise in identity fraud has many business owners concerned, and it’s prompting at least one insurance company to do something about it.
Starting Jan. 1, The Hartford Financial Services Group Inc. (NYSE: HIG) will include a new identity recovery coverage program to all its new or renewed small business policies.
The Hartford’s coverage will protect individuals, including sole proprietors, partners of a business and owners of 20 percent of a business, but not the business itself.
Coverage includes advice and information from The Hartford on how to respond to a suspected case of identity fraud; personalized help from a case manager who will assist the business owner on correcting personal credit history and identity records; and provides up to $15,000 for out-of-pocket expenses such as obtaining credit bureau reports, postage, phone and shipping fees, and notary and filing fees.
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