First, it reduces employee pain and suffering. Third, it prevents the indirect cost of these accidents-lower employee morale, lost productivity and the cost of paying for overtime or temporary workers. The case of a Brooklyn busboy hacking his way into finding billionaire investor Warren Buffett's Social Security number and mother's maiden name illustrates that no one is safe from identity theft, insurers said. American International Group and Travelers Insurance are two companies offering specific identity theft policies, although they are targeting very different clients. Anyone with a Social Security number can be a potential victim.
Travelers offers a policy that covers expenses associated with identity theft.
AIG has contracted with Kroll Associates' personal security services to help identify risks and prevent identity theft. To help recover these valuable goods, two databases will be linked later this year. The NER database will be used by insurers, equipment owners and law-enforcement agencies to help identify stolen equipment and facilitate its recovery and return to its owners. The link between the ISO ClaimSearch system and the NER database will enable insurers to register equipment losses. The NER database will tie pieces of equipment and their identifying information, such as serial numbers and other distinctive characteristics, to the owners to help law-enforcement agencies determine whether equipment is in the possession of its owners or others.