The
THE VOICE OF TEXAS INSURANCE RE C O R D INSURANCE
Published Since 1934 • Dallas, Texas February 25, 2010 • Vol. 76 No. 4
WARREN, N.J.—Nearly 30% of people have cleaned up their social networking profiles for job interviews, and the economic downturn has made them more cautious about postings on social media sites, according to a phone survey of 1,000 Americans sponsored by the Chubb Group of Ins. Cos.
More than one in four (27%) of respondents said they have posted a comment on a news site or blog. One third of 18- to 34-year-olds have posted a comment on news sites or blogs. And 37% of those respondents making $100,000 or more have posted a comment.
The survey results show that while some people are being cautious about putting personal information online, many are unaware of the liability exposures associated with posting comments to blogs or other Internet sites.
Shot in the Foot “A foolish post or a tweet could cost you a job or even trigger a libel lawsuit,” cautions Christie Alderman, vice president of Chubb & Son and new product and services manager with Chubb Personal Insurance. “We all should think twice before posting any comment online.” The survey also asked respondents about obtaining permission to share copyrighted online materials. Sixty percent of respondents said they rarely or never obtain permission to cut and paste articles, other information, or artwork from copyrighted websites before emailing them or printing them out and distributing them to others. One in four (25%) respondents said they always obtain permission.
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DALLAS/FORT WORTH—The record snowfall in the Dallas/Fort Worth area resulted in insured losses at $25 million. The snow accumulations of up to a foot paralyzed the area’s transportation system and caused widespread damage from falling trees and crashing roofs.
In This Issue
IIAT, Univ. of Dallas College of Business Start Leadership Academy 3
SELLING STRATEGIES:
Are You A Sales Visionary? 6
Companies hemorrhaging Billions in Auto Premium
8
ICT helps heart of Texas Auto Theft Task Force
9
An estimated 4,200 claims came from auto, residential and commercial property owners. The average claim was approximately $6,000.
“Boomerangers” and Parents Face New Insurance Reality
10
continued on page 3
The snow began falling early Thursday, Feb. 11, and continued to fall for most of the day. Thousands of residents were without electricity for several days as power
Industry Stability Continues to Benefit Consumers
12
ICT Awards Scholarships to SMU and UhD Students
14
ACORD Announces 2010 Board
15
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Market Pricing Remains Stuck in the Doldrums
16
Automobile Injuries, Fatalities Fall in Texas
20
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