The smart folks over at the Euclid Managers' blog are writing a series of posts about identity theft, especially from the perspective of a business owner who might find her company accused of not doing enough to prevent it. Check out their series here. In the post "Identity Theft: How Big is Problem of Fraud?," T.R. Franklin tells us that "producers and buyers need to carefully review available forms because the coverage for security breaches and identity theft varies considerably even when available."

"Our random survey of 16 technology E&O forms found that 62 percent of them provided no coverage or only partial coverage in their base forms for what is often referred to as unauthorized access, unauthorized use and associated coverages. The coverage is more widely available in the base forms of internet E&O policies, where only 33 percent of the base forms reviewed provided no such coverage."

In "A Closer Look at Identity Theft Coverage" Franklin examines some technology errors and omissions (E&O) coverage forms, to see what is and is not covered in some of the policies.

I know T.R. Franklin and some of the others who are writing the Euclid Managers' blog from having worked with them in the past. They are smart, practical and innovative. Their blog is "dedicated to providing professional liability insurance info for the internet, tech, media and manufacturing industries." Check it out for a lot of current, relevant, and sometimes entertaining information.