Global Data Security Issues

From the 2014 PLUS Conference session “Privacy and Data Security Issues Around the Globe,” moderator Lori Bailey (Zurich) and panelists Theodore J. Kobus, III, Esq. (BakerHostetler) and Paul Bantick (Beazley) discuss the EU Data Protection Directive and how it will impact not just companies based in Europe, but any company that “handles” EU data. And the potential fines can be immense…

“They can fine you 5% of your global turnover, so if you’re a company like Google you’re looking at a $3 billion fine in Europe if you have a significant data breach.”

For much more on this quickly evolving area of coverage don’t miss the 2015 Cyber Liability Symposium on September 17 in Chicago. If you have a topic you’d like to see (or present on) at the event please submit it now.

PLUS members can view this entire Conference session in the PLUS Multimedia Library.

Hartford Chapter Diaper Drive a Big Success

To all of the PLUS Hartford Community:

I want to express my deepest gratitude for contributing and making this Diaper Drive a success. The overwhelming generosity from our insurance community was evidenced by the support you have had for this cause. Through our individual contributions in our annual March Madness Event and bulk donations collected throughout the area today we have surpassed everyone’s expectations.

The diapers that everyone unselfishly donated were able to fill three truckloads and we are not done yet.  Many of you have asked what the final tally was and to be very honest I could not count them all.  All the diapers are being brought to My Sister’s Place and I will share the totals when they have the final count.  I estimate it at being close to 15,000 diapers!!

In addition to the diapers, PLUS Foundation has also provided a grant for $2500 to My Sister’s Place for the second year in a row.

I will continue to update you on our success as well as future opportunities as they arise. In September, we are having a participation day event at a The Hole in the Wall Camp and our annual golf tournament where the funds donated directly support the PLUS Foundation.  Please check the PLUS website and our LinkedIn profile page for updates.

There are too many names to thank in this email without the fear of leaving some names off so please spread the thanks to everyone involved.

John P. LaBelle, RPLU
Senior Underwriter
Hudson Financial Products