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Chubb Group expands cyber-liability insurance

VIEWS: 26 PAGES: 2

In the past, cyber criminals tended to focus on early adapters of technology, such as financial institutions," said Tracey Vispoli, vice president of the Chubb & Son division and Chubb's global cyber-solutions manager.

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									                                                           Around the State
                                                                                                                   New Jersey Devils skate to record attendance
Courtesy of the New Jersey Devils




                                                                                                                   The New Jersey Devils skated their way to one of the highest jumps in attendance among National
                                                                                                                   hockey League teams, according to a recent NhL announcement. The Newark-based Devils also scored
                                                                                                                   triple-digit percentage increases in local TV ratings through the first two weeks of the season, according
                                                                                                                   to the league.
                                                                                                                        “we think that changes in our marketing efforts helped to drive fans’ excitement,” said spokesman Bob
                                                                                                                   Sommer. “During the first four games of our 2010 season [through Oct. 21], average per-game attendance
                                                                                                                   has been a record 16,114,” compared to a season average of 15,790 in 2008-09, he said.
                                                                                                                        The team, which calls the Prudential Center home, does not release revenue data, he said.
                                                                                                                        Marketing changes included price drops on select tickets and an increased presence on social net-
                                                                                                                   working sites, sommer said, and “we also beefed up our billboard and other marketing efforts.”




                                                                                                                                                                                                                                                                                               s
                                                                                                                                                                                                                                                                                            age
                                                                                                                        The team also made more of an effort to get season-ticket holders to renew




                                                                                                                                                                                                                                                                                         er Im
                                                                                                                   early through a series of promotions, among them a chance to watch warm-ups




                                                                                                                                                                                                                                                                                           it
                                                                                                                                                                                                                                                                                       Jup
                                    Attendance at Devils games jumped to a record average of 16,114 per game.      from the penalty box and a ride on the New Jersey Devils’ private jet. - Martin C. Daks




N.J. homebuilding                                                             added new features in the process.                                      year’s third quarter. It currently oper-




                                                                                                                                                                                                   Courtesy of Verizon Wireless
                                                                              Called CyberLiability by Chubb, the                                     ates 28 data centers of more than 1.4
surged in September                                                           new product covers risks from iden-                                     million square feet globally. – Shankar P.
                                                                              tity theft to e-business interruption,
Homebuilding in the Garden State
soared by 26.5 percent between
                                                                              the company said.
                                                                                    “In the past, cyber criminals
                                                                                                                                                      K. Hovnanian breaks
August and September — a period                                               tended to focus on early adapters                                       ground on townhouses
when activity declined by 1.2 percent                                         of technology, such as financial in-                                                                                                                                                           Verizon Wireless
nationally, said Patrick O’Keefe, di-                                         stitutions,” said Tracey Vispoli, vice                                  K. Hovnanian Homes, the state’s                                                                                        unveiled the Droid,
rector of economic research at J.H.                                           president of the Chubb & Son divi-                                      largest homebuilder, broke ground                                                                                      its first smartphone
Cohn LLP, a Roseland-based ac-                                                sion and Chubb’s global cyber-solu-                                     last week on the first phase of The                                                                                    to run on Google’s
counting firm.                                                                tions manager. She said nearly every                                    Villages at Delaware Run, an 84-unit                                                                                   open-source Android
      Builders pulled permits to start                                        company today is at risk of a cyber-                                    townhouse development in Trenton’s                                                                                     operating system.
construction on 1,109 New Jersey                                              security breach, adding that “it isn’t                                  South Ward. The two-phase project is
homes — the highest number since
April, according to U.S. Census Bu-
                                                                              a matter of if they will experience a
                                                                              data security breach, but when.”
                                                                                                                                                                                                                       Deals around the state
                                                                                                                         Courtesy of K. Hovnanian Homes




reau data released last week. O’Keefe                                               The CyberLiability product                                                                                                         n eatontown-based Osteotech Inc., which develops biologic prod-
attributed the gain to a rise in multi-                                       covers various “injuries,” such as                                                                                      
								
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