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Magazine for customers and prospects of McMahon Agency,

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  • MEGATRENDS TRANSFORMING OUR WORLD

    most memorable moments

    2013

    out of a bad mood

    HOW TO GET

    INTERVIEW WITHJames white

    ASSURANCE

    and CyberSecurity

    Identity Theft

    UnderstandingTerrorismInsurance

    +ASSURANCE

    SPOTLIGHT PAST & FUTURE INSURANCE FOOD & HEALTH LIFESTYLE

    VOLUME 07 /WINTER 2014

    MEGATRENDS TRANSFORMING OUR WORLD

    most memorable moments

    2013

    out of a bad mood

    HOW TO GET

  • IDENTITY THEFT

    AUTO THEFT

    2013 - 10 MOST MEMORABLE MOMENT

    MEGATRENDS TRANSFORMING OUR WORLD

    CYBER RISKS - THE GROWING THREATgovernment is stepping up its scrutiny of cyber security

    08

    12

    14

    2022

    PAST & FUTURE

    HOW TO GET OUT OF A BAD MOOD

    MAKE A LEMONADE FROM A LEMON5052

    LIFESTYLE

    50

    26

    40

    32

    45

    34

    EMPLOYMENT CHANGE

    A GUIDE TO HELP YOU TEACH YOUR CHILDREN POSITIVE SELF-IMAGE THROUGH FITNESS

    UNDERSTANDING TERRORISM INSURANCE

    5 COMMON MYTHS ABOUT PROTEIN DIET

    AT THE SCENE OF AN ACCIDENT

    INSURANCE

    FOOD & HEALTH

    48

    DELICIOUS AND HEALTHY SNACKS FORHEALTHY LIVING

    The increase in online shopping in recent years has created new avenues for identity thieves.

    MOST COMMON RENEWABLE ENERGY SOURCES 24

    DOES YOUR BUSINESS NEED CUSTOM AUTO INSURANCE?

    THE FUNDAMENTALS OF LIFE INSURANCE

    4 NATURAL WEIGHT LOSS SUPPLEMENTS THAT WORK

    GREAT ADVICE FOR LOSING WEIGHT THE HEALTHY WAY

    HEALTHY FRUIT DRINK

    PRODUCTIVE LIVING

    GAMES OF THE PAST MEET THE PRESENT5456

    YOUR TEEN WANTS TO GE THEIR DRIVERS LICENSE

    DECLUTTER YOUR HOME IN 11 EASY STEPS

    58

    6046

    43

    38

    36

    30

    14

    2

    Auto theft is covered under the comprehensive section of an auto insurance policy

  • 3

  • The New Year is a wonderful time. It is a time to reflect on the past and to dream for the future. A new year offers a clean, new slate for all of us to use our ingenuity and energy to create a brand new world for ourselves, our families and our businesses.

    I would like to encourage you to take some time to think about what you want from 2014. Think about things you were not about to accomplish last year. What kept you from meeting your goals? How can you overcome these obstacles this year?

    The wonderful thing about a new year is that we are all given the same raw materials to work with. We all have 365 days. We all have 24 hours every day. Some many have more resources than others, but we all have the same amount of time. It is up to each one of us to decide how we choose to use this wonderful gift.

    Think about sitting down with family members and friends and share your dreams and goals. Put them down on paper. Place them on your wall where you can see them every day. Make yourself accountable to someone, even if it just yourself, to accomplish your goals. These are not new ideas. As a matter of fact, they are old but true. The problem is that we tend to forget them.

    From our family to yours, we wish you the most prosperous and happy new year.

    From the EDITOR

    Tom FoxEditor

  • MAINSTREET BUSINESS OWNERS LIKE YOU ARE THE LIFEBLOOD OF AMERICA. OUR ECONOMY DEPENDS ON YOU AND YOUR SUCCESS. THATS WHY WE PARTNER WITH BUSINESSES JUST LIKE YOU TO MAKE CERTAIN YOU STAY STRONG IN THESE TOUGH ECONOMIC TIMES. FIND OUT THE DIFFERENCE AN INVOLVED INSURANCE PROFESSIONAL CAN MAKE.

    EVERY HOUR OF EVERY DAY, AMERICANS ARE HARD AT WORK

    MAIL QUOTE

  • 6

  • 7

  • PAST & FUTURE

    BUILT IN CONCRETETiur sitatur, simincte lacessin eos adi quae quam faccaturi iducienisi cullore henduntia pore.

  • 250,000

    500,000

    750,000

    1,000,000

    1,250,000

    1,500,000

    1,750,000

    2,000,000

    2010 2011 2012

    1,467,255

    (1) Percentages are based on the total number of Consumer Sentinel Network complaints by calendar year. These gures exclude "Do Not Call" registry complaints.

    Source: Federal Trade Commission.

    IDENTITY THEFT AND FRAUD COMPLAINTS, 2010-2012 (1)

    818,239

    397,927

    251,089

    1,895,012

    1,038,966

    576,820

    279,226

    2,061,495

    1,074,937

    617,426

    369,13217%

    27%

    56%

    15%

    30%

    55%

    18%

    30%

    52%

    9

    IDENTITY THEFTAND CYBER SECURITY

    As businesses increasingly depend on electronic data and computer

    networks to conduct their daily operations, growing pools of personal and financial information are being transferred and stored online. This can leave individuals exposed to privacy violations and financial institutions and other businesses exposed to potentially enormous liability, if and when a breach in data security occurs.

    The Consumer Sentinel database, maintained by the Federal Trade Commission, contains over 8 million consumer fraud and identity theft complaints that have been filed with federal, state and local law enforcement agencies and private organizations over the five years 2008 to 2012. In 2012 alone, 2 million complaints were filed.The increase in online

    shopping in recent years has created new avenues for identity thieves. However, a study by Travelers Insurance of its 2011 identity claims found that burglary and theft of physical objects led to the majority of identity theft claims. The study identified the following five top causes of identity fraud:

    Burglary and theft of a wallet, purse, personal identification or computer (73 percent)

    Online or data breach (15 percent)

    Forgery (10 percent) Change of address/postal

    fraud (2 percent)

    BELOWChart graph of Identity Theft and Fraud Complaints

    Cyber Risks: The Growing ThreatClick to view video

  • PAST & FUTURE

    10

    STATE

    COMPLAINTS PER 100,000

    POPULATION (1)

    NUMBER OF COMPLAINTS

    RANK(2) STATE

    COMPLAINTS PER 100,000

    POPULATION (1)

    NUMBER OF COMPLAINTS

    RANK (2)

    Alabama 104.9 5,060 10 Montana 49.8 501 47

    Alaska 51.7 378 45 Nebraska 57.6 1,068 37

    Arizona 107.3 7,032 8 Nevada 109.9 3,032 6

    Arkansas 74.4 2,195 28 New Hampshire 59.2 782 36

    California 122.7 46,658 3 New Jersey 95.1 8,430 14

    Colorado 93.8 4,864 15 New Mexico 89.1 1,858 18

    Connecticut 81.2 2,915 22 New York 110.1 21,538 5

    Delaware 98.4 902 13 North Carolina 81.1 7,910 23

    Florida 361.3 69,795 1 North Dakota 41.2 288 49

    Georgia 193.9 19,232 2 Ohio 77.0 8,891 26

    Hawaii 47.3 658 48 Oklahoma 67.8 2,586 32

    Idaho 56.7 905 38 Oregon 63.3 2,467 35

    Illinois 100.9 12,993 11 Pennsylvania 88.7 11,324 19

    Indiana 67.5 4,412 33 Rhode Island 91.7 963 16

    Iowa 52.3 1,608 43 South Carolina 90.6 4,282 17

    Kansas 72.0 2,077 30 South Dakota 39.6 330 50

    Kentucky 56.2 2,463 39 Tennessee 88.1 5,690 20

    Louisiana 87.6 4,031 21 Texas 108.6 28,299 7

    Maine 50.1 666 46 Utah 55.5 1,586 40

    Maryland 105.0 6,178 9 Vermont 52.1 326 44

    Massachusetts 73.4 4,879 29 Virginia 80.8 6,616 24

    Michigan 122.2 12,075 4 Washington 77.9 5,373 25

    Minnesota 63.9 3,437 34 West Virginia 54.0 1,002 42

    Mississippi 100.2 2,990 12 Wisconsin 70.8 4,055 31

    Missouri 74.8 4,505 27 Wyoming 55.2 318 41

    IDENTITY THEFT BY STATE, 2012

  • 11

    CYBER SECURITY

    In 2000 the Federal Bureau of Investigation, the National White Collar Crime Center and the Bureau of Justice Assistance joined together to create the Internet Crime Complaint Center (IC3) to monitor Internet-related criminal complaints. In 2012 the IC3 received and processed 289,874 complaints, averaging more than 24,000 complaints per month. The IC3 reports that 114,908 of these complaints involved a dollar loss, and puts total dollar losses at $525 million. The most common complaints received in 2012 included FBI impersonation email scams, various intimidation crimes, and scams that used computer scareware to extort money from Internet users.

    50,000

    100,000

    150,000

    200,000

    250,000

    300,000

    350,000

    400,000

    450,000

    500,000

    2008 2009 2010 2011 2012

    275,284

    72,940

    336,655

    146,663

    303,809

    121,710

    314,246

    116,830

    289,874

    114,908

    (1) Based on complaints submitted to the Internet Crime Complaint Center.

    Source: Internet Crime Complaint Center.

    CYBER CRIME COMPLAINTS, 2008-2012 (1)

    RANK STATE PERCENT

    1 California 13.41%

    2 Florida 7.98

    3 Texas 7.22

    4 New York 5.70

    5 New Jersey 3.81

    6 Pennsylvania 3.70

    7 Illinois 3.50

    8 Virginia 3.30

    9 Ohio 3.05

    10 Washington 2.72

    TYPE OF IDENTITY THEFT FRAUD PERCENT

    Government documents or benefits fraud 46%

    Credit card fraud 13

    Phone or utilities fraud 10

    Bank fraud (2) 6

    Employment-related fraud 5

    Attempted identity theft 7

    Loan fraud 2

    Other identity theft 19

    TOP TEN STATES FOR CYBER CRIME, 2012 (1)

    HOW VICTIMS' INFORMATION IS

    MISUSED, 2012 (1)

  • PAST & FUTURE

    12

    Amid a rising num-ber of high profile cyber attacksmost recently at Twitter, LinkedIn

    and Yahoogovernment is stepping up its scrutiny of cyber security. This is leading to increased calls for legisla-tion and regulation, placing the burden on companies to demonstrate that the infor-mation provided by custom-ers and clients is properly safeguarded online.

    Despite the fact that cyber risks and cyber security are widely acknowledged to be a serious threat, a majority of companies today