you're reading...
News and Info

Harford Mutual Introduces Cyber Liability Coverage for Commercial Lines


Harford Mutual color vert logo

(BEL AIR, MD)  Harford Mutual Insurance Company has announced that it has launched its new product—Cyber Liability Coverage—on all Commercial Lines across its regional territory of Maryland, Delaware, Pennsylvania, New Jersey, Virginia, North Carolina, Tennessee, and the District of Columbia. The coverage, made available through NAS Insurance with support from Lloyd’s of London and Tokio Marine Kiln, was effective April 1, 2016.

“With the increasing attacks and their costly impact on organizations and businesses of all sizes, cyber protection is an essential addition to any policy,” states John Goodin, Senior Vice President Commercial Business Services.  “We looked for a partner that could provide a comprehensive product that would work for our entire book of business, and we found that with NAS Insurance.”

According to Privacy Rights Clearinghouse, 62% of all attacks are targeted at small to mid-sized businesses with the average cost of a breach reaching over $180,000. “That kind of damage could cripple most small businesses, so this coverage should not be viewed as optional,” explains Goodin.

Harford Mutual’s coverage will provide first and third party claims with no application and no deductible required. Coverage includes legal counsel services, IT security and forensic experts, public relations and advertising support and credit monitoring and identity theft restoration services. Additionally, policyholders have access to a FREE education web portal with unlimited use of forms, checklists, and tutorials to help them train their employees, implement best practices, and prevent and mitigate a data or cyber breach.

The Identity Theft Resource Center indicates that with 93 recorded breaches in January 2016 alone, the year is on target to see a record number of stolen files and profiles.

The Harford Mutual Insurance Company, headquartered in Bel Air, Maryland, was founded in 1842 and provides property and casualty insurance products and services to a regional market. They are licensed in Maryland, Delaware, Pennsylvania, New Jersey, Virginia, North Carolina, Tennessee, and the District of Columbia. Harford Mutual is rated A (Excellent) by A.M. Best, the leading credit rating organization dedicated to serving the global insurance industry. For more information visit

About HBA of Delaware

HBA/DE has been an integral part of the growth and economic development of the State of Delaware since 1947. HBA/DE was founded as a non-profit state affiliate of the National Association of Home Builders (NAHB) representing home builders and other businesses directly related to Delaware's Home Building Industry. Consisting of Builders, Remodelers and a group of diversified associate members, the Home Builders Association of Delaware strives to protect and preserve housing as a symbol of America.


No comments yet.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

back to HBADE Website


  • Colorado Builders Discuss Regulatory Reform with EPA Administrator October 17, 2017
    EPA Administrator Scott Pruitt met with more than 100 Colorado home builders last week to discuss the housing industry's key regulatory concerns, including Clean Water Act regulations and the definition of “waters of the United States.”
    NAHB Now
  • Association Health Plans – What’s the Next Step? October 17, 2017
    NAHB has been a long-time proponent of association health plans, which would empower small businesses to pool together to purchase health insurance plans for their employees. Now that President Trump has signed an executive order that would ease restrictions on association health plans, what’s the next step to make this a reality for HBAs?
    NAHB Now
  • Builder Confidence Posts Solid Gain in October October 17, 2017
    Builder confidence in the market for new single-family homes rose four points to 68 in October on the NAHB/Wells Fargo Housing Market Index. This was the highest reading since May.
    NAHB Now
%d bloggers like this: