Early this month, XL Insurance unveiled a new electronic-data-destruction coverage enhancement to a pollution policy for e-waste recyclers.
The new enhancement adds privacy protection to the insurer's pollution and remediation legal liability (PARLL) policy.
Specifically, it provides e-waste recycling companies with third-party coverage against claims resulting from an act, error or omission by reason of a theft, unintentional disclosure, misappropriation, misuse or mishandling of personally identifiable information contained within electronic data that is in the recycler's possession for electronic-data destruction.
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