ID theft endorsements help policyholders recover by providing money for expenses associated with re-establishing damaged credit, such as fees for legal services and loan reapplications, lost wages and notary expenses. ID theft endorsements can also include third-party identity fraud resolution services. (Credit: Jason Raff/Shutterstock.com) ID theft endorsements help policyholders recover by providing money for expenses associated with re-establishing damaged credit, such as fees for legal services and loan reapplications, lost wages and notary expenses. ID theft endorsements can also include third-party identity fraud resolution services. (Credit: Jason Raff/Shutterstock.com)

During the past 12 months, around 40% of Americans surveyed by the Identity Theft Resource Center (ITRC) had their identity or personal information stolen, compromised or misused. Further, ITRC reports that Q3 2022 saw a 15% increase compared with the previous quarter.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]