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HomeMy WebLinkAbout2011 07 01 MOL Memo MEMORANDUM TO: MMIA Property Program Mem bers Via Electronic Mail FROM: John Craig Property Program Manager DATE: July 1, 2011 R R E E :: J J u u l l y y 1 1 ,, 2 2 0 0 1 1 1 1 P P r r o o p p e e r r t t y y P P r r o o g g r r a a m m C C o o v v e e r r a a g g e e U U p p d d a a t t e e s s The MMIA Property Program Coverage now incl udes Cyber Coverage. This Coverage is directed at many of the pot ential losses that could occur fr om utilization of electronic media in your daily work activities. I dentity theft and the loss of personal data are growing concerns in our current daily bus iness culture. Cyber Coverage may provide you the protection needed to recover and rest ore damages caused by electronic data loss or compromise. This change is refer enced in the attached Declarations Page. The good news is this coverage comes as par t of your existing property coverage. There is no additional assessment. The Memorandum is posted on our website, www.mmia.net . Look under Property Program, then Program Document s. I would encourage you to review this document thoroughly to ensure that you understand the cove rage. Have your City Attorney review the document, and if you have questions or c oncerns regarding this coverage, please do not hesitate to call. O:\_Property Program\Memorandum of Property\2011July1 MOL Memo.doc