Call Us Today For A Free Quote | 866.940.1101
Professionals Insuring Professionals

It has been widely reported that Equifax had over 143 million people's confidential information such as Social Security Numbers, Driver's Information, birth dates and addresses stolen.  Equifax was heavily criticized for waiting until September to announce the hack to the general public.  Equifax knew about this hack on or before July 29, 2017.  What you may not know, as reported in the LA Times is that:

"Three days later, according to Securities and Exchange Commission filings, CFO John W. Gamble sold 6,500 shares and John “Trey” Loughran III, president of Equifax’s U.S. Information Solutions business unit, sold 4,000 shares. The next day, Aug. 2, Rodolfo Ploder, president of another business unit, sold 1,719 shares. All shares sold for about $146 each."

Equifax current share price is hovering around $113.00 per share.

It is widely believed that Equifax does not have enough insurance to cover the estimated losses because of this hack.


Posted 3:59 PM

Share |

No Comments

Post a Comment
Required (Not Displayed)

All comments are moderated and stripped of HTML.
Submission Validation
Change the CAPTCHA codeSpeak the CAPTCHA code
Enter the Validation Code from above.
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only. It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional in your state. By using this blog site you understand that there is no broker client relationship between you and the blog and website publisher.
Blog Archive
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2013
  • 2011

View Mobile Version
Quick Contact
We love referrals! And thank you even more for your continued business.
Customer Service
Self policy service any time of the day, directly from our website.
Join Our Newsletter
Stay in touch with the latest events, news and offers we have.
From Our Blog From Our Customers
Read More Read More
Facebook Twitter LinkedIn Google Maps
Stay In Touch With Us Helpful Site Links Contact Us
Sign up now to receive new and updates 5075 Cascade Rd. SE, Ste. E
Grand Rapids, MI 49546

Local: 616.940.1101
Toll Free: 866.940.1101
We have the expertise to find you the right coverage at the right price 
Powered by Insurance Website Builder