In the dynamic landscape of staffing agencies, recent changes in laws defining employee status have presented significant challenges in managing subcontractor liability. The nuances of subcontracted employees and their insurance requirements have become crucial considerations for staffing agencies navigating this…
Effective January 1, 2024, the Occupational Safety and Health Administration (OSHA) implemented new electronic reporting requirements for workplace injuries and illnesses. Does your business meet the new OSHA standards? Learn how these changes could affect your recordkeeping process and how…
As a leader of a technology-based business, you know the protection of your clients and company from potential mistakes or breaches is vital. However, you may not be aware that the level of coverage provided by your Technology Errors &…
There has been a lot of discussion in the cyber insurance world regarding a new cyber insurance exclusion. Recent changes to several carriers’ policy language that exclude coverage for cybercrimes committed as acts of war or by a party or…
As cybercrime becomes more sophisticated, organizations of all kinds are increasingly vulnerable. Many are targeted by cybercriminals simply because they may lack the time, resources, or infrastructure to properly defend themselves. The good news? There are proactive steps businesses can…
Law firms have become top targets for cybercriminals, according to our insurance carriers. While legal practices have long faced cyber threats, the tactics have evolved. In the past, cybercrime largely aimed to steal financial data from individuals. Today, the risk…
Professional liability insurance also known as “errors and omissions” or “practical liability” insurance) is an important risk management tool for many professionals. Suppose you’re a healthcare professional, lawyer, accountant, engineer, consultant, real estate agent, or any other sort of professional…
Cyber risk could be considered a frontier area among the many areas of risk businesses face. While the nature of the threat has yet to be fully understood, being targeted by a cyberattack is all but inevitable. Unfortunately, small and…
No matter the nature of your business, you must take measures to safeguard against potential risks and liabilities, which could include lawsuits. A comprehensive business insurance package often includes general liability coverage, which protects against a wide range of common…
Cybercriminals create new advanced social engineering tactics and target small and medium-sized businesses. For example, the FBI estimates that cybercriminals stole more than $28 billion through email fraud from 2016-2020, with an average loss per incident of more than $150,000. Social engineering fraud involves…