They can attack anytime, anyone, anywhere. Whether they use a virus, phish, or malware, cybercriminals are not only targeting Fortune 500 companies but gradually even smaller businesses. As a matter of fact, small business employers are becoming a target for cybercriminals because they can provide access to larger networks and have valuable customer…
A professional liability policy, also commonly referred to as errors and omissions insurance, covers instances of negligence and the costs of any resulting claims. This is most applicable in industries that provide professional advice or services, and it functions in a slightly different way than general liability insurance. Just because you have professional liability…
While it’s true that only a very small percentage of worker’s compensation claims are fraudulent, even these few can have a significant impact on businesses both large and small. For that reason, it’s important to be able to recognize the warning signs of a fraudulent claim and know what to do to protect yourself…
As a business owner, you’re aware of the risks your business faces, and you likely have comprehensive insurance policies in place to help protect you from a wide range of adverse circumstances and events. These policies typically cover everything from worker’s compensation to professional liability, and even damage from natural disasters. However, you may still…
In light of the recent global ransomware cyber-attack, many small and mid-size businesses should take cautionary note…don’t get caught off guard as every business is at high risk from these attacks. Although large corporations seem more prepared, the smaller businesses are taking out less policies for cyber warfare. Regardless of the size of the…
In the wake of the recent worldwide ransomware attack that impacted so many businesses around the world, the protections afforded by cyber insurance may be looking more and more attractive. Whether your business was directly impacted or not, you likely felt the shock waves produced when many companies in diverse industries suddenly couldn’t access their…
While the vast majority of worker’s compensation claims are legitimate, those that are not can have an outsized negative impact on your business. All fraudulent worker’s comp claims don’t necessarily follow the same course, but there are a few broad categories that they fit into. Understanding these, and knowing what to watch for, can…
When an employee is injured on the job, there are many issues that you will have to address. Of course, you’ll want to discover the cause of the injury to see if adjustments need to be made so that something similar does not occur in the future. You’ll also need to open a worker’s compensation…
Whenever an accident occurs on the job, whether an injury results or not, it’s essential to get to the root causes to help prevent something similar from occurring in the future. There are many benefits to this approach, as it protects the health and safety of your employees, reduces damage and downtime due to accidents,…
Purchasing business insurance is an essential step to take to protect the long-term stability and financial security of your company. It can also be a complicated and tedious process, however, and so most people choose to complete the purchase through a broker or agent. While in practice, there’s often not much difference in working with…