Continuity is critical in business, and there are few things more important than continuous revenue and cash flow, particularly for small to medium-sized organizations. In fact, just one brief business interruption due to a catastrophic loss can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures. If you think […]

Cyber security threats and trends can change year over year as technology continues to advance at alarming speeds. As such, it’s critical for organizations to reassess their data protection practices when planning for the year to come and make achievable cyber security resolutions to help protect themselves from costly breaches. Cyber Security Resolutions The following […]

Cyber liability insurance is essential for any business that stores information on a network. And in today’s digital age, that would include practically all businesses, both large and small. At one time, this type of insurance policy was only used by companies involved in the technology industry, such as those that offered network security. Today, […]

If your insurance renewal process does not involve a true analysis of your changing needs, you might be a great candidate for a formal risk assessment—a four-step process that helps companies better identify and implement effective risk management strategies.  While it may be easy and familiar to simply retain the coverages you have in place […]

The cost of workers’ compensation (WC) insurance is likely to be one of your highest expenses for your business insurance. Yet, business owners are unfortunately unaware that they have a certain amount of control in managing the cost. It is like dieting without exercise…focusing on numbers and not on results. So how are premiums calculated? […]

Hiring an independent contractor offers employers many advantages. Unlike for traditional employees, employers do not pay taxes on independent contractors’ wages, and are not expected to provide benefits. Employers often save 30 to 40 percent on labor costs by using independent contractors. In addition, as independent contractors are generally hired for a specific period or […]

The trucking industry has not been particularly technology-focused, but it looks like that’s all about to change. As of December 18, 2017, truckers that travel beyond a 100-mile radius are required to keep and maintain electronic logging devices (ELDs). These plug-in devices are programmed to track drivers’ hours, including time spent waiting to get their […]

These days, talk of sexual harassment is practically everywhere – from Hollywood to Wall Street. People are generally becoming more aware of what constitutes harassment and that makes employers extremely vulnerable.  Not only are you subject to liability for employees that may harass other employees, but you also may be held accountable for alleged harassment […]

Although every business has unique workplace hazards, many businesses also share common pain points that threaten employee safety and can lead to costly OSHA violations. OSHA recently released its 10 most frequently cited violations during its fiscal year 2017, which started in October 2016 and ended the following September. OSHA’s list of frequently cited violations […]

If your company stores data and information digitally, you should have a cyber risk management program that addresses prevention, disclosure, crisis management and insurance coverage in the event of a data breach. Good cyber risk management requires the planning and execution of all four of these components. Four Components of Cyber Risk Management 1. Develop […]