A growing number of businesses, organization and individuals are falling victim to internet fraud where they are tricked into directing payments to a cyber-criminal. What can you do to protect your business?
From 2015 to 2019, large Trucking Auto Liability verdicts went from an average of $2.3 Million to $22.3 Million.
If it seems like every couple of weeks there’s a cyber-incident dominating the evening news; it’s because there truly is. Cyber-Attacks, especially those involving Ransomware, have taken center stage in news coverage since the start of the Covid-19 pandemic. And now, with the situation in Ukraine, the Cyberthreat is even greater.
Does a commercial Property policy cover property damage or business income arising from the Russia-Ukraine war? Unfortunately, most Commercial Property Policies will not offer coverage for losses arising from War.
Topics: Risk Management
New York State is working to incentivize workplace safety by revamping the Workers' Compensation experience modification rating program, effective October, 2022. What does this mean for your business?
The most common mistake in purchasing insurance occurs when businesses shop their insurance program at the expiration date of their policies. Often times this results in multiple brokers being involved, combined with a lot of the insured’s valuable time and effort being expended, only to make a rush decision at the 11th hour. Businesses end up making a last minute decision and do not have the information necessary to make a well-informed one.
Residents of NY will be allowed to purchase, possess and grow marijuana for personal use. It will be a regulated and taxed industry that will see significant growth in the coming years. NY has formed the Office of Cannabis Management (OCM) to establish the regulations about production, distribution and sale of recreational marijuana.
When it comes to safeguarding your business, it’s important to protect yourself against employee lawsuits. The costs associated with these claims can be staggering and can impact businesses of any size or type. Employment Practices Liability Insurance (EPLI) provides protection against employment practice claims such as discrimination, sexual harassment, wage & hour and wrongful termination. During FY 2020, the EEOC resolved 70,804 charges of employee discrimination, securing $439.2 million for victims in both the private sector and government workplaces.