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…

Is your business OSHA-compliant? A recent law may impact how you track workplace injuries. The Occupational Safety and Health Administration (OSHA) updated its electronic recordkeeping rules on January 1, 2024. These updates require employers in certain industries to submit more…

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…

Small and mid-sized businesses face an ever-growing number of cybercrime threats. These businesses are often the targets of cybercriminals because they lack the resources to protect themselves properly. In addition, many small and mid-sized businesses are unaware of the risks…

Our insurance carriers say lawyers are now a top sector targeted by threat actors. Of course, law firms are no strangers to threats from cybercriminals, but the nature of this threat has changed over time. Cybercrime was primarily an end-user…

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…