As ransomware and other cyber attacks increasingly hobble victim company’s ability to operate in the wake of an attack, more cyber insurance policies are including business interruption coverage. When these policies first hit the market, they were mostly focused on…
There is a growing threat to companies that use online services to administer their employee benefits and payroll as cyber criminals increasingly exploit these cloud service platforms. The results of a hacker gaining access to the company’s payroll systems, sloshing…
The year 2022 was one of the most tumultuous climate disaster years in history, a year when we saw the massively destructive Hurricane Ian, an unprecedent number of tornadoes, growing wildfires in the West and a “bomb cyclone” in late…
A study from the Insurance Institute for Highway Safety (IIHS) reports that driver assistance technologies, such as automatic emergency braking and forward collision warning systems, have been shown to reduce accident rates among large trucks. Increased use of these systems…
The U.S. Equal Employment Opportunity Commission has released a new poster that certain employers need to display in their workplaces. The poster, “Know Your Rights,” must be displayed by all employers who have 15 or more workers. It replaces the…
A new study has found that one-third of companies that are hit with ransomware and pay the hackers to unlock their systems, are often likely to be targeted a second time. And after they pay, they are often faced with…
As the holiday season nears, your business will have new safety considerations to confront. From holiday parties and risk of electrical shock to fires and trips and falls, companies have a set of safety and risk management challenges that may…
A recent study has found that injured workers are often left feeling frustrated and fending for themselves after they file a workers’ compensation claim. The survey of injured workers by researchers at the University of Waterloo in Ontario, Canada found…
Businesses hit by wire transfer scams are increasingly finding it difficult to get their claims paid under their insurance policies unless they have either a crime or cyber insurance policy that covers “computer fraud.” Wire fraud occurs when an employee…
The Biden administration has proposed a new federal rule that will make it more difficult for employers to classify workers as independent contractors. If the new rule takes effect, companies that use independent contractors will have to reevaluate their relationships…