Business Insurance
Business Interruption Insurance: Should You Insure Ordinary Payroll?
Date: July 6, 2021Category: Author:
Among the many decisions, an employer makes when buying business interruption insurance is whether to insure ordinary payroll and if so, for what length of time. It is important to consider and revisit this question periodically because your business needs can change from year to year based on the type of operations, plant or office […]
White House Issues Ransomware Prevention Guidance to Businesses
Date: June 15, 2021Category: Author:
In a recent letter addressed to corporate executives and business leaders, the White House emphasized that bolstering the nation’s resilience against cyberattacks is a main priority for President Joe Biden’s administration. Specifically, as ransomware attacks continue to rise in both cost and frequency throughout the country, the federal government is urging businesses to take this […]
Who to Communicate With During a Workers’ Compensation Claim
Date: May 20, 2021Category: Author:
Simply put, communicating with all relevant parties involved in workers’ compensation claims (e.g., employees, supervisors, medical providers, and claims adjusters) not only provides a better experience for employees but also helps employers reduce costs associated with claims. Among other benefits, opening lines of communication to the different parties associated with claims can help employers: Close […]
Social Engineering Fraud Coverage
Date: February 5, 2021Category: Author:
Social engineering fraud (SEF) is a type of fraud that’s become increasingly common over the last several years. However, even though many instances of this fraud transpire over email communications, it’s a company’s crime policy—not a cyber policy—that would often provide coverage in the event of a SEF loss. That’s why it’s especially important to […]
Commercial Auto Trends to Watch in 2021
Date: January 28, 2021Category: Author:
Whether they’re transporting materials and tools to worksites, hauling goods for deliveries, or driving to meet clients—organizations of all sizes and industries rely on safe, functioning vehicles to serve their customers and generate profit. But, while utilizing a commercial fleet can offer numerous benefits, it can also create additional risks. As such, commercial auto insurance […]