Cyber Risk: Human Carelessness is Major Cause of Loss

I read an article recently published by Egress Software Technologies in the UK.  Working with the Information Commissioner’s Office (ICO) in the United Kingdom, 2014 saw a tremendous increase in reported cyber breach incidents which were triggered by human error.  Egress reported that: “only 7% of breaches for the period occurred as a result of …

Why You Won't Find a Quote Engine on Our Website

 This morning I read an interesting article in the NY Times titled “Insurance via Internet Is Squeezing Agents”.  The internet has certainly disrupted several industries and changed forever the way we purchase some goods and services.  It wasn’t that many years ago that you actually went to a travel agency to purchase airline tickets or …

Cyber & Privacy Risks for Small and Medium Businesses

Part 1 By now everyone has learned about the details of the Sony hack, and if you have anything to do with business security or IT infrastructure, this event has probably got you thinking or even worried.  In the next several posts I want to address how the Sony breach differs from many of the …

How Much is "Enough" Liability Protection

We often recommend to clients that in addition to primary general liability and auto liability limits of $1,000,000 that they should also consider at least a $1,000,000 umbrella policy.  I say at LEAST one million, but would actually prefer clients to have $5,000,000 or more of protection. The recommendation of high limits of protection is …

Beating The Workers Comp System

If you’re injured at work, you may thinking you’ve hit the “jackpot” of a lifetime. Untrue. While there are thousands of lawyers out there soliciting injured workers to bring their cases to them, there is usually little chance that you’re going to get rich quickly, or ever at all on a workers comp claim. Why? …

What is Cyber Liability Insurance and Does My Business Really Need It?

The term Cyber-Insurance, Cyber Liability Insurance, Internet Privacy Liability coverage are all different words used to describe the broad Cyber coverage form.  What is it?  What does it cover? And, why may your business need it? Let’s start with need. It’s important to understand that most all businesses that have any form of personal information …

So, You Want To Roll Out Of Your PEO?

Maybe you’ve started to see your administration fees go up, or maybe the total cost of your PEO (Professional Employer Organization) has just gotten out of hand, or maybe you’re just questioning if this is the right structure for your growing company.  Whatever the reason you may be considering for rolling out of your PEO …

Your Company Data is Being Held Hostage by Cryptolocker – Now What?

Towards the end of 2013 there was a new form of malware known as “ransomware” hitting thousands of personal computers and business networks called Cryptolocker.  What happens is that a computer user opens what seems to be an innocuous email, typically it is one that looks like a tracking number to a FedEx or UPS …

Workplace Safety - Top Concern for Business Owners

A recent survey of over 500 small business owners found that workplace safety was on the top of owner’s minds and ranked as the greatest business risk they faced.  35 percent of respondents indicated that they were more concerned about workplace safety over any other business risk. That survey, in and of its self is …