Cybercriminals can access a company’s personal and financial data through various fraudulent activities. Cyber attacks can damage an organization’s productivity, reputation and bank accounts. Learn how to recognize one of these scams: a DocuSign phishing attack.
On July 26, the Biden administration launched Heat.gov—a new website through the National Integrated Heat Health Information System web portal—to provide the public and decision-makers with information to understand and reduce health risks related to extreme heat.
Read MoreRecently, the National Academies of Sciences, Engineering, and Medicine issued a Consensus Study Report using data the U.S. Equal Employment Opportunity Commission (EEOC) collected from information private employers and federal contractors provided in the EEO-1 form. Today, many employers are striving to improve pay equity. Employers should continue to monitor updates from the EEOC to learn more about pay equity and enforcement
Read MoreDespite significant rate increases and a 75% boost in cyber insurance premiums in 2021, the industry loss ratio declined by only 10%. While standalone cyber policies still comprise a small share of the overall policy count, they generate more claims, AM Best noted.
Read MoreThe workers’ compensation sector of the commercial insurance industry is generally a stable and profitable segment. However, the claims in this market have become costlier, with concerns over severity on the rise. While the frequency of claims has declined, several factors contribute to increasing claim expenses.
Read MoreWhat does LLC mean? LLC stands for Limited Liability Company. Many small business owners choose to operate as an LLC because it protects them from being personally liable. This means business creditors cannot go after their personal assets such as their houses or vehicles. LLCs are relatively simple to set up and also offer tax advantages and other benefits. Wondering if an LLC might be the right business structure for you?
Read MorePicture this scenario – you just received a call from a premium auditor looking to schedule a visit to perform a premium audit on their recently expired workers’ compensation policy. The premium audit is a very important function. Not only does it determine the final premium for an insurance policy, but the data collected at audit is later submitted to rating organizations to be used in developing experience modifiers and loss costs.
Read MoreIn a news release, the U.S. Department of Labor recently reminded employers hiring youth-aged workers to comply with federal child labor laws to ensure these hires have a safe and beneficial experience.
Read MoreInflation is the number one concern of small businesses owners, according to a recent survey conducted by the U.S. Chamber of Commerce. To cope with inflation, 67% of small businesses have raised prices, according to the study. Another four in ten (41%) report having decreased staff or taken out a loan in the past year (39%) in response to growing inflation pressures.
Read MoreNational Insurance Awareness Day serves as a reminder to all small business owners to review their insurance policies to make sure they have the right coverage for their organizations. In this article, we'll take a look at three things business owners can do to ensure they have the right small business insurance.
Read MoreBetween December 2020 and December 2021, the Consumer Price Index for used cars and trucks increased 37.3% and the CPI for new vehicles increased 11.8%. Therefore, the cost to replace a vehicle in the event of a loss has increased.
Read MoreAny business could face the risk of a data breach or cyber attack. Regardless of how big or small your business is, recovering from the aftermath could be difficult if your data, important documents, or customer information is exposed.
Read MoreThe pressure and stress employees are under when short-staffed can degrade a business’s service and quality output. This decline directly impacts customers and can negatively affect a brand’s reputation and sales. However, there are solutions for businesses to maintain the level of customer service your patrons expect, even with an undersized staff.
Read MoreThere are so many things that are out of your control like equipment breaking down, fire, wind, lightning, and theft. We don’t think those things should interfere with your ability to do business. That’s why we offer equipment breakdown coverage and business interruption coverage!
Read MoreGetting the proper insurance coverage and licenses is just a start. To run a successful business, you’ll also likely need the right bonds. So, what are bonds for small businesses? Bonds guarantee that your small business will perform the agreed-upon services.
Read MoreIn a March 21, 2022 statement, President Joe Biden cautioned businesses in the private sector to harden their cyber defenses, reiterating earlier warnings related to potential cyberattacks against U.S. organizations by Russia. Cybersecurity is an ongoing challenge, but organizations aren’t alone when it comes to safeguarding their digital assets.
Read MoreThese days, cybercriminals are organized and well-funded. Unlike a lone threat actor, ransomware groups will reinvest a portion of their profits into hiring and training talented cybercriminals, making them more dangerous to organizations. As ransomware tactics evolve, it’s important for organizations to be up to date on current ransomware techniques.
Read MoreOwning and operating a landscaping business has a list of responsibilities and its fair share of risks no matter if it’s a startup or large corporation. Team and customer safety should always be top-of-mind, which is why commercial landscaping insurance is essential to your business’s success.
Read MoreAs a small business owner, your company is built on a reputation of good, honest work. When you’re expanding your team and bringing in employees to help support that work, you’re probably looking for people that have those same values. But what if they don’t? It’s a scary thought that the people you hire and trust to carry out the vision of your business could be the very people taking advantage of it.
Read MoreHiring seasonal workers is a necessity in some industries such as construction, manufacturing, agriculture, lawn care and retail. These workers can boost production during the summer, over the holiday season or when there’s a large contract to fulfill.
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