The federal government is warning that a newly discovered computer software vulnerability poses a major threat to the security of computer networks around the country. Cyber criminals are exploiting holes in open-source code software commonly used in computer applications, websites…

Many business owners are confused by the seemingly endless array of insurance policies and premiums. But an understanding of what your basic commercial property insurance covers and doesn’t cover is critical to any risk management strategy. Furthermore, any responsible risk…

Businesses are getting better at beating ransomware extortionists and more victims are refusing to pay to unlock their systems, according to a new report. The ratio of ransoms that the cyber criminals demand to ransoms actually paid fell to just…

Trade secret theft by employees is a serious and growing problem in the U.S. According to an analysis of federal court cases, 85% of such theft is committed by employees or business partners. Lately, companies have been focusing on high…

Increasing construction project delays are combining with a hardening market for builder’s risk and liability insurance to create headaches for project owners and contractors. If your project suffers from delays, you may find it difficult or costly to extend the…

Last year, most companies cancelled their holiday parties as COVID-19 case rates started surging after the Thanksgiving holidays and as people started spending more time indoors. Cases have once again been rising in the run-up to December, so many businesses…

It might be hard to fathom any type of audit being beneficial, but when your insurer conducts a premium audit for your account, it can just as important to you as it is to your carrier. When you were first…

When it’s the rainy time of year, companies with driving employees and/or fleets need to double down on road safety. That means holding a training session on driving in the rain. While it may seem redundant, it’s an important exercise…

Rates for most commercial lines of insurance are likely to continue rising going into 2022, as claims costs mount across the board. A new report from Marketscout notes that rate increases have accelerated across all major lines, but have been…