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…
If your company uses drones or plans to use them as part of your operations, you are faced with a unique set of risks that can leave you exposed to a variety of possible liabilities. That’s why it’s important that…
If your employees are communicating with each other and clients using texting or instant messaging using their own phones, should you ever need access to those communications you could be in a for a rude surprise. While the immediacy of…
For the most part, when a business needs to file an insurance claim, the carrier accepts the claim and sends out an adjuster to assess the damage, after which it starts paying the claim. But the process sometimes doesn’t go…
One sure-fire way for a business to get sued is if a visitor — a customer, vendor or any third party — injures themselves while on your premises. Injury lawsuits can be costly, with outlays for medical costs and potential…
The “Monday morning surprise” — the term for when an employee approaches you on the first morning of the working week to report an injury he or she sustained at work on Friday — can be a dreaded situation for…
While directors and officers liability has been traditionally thought of as insurance for publicly traded companies, increasingly it’s smaller companies that account for the largest share of exposure among top decision-makers. A study published by the news website Advisen found…
As businesses have gotten wise to malicious e-mails that try to trick their employees into clicking on unfamiliar links in e-mails, cyber criminals have devised a new way to con people into opening up their networks — a method called…
Inflation is not just affecting the cost of food and fuel. It’s also spilled over to the price of almost every industrial item, as well as building materials and services. Anybody running a business, particularly one that carries inventories or…