Asset Protection
Hammered by Lumber Prices: Is Your Homeowners Coverage Affected?
By now you’ve heard about the surge in pricing for lumber and other building materials. How bad is it? The National Association of Home Builders reports overall increases of more than 300% since last year. Several factors have combined to create this perfect storm of spiraling costs: Stuck at home during the pandemic, many people…
Read MoreMore Hackers to Worry About: Ransomware-as-a-Service
The huge spike in ransomware attacks on businesses over the last year has multiple causes, many rooted in the pandemic. Plenty of businesses scrambled to set up a work-from-home (WFH) model in a big hurry, leaving a trail of security flaws. There have been ample social-engineering opportunities for hackers also, ranging from phony texts about…
Read MoreAuto Theft: Business is Booming
The pandemic has had wide-ranging effects on the economy, with some industries like restaurants and hospitality struggling greatly while others have actually seen improvements. Unfortunately, one sector that had a very big year was auto theft. Vehicle theft has been trending downward in recent years, but the National Insurance Crime Bureau (NICB) reports a surge…
Read MoreDeepfakes: What They Are and Why Your Business is at Risk
If you’ve recently scrolled through your Facebook feed and been startled to see a famous movie scene, but with your friend’s face in place of the actor, you have an idea of what deepfake technology can do. A deepfake is essentially a sophisticated forgery of an image, video or audio clip, done using artificial intelligence…
Read MoreAnd the Verdict is … Expensive.
The National Law Journal recently released its list of the Top 100 Verdicts of 2019, “Top 100” referring to the dollar value of the awards. The list should capture the attention of every business owner, especially those in higher-risk verticals. Divided into categories including construction, manufacturing, premises liability and motor vehicle accidents, the Top 100…
Read MoreBe Smart about securing your Smart Home!
Smart devices for your home offer a wide range of conveniences, but every one also offers a new opportunity for hackers to gain access to your home network. This 90-second video offers six great tips to help keep your home secure.
Read MorePandemic Coverage Gap? We have an answer!
The tragic COVID-19 outbreak has highlighted the significant coverage gap that traditional insurance has not been able to solve: non-damage business interruption as a result of an epidemic. Most standard property damage policies require business interruption to be from physical damage and also typically exclude communicable diseases. To close this coverage gap, we have partnered…
Read MoreWhy Do I Need Personal Umbrella Liability Insurance?
Here’s an example of an all too common scenario we rarely think about: After a hectic work week, Jim was looking forward to a relaxing weekend with his wife and kids. He was just a few blocks from home when his cellphone rang. He glanced down to see who was calling. That split-second distraction was…
Read MoreTop Reasons to Secure Cyber Insurance
Many organizations incorrectly label cyber insurance as a luxury purchase rather than a necessity. In fact, a recent survey conducted by insurance experts found that nearly 60% of small and mid-sized companies don’t have any type of cyber insurance. What’s worse, less than 30% of those companies feel inclined to purchase a such a policy…
Read MoreCivil Unrest and Your Business
As civil unrest has unfolded across the country with some protests turning to violence and destruction, business owners have good reason for concern, especially as many are just beginning to recover from the economic effects of the coronavirus pandemic. There are steps you can take to protect your business in these unpredictable situations. Here are…
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