How Will Driverless Cars Affect Your Business?

It’s predicted that driverless cars will account for 25 percent of global car sales by 2035. How will this affect your business and your employees? Features such as adaptive cruise control, blind-spot monitoring, automated parking and lane departure and forward collision warnings are already making the majority of new cars semi-autonomous. The next level of innovation, implementing automated acceleration, braking …

Do You Need Property Insurance, Even If You’re Just Renting?

You buy property insurance to cover damage or loss to property. But what if you don’t own the property or you rent it? Your liability policy might provide some coverage…but probably not enough. In the world of residential real estate, landlords buy property insurance to cover damage to buildings they own. If you rent a home or apartment, your renter’s …

Why Private Companies Need D&O Insurance

Private corporations and nonprofits are less likely to be targeted in multi-million dollar directors and officers liability lawsuits than publicly traded companies. They still have risk exposures, though. In fact, in a recent survey by Advisen, 25 percent of D&O claims among private companies settled for $1 million or more. Could you protect your directors and officers from claims that …

Business Income Coverage: Survival

Plan for Small Business In survey of business owners by Trusted Choice a few years ago, more than half of the owners said they didn’t have business income coverage. More than half of businesses without business income insurance will close within three years of a serious loss. Business income insurance would “have protected those small businesses from that fate,” according …

The Property Risks You Might Have Overlooked

A strong insurance program will protect your business from loss due to fire, theft, vandalism, and more. But without certain important coverages, your property coverage could leave you short of the funds needed to rebuild and recover. Increased Cost of Construction Do you own your business premises? Any building more than a few years old might not comply with current …

Crisis Management: Where Risk Management and Public Relations Meet

You might (and certainly should) have a disaster management plan to help your company minimize the effects of a catastrophe. You’ve probably planned ahead for the possible necessity of evacuating employees and customers. You have a guide for backing up your data and a contingency plan to make sure your products continue to be manufactured or your services are delivered. …

Service/Therapy Animals—What’s the Law?

Guide dogs and service dogs have helped individuals with disabilities navigate life for decades. Today, assistance animals, therapy animals, and emotional support animals have also become common. What’s the difference and what’s the law? Many people legitimately need service, support or therapy animals, while others use the “therapy animal” name and even fake vests and registries to sneak their pets …

2017: The Year of the Cyber Attack

Cyber security problems will increase in 2017, warns Experian Data Breach Resolution, a branch of the credit reporting giant. In its 2017 Data Breach Industry Report, Experian noted it expects to see several new—and frightening—trends: – “Aftershock” password breaches becoming more common– Nation-state cyber-attacks moving from espionage to war– Healthcare organizations becoming the most frequently targeted sector– Criminals focusing on …