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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

The 2023 Data Breach Report from Identity Theft Resource Center (ITRC) reveals that last year delivered a bumper crop of cybersecurity failures – 3,205 publicly reported data compromises, impacting an estimated 353,027,892 individuals. Investment fraud was the costliest of all incidents tracked. billion in 2022 to $3.94

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Commercial Insurance Strategies To Protect Your Business

Paragon Independent Insurance Agencies

Protection against damage and theft shields you from financial losses that could affect your business sales. For instance, if theft recurs, it might indicate a need to enhance your business security by investing in safety devices such as security cameras and lights.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters. One oversight could lead to costly lawsuits.

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Commercial Insurance and Protection of Business Property

Paragon Independent Insurance Agencies

Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable. Property insurance policies cover damage or loss caused by perils such as fire, vandalism, theft, or natural disasters. It is critical to understand how to determine what is covered.

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Social Engineering Attacks: What Are They and How to Prevent Them

Cowbell

The aftermath of a social engineering attack can be devastating and result in financial loss, data breaches, malware infections, identity theft, operational disruption, reputational damage, and more. So, how do you prevent and protect yourself from these attacks?

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Landlord Insurance vs. Standard Home Insurance: Key Differences

Protect Commercial Insurance

Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks. Definition and Purpose Standard home insurance is designed for individuals who live in their property, covering both the home and possessions inside it from damage and theft.

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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

Distinguished

Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

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