Distinguished

OCTOBER 15, 2024

Builder’s Risk Insurance covers property during the course of construction, whether it’s a new build or renovation. One common question is whether the contractor and the property owner can be named insureds on the same Builder’s Risk policy. It protects against fire, lightning, hail, wind, theft, and vandalism, among other perils.

Policy 52

Policy Risk Broker-Agent Liability 52

Risk Management Monitor

JANUARY 27, 2022

Ramesh Srinivasan gave a keynote titled “The Opportunities and Downside Risks of Using AI,” touching on the key flashpoints of current technological advancement, and what they mean for risk management. He noted that as data storage has become far cheaper, and computation quicker, this has allowed risk assessment technology to improve.

Risk 75

Risk Crime Cyber Theft 75

Hunton Andrews Kurth

APRIL 27, 2021

The Second Circuit just affirmed the dismissal of a data breach class action predicated on an alleged increased risk of identity theft on Article III standing grounds. Notably, the plaintiffs did not claim they suffered fraud or identity theft because of the inadvertent disclosure. McMorris v. Carlos Lopez & Assocs. ,

Theft 52

Theft Risk Claim Protection 52

Jackson & Jackson

NOVEMBER 16, 2024

Running an IT business in California comes with unique risks and challenges. General Liability Insurance Even in a digital world, physical risks exist. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters. Don’t leave your business vulnerable.

Insurance Policy 52

Insurance Policy Policy General Liability Workers Compensation Insurance 52

Risk Management Monitor

JUNE 30, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance.

Risk 45

Risk Theft Business Interruption Policy 45

Risk Management Monitor

OCTOBER 25, 2022

According to Beazley’s recent Risk & Resilience Geopolitical Report , inflation is a key area of concern for business leaders and they expect economic uncertainty to remain high through to the end of this year. With high unemployment and higher costs, this also poses a risk to employment practices liability (EPL) insurers.

Risk 40

Risk Business Interruption Insurer Insured 40

Risk Management Monitor

MAY 17, 2021

In addition, unsuspecting victims are at risk of receiving surprise tax bills because cybercriminals stole their identities and filed fraudulent claims for COVID-19 unemployment payments. The Federal Trade Commission warns that unemployment fraud puts workers at additional risk of identity theft crimes including tax fraud.

Claim 75

Claim Theft Crime Cyber 75

Protect Commercial Insurance

NOVEMBER 1, 2024

Unlike standard home insurance, which is tailored for owner-occupied homes, landlord insurance is crafted to address risks associated with renting out your property. Its primary purpose is to protect landlords from financial loss stemming from tenant-related incidents, property damage, and other rental-specific risks.

Home Insurance 52

Home Insurance Out-Of-Pocket Insurer Insured 52

Zywave

NOVEMBER 13, 2024

But with growth opportunities comes risk. According to a report by the Identify Theft Resource Center , in 2023 there were over 3,000 publicly reported data compromises, impacting over 350 million people. That represents a 72% increase over the year before. And your own first-party data isn’t going to get you there.

Cyber 52

Cyber Policyholder Insurer Insured 52

Hunton Andrews Kurth

JANUARY 20, 2023

The plaintiffs further alleged that these violations continuously and repeatedly exposed the company’s workers to privacy risks, such as hackers obtaining and using their personal information to steal their identity and commit identify theft.

Theft 106

Theft Claim Policy Risk 106

Property Insurance Centre

NOVEMBER 11, 2024

In other cases, it will be due to underwriting appetite of insurers and their ever changing attitudes to risk. Think about security – The safer a property is from theft and the better the deterrent, often will lead to lower premiums, reasonable excesses and generally better terms. Having said that, there are ways you can help yourself.

Insurer 52

Insurer Insured Insurance Premium 52

TGS

OCTOBER 3, 2024

Coastal homes in Florida, for example, face higher premiums due to the increased risk of hurricanes, flooding, and wind damage. The more risks your area poses, the more your insurance company will charge to protect you. The more risks your area poses, the more your insurance company will charge to protect you.

Premium 52

Premium Deductible Out-Of-Pocket Insurer 52

Cowbell

NOVEMBER 18, 2024

So, why do Black Friday and Cyber Monday pose an increased risk for cyber threats? Theft of Physical Assets : If physical assets such as laptops, tablets, or smartphones are stolen, they can provide access to sensitive information, especially if not properly secured. These attacks can lead to lost sales and reputational damage.

Cyber 98

Cyber Protection Damage Theft 98

Protect Commercial Insurance

NOVEMBER 8, 2024

It provides protection against a plethora of risks, including property damage, liability claims, theft, and even employee injuries. Adequate insurance coverage ensures that your business is fully protected against potential risks that could harm its financial health.

Commercial Insurance 52

Commercial Insurance Commercial Premium Deductible 52

Paragon Independent Insurance Agencies

NOVEMBER 15, 2024

Whether you face risks like fire, theft, or weather damage, having property insurance ensures you can recover quickly and continue your operations with minimal disruption. This protection is crucial in safeguarding your company from unexpected legal battles.

Business Insurance 40

Business Insurance Business Interruption Professional Liability Insurance General Liability 40

Protect Commercial Insurance

OCTOBER 25, 2024

This approach ensures that you choose a policy that doesn’t just tick boxes but genuinely covers your specific risks and requirements. What are the specific risks associated with your industry? Every industry comes with its own set of risks. Once you’ve outlined the risks, the next step is determining how much coverage you need.

Business Insurance 52

Business Insurance Liability Insurance Liability Policy 52

Jackson & Jackson

APRIL 30, 2024

Understanding Location-Based Risk Factors Location plays a pivotal role in determining insurance premiums for commercial properties. Various factors tied to a property’s geographic and socio-economic setting influence insurers’ risk assessments. Here’s how these factors come into play: 1.

Commercial Property 52

Commercial Property Property Insurance Commercial Crime 52

Jackson & Jackson

JANUARY 9, 2024

In an era where data is as valuable as currency, the risk of cyber threats looms more significant than ever, particularly for technology companies. Cyber Insurance, encompassing Data Breach and Cyber Liability coverage, is no longer optional but a critical component of a comprehensive risk management strategy.

Cyber 52

Cyber Broker-Agent Liability Theft 52

Paragon Independent Insurance Agencies

SEPTEMBER 30, 2024

Ensure your tiny house is insured against theft and damage. This assessment will help the inspector understand the risk level associated with insuring your home. Begin by conducting a comprehensive home assessment, then select residential coverage to include in your insurance policy.

Out-Of-Pocket Expense 40

Out-Of-Pocket Expense Out-Of-Pocket Home Insurance Insurance Policy 40

Jackson & Jackson

APRIL 26, 2024

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. Key Coverages for California Property Investors Property Damage : Covers damage to your buildings and contents caused by fire, theft, vandalism, and natural disasters.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Paragon Independent Insurance Agencies

MAY 27, 2024

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. 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.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Protect Commercial Insurance

NOVEMBER 15, 2024

Designed to protect your business from unforeseen risks, commercial insurance can offer the peace of mind you need to focus on what truly matters—growing your business and serving your clients. Another critical component of risk mitigation during uncertain times is investing in commercial insurance, which we will delve into next.

Commercial Insurance 52

Commercial Insurance Commercial Protection Business Interruption 52

Distinguished

JULY 22, 2024

However, the very qualities that make collectibles so precious also expose them to unique risks. Theft, damage during transport, or accidental breakage can devastate a collection that has taken years to assemble. Unfortunately, these unique risks are rarely appropriately covered by standard homeowner insurance policies.

Insurer 52

Insurer Insured Insurance Policy 52

Cowbell

AUGUST 6, 2024

But, it’s not just small businesses that are at risk: given how effective social engineering methods are, individuals across businesses of all industries and sizes need to be aware of the latest social engineering tactics and how to effectively identify and thwart them. So, how do you prevent and protect yourself from these attacks?

Financial Loss 52

Financial Loss Cyber Theft Risk 52

Mark Jackson Insurance Agency

SEPTEMBER 9, 2024

Motorcycle on an open road by Pragyan Bezbaruah Riding a motorcycle offers an unparalleled sense of freedom and excitement, but it also comes with its share of risks. Insurance provides financial protection against damage, theft, and liability, providing you with assistance in case of a covered loss.

Protection 52

Protection Injury Theft Damage 52

Protect Commercial Insurance

MAY 30, 2024

As a business owner, it is crucial to protect your empire from various risks and threats that can potentially disrupt your operations and financial stability. Additionally, consider the specific risks your business may face based on its location and industry. Welcome to our comprehensive guide on essential business insurance.

Cyber 52

Cyber Business Insurance Business Interruption Professional Liability Insurance 52

Distinguished

AUGUST 5, 2024

What Specific Risks Do Toys Face? The top risks to toys, much like other collectibles, are theft, disappearance in transit, and accidental damage. However, beyond these primary risks, certain toys can have other risks as well. The nature of these risks will depend greatly on the kind of toy being insured.

Broker 52

Broker Broker-Agent Insured Insurer 52

Triple-I: Business Insurance

APRIL 4, 2024

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. Complaints tracked over the past five years have impacted at least 8 million people.

Financial Loss 52

Financial Loss Cyber Crime Risk 52

Insurance Agency of Ohio

JANUARY 30, 2020

By Troy Dohmeyer Equipment and material theft is a major source of loss for contractors. Good planning is essential to construction site security, preventing theft of valuable construction materials and tools. Good planning is essential to construction site security, preventing theft of valuable construction materials and tools.

Theft 52

Theft Insurance Agency Workers Compensation Deductible 52

Mark Jackson Insurance Agency

MAY 21, 2024

Traditional home insurance policies often fall short of covering the unique risks associated with running a business from home. This means that the equipment, inventory, and tools crucial to your business operations might not be covered under a standard policy in the event of damage or theft.

Liability 52

Liability Business Interruption Professional Liability Insurance Home Insurance 52

TGS

OCTOBER 25, 2024

Insurance companies take this aging process into account when assessing risk, and as your home’s structure and systems age, the likelihood of a claim increases. What You Can Do: One way to counteract the higher costs of insuring an aging home is to invest in upgrades that can reduce the risk of claims.

Home Insurance 52

Home Insurance Premium Out-Of-Pocket Insured 52

Jackson & Jackson

MAY 22, 2024

However, with great opportunities come great risks. “Understanding Multi-Family Property Insurance” Commercial property insurance is a vital safeguard for property owners, protecting their assets against various risks. . It protects against perils like fire, explosions, storms, and other risks outlined in the policy.

Property Insurance 52

Property Insurance Commercial Property Commercial Broker-Agent 52

Jackson & Jackson

AUGUST 16, 2024

This means that in the event of a fire, theft, or other covered peril, homeowners can receive compensation for both the repair or replacement of their home and their personal possessions. The state’s dry climate and strong winds create ideal conditions for wildfires to spread rapidly, putting homes at risk of destruction.

Insurer 52

Insurer Insured Insurance Risk 52

Cover4LetProperty

JANUARY 29, 2024

Essentially, insurance is about risk and a calculation of the probability of loss or damage being suffered by the insured item or items. Risk is assessed with respect to the likelihood of loss or damage leading the insured to make a claim, since the settlement of claims paid out to the insured represent a liability for the insurer.

Home Insurance 52

Home Insurance Insurer Insured Insurance 52

TGS

NOVEMBER 12, 2024

Why Insurance Companies Love Smart Home Tech (Hint: It’s All About Risk Reduction) So, here’s the question: why would an insurance company care if you have a smart thermostat or a video doorbell? Well, it all comes down to risk. This risk reduction translates to fewer claims and, consequently, a lower likelihood of large payouts.

Home Insurance 52

Home Insurance Premium Insurer Insured 52

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. This policy provides coverage for your business’s physical assets, including buildings, equipment, inventory, and furniture, against risks such as fire, theft, vandalism, and natural disasters.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

ProWriters

JANUARY 23, 2024

Conducting more regular risk and vulnerability assessments, including at least annual external and internal penetration tests. Class A companies must meet further requirements, including: Conducting independent audits of their cyber security programs based on risk assessment.

Cyber 52

Cyber Broker-Agent Risk Protection 52