The security picture just keeps getting worse for businesses as cybercriminals resort to ever-more devious means to extort businesses with ransomware and steal valuable data to sell on the black market. As the security blog Ride the Lightning reported, the 2017 IBM X-Force Threat Intelligence Index found that records compromised surged 566 percent from 600 […]
A crucial component to any winterizing plan is having the necessary CAT property insurance coverage to provide peace of mind following a destructive blizzard.
Brokers and agents providing casualty or professional liability insurance for manufacturers should work hand in hand with these companies to ensure executives and managers are implementing the right emergency response strategies to mitigate exposure to risks.
While greater adoption of building code standards is helping to keep down insured losses to properties and buildings, it doesn’t mean that architectural, engineering or constructions firms should forsake the crucial professional liability insurance necessary for protecting against the unexpected risks that can arise at any time.
With many firms now extending their reach beyond what might have been their original comfort zones, it’s important that insurance brokers and agents working in this field help their clients understand the full range of risks and how to mitigate exposure to them.