Distinguished

JUNE 30, 2025

This includes common risks like theft or fire damage but also more niche coverages like food spoilage and cyber liability. Food spoilage and contamination coverage: Compensates for losses due to spoiled inventory from equipment failures or power outages and covers business interruption resulting from foodborne illness outbreaks.

Liability

Distinguished

JUNE 30, 2025

This includes common risks like theft or fire damage but also more niche coverages like food spoilage and cyber liability. Food spoilage and contamination coverage: Compensates for losses due to spoiled inventory from equipment failures or power outages and covers business interruption resulting from foodborne illness outbreaks.

Liability

Distinguished

FEBRUARY 24, 2025

Cyber attacks: Digital systems like payment terminals and booking systems are convenient, but they also open restaurants up to the possibility of expensive data breaches. Food spoilage and contamination coverage: Compensates for losses due to spoiled inventory or business interruptions caused by foodborne illness.

Liability

Distinguished

MAY 13, 2025

Cyber liability : A policy designed to cover the costs associated with cybercrime and data breaches. You can add on high-limit hotel umbrella insurance (limits up to $145 million) and cyber liability so your clients get the comprehensive hotel insurance coverage they need. Still have doubts?

Broker

Top Insurance Blogs

APRIL 19, 2025

From boutique hotels in Munich to family-owned restaurants in Berlin, Ive helped many of them protect their business and, by extension, their finances. If theres a common factor Ive noticed in all, its the […] The post Tailoring Business Insurance for the Hospitality Industry in Germany appeared first on My Top Insurance Blogs.

Business Insurance

Insurance Journal

JANUARY 15, 2025

Cyber, business interruption and natural catastrophes are the top three risks that concern global businesses, according to the Allianz Risk Barometer 2025. Cyber incidents, such as ransomware attacks, data breaches and IT outages, is the top global risk for 2025, …

Business Interruption

Insurance Journal

JUNE 10, 2025

United Natural Foods Inc., one of the largest U.S. grocery distributors whose clients include Whole Foods, took certain systems offline in recent days after the discovery of unauthorized activity on internal networks, the company said on Monday. A Whole Foods …

Cyber

Insurance Journal

JUNE 11, 2025

United Natural Foods Inc., a grocery distributor for Amazon Inc.’s ’s Whole Foods Market, is working to bring systems back online by June 15 and resume product deliveries after a cyberattack disrupted its operations, leaving some store shelves barren of ice …

Business Interruption

Insurance Journal

JULY 30, 2024

Delta Air Lines has hired a law firm and will seek compensation from Microsoft and CrowdStrike over a global cyber outage earlier this month that disrupted flights around the world, CNBC reported on Monday. The Atlanta-based airline has been the …

Cyber

Insurance Journal

DECEMBER 4, 2024

A technology issue at Alaska Airlines resulted in the temporary grounding of flights in Seattle on Monday morning and problems into the afternoon for people trying to book flights on its website, the airline said. The Seattle-based company said in …

Cyber

ProWriters

OCTOBER 2, 2024

As an insurance broker, you likely recognize that while these technologies drive business operations, they also increase vulnerability to cyber crime, making Cyber Insurance a necessity for your clients. Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging.

Insurance Broker

ProWriters

NOVEMBER 17, 2024

Experts estimated ransomware attacks were hitting businesses every 11 seconds in 2021. As a Cyber Insurance broker, you need to help your business clients understand the dangers ransomware poses, how to defend against them, and why Cyber Insurance is an indispensable part of any sound security strategy.

Cyber

Insurance Journal

APRIL 29, 2025

Spanish electricity grid operator REE said on Tuesday its preliminary assessment had ruled out cyberattack as the cause of the nationwide power outage that hit most of Spain and Portugal on Monday. Lights went off in most of the two …

Cyber

Insurance Journal

MAY 13, 2025

Marks & Spencer Group Plc said some personal customer data was stolen by hackers as the British retailer continues to investigate and manage a highly-damaging “cyber incident.” ” The stolen data does not include “useable payment or card details” and there …

Cyber

ProWriters

JUNE 4, 2025

Cyber criminals stole and resold more than 900 digital tickets between June 2022 and July 2023. The theft of these high-profile, high-priced tickets highlights online ticketing platforms’ need for Cyber Liability Insurance. Even so, incidents like these highlight platforms need to have Cyber Insurance in place.

Cyber

Prof. Allan Manning

FEBRUARY 24, 2024

L oss Management International (Post loss Claims Preparation and Loss Adjusting) , Risk Management International (Pre Loss policy program reviews and business interruption sum insured reviews), and Claims Management International (Post Loss Third Party Administration services) based in Melbourne, Australia.

Business Interruption

Prof. Allan Manning

FEBRUARY 24, 2023

A number of pre loss services are also provided by the LMI Group, including Business Interruption Sum Insured Reviews, Policy Drafting, Insurance Program Reviews, Risk Surveys, and Risk Engineering Services along with Business Continuity Management Services, and Cyber Security Reviews.

Insurance Industry

ProWriters

MAY 28, 2024

Contractors in the construction industry are not immune to cyber attacks. Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Cyber Insurance for contractors is an essential safety net.

Cyber

ProWriters

FEBRUARY 19, 2024

The retail sector has seen a significant uptick in cyber threats, with ransomware attacks surging by 75% in 2022, according to Sophos. Retail Cyber Insurance protects your clients’ businesses from cyber threats, helping to maintain operational continuity, a seamless shopping experience, and customer trust.

Cyber

Cowbell

JANUARY 15, 2025

A successful cyberattack could result in unauthorized access to company accounts, which could compromise company or client data, and lead to business interruption or account lockouts. Speartip: [link] The post Cyber Threat Alert: fasthttp Used in New Bruteforce Campaign appeared first on Cowbell Cyber.

Cyber

Cowbell

SEPTEMBER 23, 2024

At Cowbell, we work with our agency partners and brokers to help educate our clients on emerging and evolving cyber risks and the enemy within can present a very real threat. What is a Cyber Insider Threat? They are typically financially motivated or reveal information to disrupt business operations.

Cyber

Paragon Independent Insurance Agencies

DECEMBER 16, 2024

As cyberattacks become increasingly prevalent worldwide, it’s crucial for business owners and commercial investors in Plano, TX, to consider cyber liability insurance. Protection From Financial Losses Dealing with business interruptions, disruptions, legal fees, and data breaches can quickly accumulate costs.

Commercial Property

Protect Commercial Insurance

MAY 24, 2024

Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents. That’s why it’s crucial to consider other insurance policies to protect your business comprehensively.

Insurance Policy

Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. That is not to say that there is necessarily cause for panic, simply that the effects of cyber conflict can be unexpected, widespread and potentially severe.

Cyber

Insurance Journal

JUNE 24, 2025

Google had a pretty bad day recently. The kind of day that would make Spotify stop singing, Discord and Snapchat go quiet, and give retailer Marks & Spencer a panic attack. Because too many companies are leaning on a …

Business Interruption

Insurance Journal

JULY 22, 2024

Delta Air Lines Inc. expects to cancel more flights this week as the carrier tries to recover from a crippling technology outage. The airline canceled more than 800 flights as of Monday afternoon, bringing its total since Friday’s meltdown to …

Business Interruption

Insurance Journal

JUNE 12, 2025

A string of recent cyberattacks and data breaches involving the systems of major retailers have started affecting shoppers. United Natural Foods, a wholesale distributor that supplies Whole Foods and other grocers, said this week that a breach of its systems …

Business Interruption

Protect Commercial Insurance

JUNE 27, 2024

Insurance policies such as property, liability, and professional indemnity can provide a crucial safety net, making it essential for businesses of all sizes. Every business that uses technology for storing confidential information, managing data, or even for processing payments is vulnerable to cyber-attacks.

Commercial Insurance

LexisNexis

AUGUST 27, 2024

Learn about the steps businesses should take to recover on the business interruption, including contract and indemnity claims, caused by this software failure. Cybersecurity Insurance Policies Review Checklist Discover key issues and risks that should be considered when reviewing a cybersecurity insurance policy.

Business Interruption

Insurance Journal

DECEMBER 3, 2024

An accused teenage hacker who was arrested last month in California is suspected of being a member of the notorious cybercrime group Scattered Spider, according to several people familiar with the matter. prosecutors charged Remington Ogletree on Oct. 30 …

Business Interruption

Insurance Journal

MAY 19, 2025

Hackers have stolen a “significant amount of personal data” from people who received legal aid across England and Wales, the UK’s Ministry of Justice said. A breach at the Legal Aid Agency that was identified by the government in April …

Business Interruption

Insurance Journal

MAY 14, 2025

Nucor Corp., the biggest steel manufacturer in North America, shut down production at some of its facilities after detecting an unauthorized intrusion into its computer systems. The company took potentially affected systems offline and implemented other containment measures, Nucor said …

Business Interruption

Mark Jackson Insurance Agency

DECEMBER 16, 2024

Address Cyber Risks As cyber threats continue to rise, its essential to evaluate whether your current cyber liability insurance is sufficient. Consider expanding your coverage if your business has increased its reliance on digital operations or experienced cybersecurity concerns this year.

Business Insurance

Cowbell

OCTOBER 11, 2024

Cybercriminals will often target small businesses that may be scrambling to resume operations and are less likely to be vigilant about cybersecurity in the wake of a disaster. This can add another layer of complexity while trying to limit business interruption.

Cyber

Insurance Journal

MAY 15, 2025

British retailer Marks & Spencer said on Thursday food volumes flowing from its distribution centers to its stores were back to normal levels after product availability was hit by last month’s cyberattack. “In chilled areas of our stores, customers can …

Business Interruption

Protect Commercial Insurance

NOVEMBER 22, 2024

Myth 4: “Insurance Covers All Types of Business Losses” Limitations of Coverage While it would be lovely if insurance covered absolutely everything, that’s not quite the case. For instance, standard commercial insurance might cover damages from a fire, but do you have coverage for theft or cyber-attacks?

Commercial Insurance

Protect Commercial Insurance

NOVEMBER 15, 2024

. – Liability Insurance : Protects businesses against claims of negligence or harm caused by their products or services. – Business Interruption Insurance : Essential for covering loss of income if business operations are disrupted. This is where business interruption insurance plays a pivotal role.

Commercial Insurance