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. Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims.

Liability 52

Liability Liability Insurance Insurer Insurance 52

Frankenmuth Insurance

OCTOBER 3, 2024

At a basic level, never assume someone is who they claim, regardless of how they engage with you.” Consider cyber insurance. Cyberattacks are the fastest-growing crime in the United States, which is why businesses today benefit from cyber insurance. Talk to a local, independent agent about online and cyber safety today.

Cyber 86

Cyber Crime Agents Protection 86

Protect Commercial Insurance

APRIL 11, 2025

Awareness in this area can prevent nasty surprises when you attempt to make a claim: – Flood Damage : Often requires separate coverage or endorsements, especially in flood-prone areas. – Data Breach Insurance : Critical for technology-reliant businesses, protecting against cyber risks.

Commercial Property 52

Commercial Property Property Insurance Commercial Insurer 52

Risk Management Monitor

JUNE 14, 2021

According to a survey by RiskRecon , a Mastercard company, and the Cyentia Institute , third-party risk practitioners said that 31% of their vendors could cause a critical impact to their organization if breached, while 25% claimed that half of their entire network could trigger severe impacts.

Risk 69

Risk Cyber Building Claim 69

Distinguished

MAY 13, 2025

Here is a list of the coverages that many hotels need: General liability : A basic GL policy helps cover claims associated with everyday business activities such as guests falling on premises, damage to guest property, restaurant operations, and accidents related to recreational activities. Crimes like this dont just impact individuals.

Broker 52

Broker General Liability Liability Insurer 52

Risk Management Monitor

MAY 17, 2021

As federal and state officials scramble to send unemployment and stimulus funds to help people hit hard by COVID-19 business shutdowns, it has become a perfect storm for cyber fraud. The payments are an easy target for cybercriminals as hackers and cyber gangs around the world have started to file unemployment claims use stolen identities.

Claim 75

Claim Theft Cyber Crime 75

Risk Management Monitor

OCTOBER 25, 2022

The insurance industry has already seen several supply chain and inflation-driven Security Class Action claims. Various companies have made claims as a result of challenged financials in the wake of strong inflationary and supply chain/labor impact. Both impact the bottom line.

Risk 40

Risk Insurer Insurance Business Interruption 40