Distinguished

FEBRUARY 24, 2025

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

Liability

Cowbell

JUNE 19, 2025

Real-World Impact Financial Losses : The FBI’s 2023 Internet Crime Report noted $2.9 billion in global BEC losses, with businesses losing millions per incident due to unrecoverable transfers. appeared first on Cowbell Cyber. For as little as $1.38 The post How Does BEC Lead to Payment Fraud?

Financial Loss

Insurance Journal

MARCH 9, 2025

The history of insurance dates back as far as 2000 BCE, when merchants and traders developed basic risk-sharing agreements to protect against financial losses from unpredictable events. At its most basic, insurance as a concept was merely a financial safety …

Financial Loss

Insurance Journal

JULY 24, 2024

The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19 is $5.4 The portion of the loss covered under cyber insurance policies … billion, modeling and insurance services firm Parametrix estimates.

Financial Loss

Central Insurance

JANUARY 16, 2025

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies.

Protection

Central Insurance

JANUARY 16, 2025

In todays rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies.

Protection

ProWriters

SEPTEMBER 1, 2024

Cyber threats continue to challenge individuals, countries, and companies in today’s digitally interconnected world. Have your business clients assessed their cyber risk recently and obtained adequate Cyber Liability Insurance? And some of these conflicts pose cyber security threats.

Cyber

Neilson Marketing Services

OCTOBER 2, 2024

A single breach could lead to devastating consequences, including financial losses, legal liabilities, damage to your reputation, and the potential loss of client trust. A security breach could not only harm your clients but also expose you to legal risks, compliance issues, and significant reputational damage.

Cyber

Triple-I: Business Insurance

APRIL 4, 2024

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. billion in losses, with investment scams making up $4.57 Meanwhile, supply-chain attacks increased, and weak notification frameworks further increased cyber risk for all stakeholders.

Financial Loss

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

Cowbell

NOVEMBER 1, 2024

Department of Homeland Security and the National Cyber Security Alliance, NCSAM promotes best practices and provides resources to help individuals and businesses stay protected in an increasingly digital world. The Importance of Cybersecurity Every business—regardless its size—is at risk of a cyberattack.

Cyber

ProWriters

NOVEMBER 30, 2024

High-profile incidents in healthcare, automobile retail, and even the cyber security industry itself cast a harsh spotlight on how vulnerable dependencies and connections between businesses are in today’s economy. Doing so can help assess their risk management strategies and the adequacy of their Cyber Insurance coverage.

Cyber

ProWriters

FEBRUARY 19, 2024

As our shops go virtual, so do the risks. The retail sector has seen a significant uptick in cyber threats, with ransomware attacks surging by 75% in 2022, according to Sophos. Common cyber threats retailers encounter include data breaches and ransomware attacks, which have become more sophisticated over time.

Cyber

ProWriters

OCTOBER 2, 2024

Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Let’s break down the steps involved in a data breach forensic investigation and see how the experts pull back the curtain on cyber crime.

Cyber

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

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

Mark Jackson Insurance Agency

FEBRUARY 18, 2025

From streamlining claims processing to introducing new risks that companies must address, AI-driven technologies are reshaping the way businesses approach coverage and risk management. However, while these technologies create new opportunities, they also introduce new and unique risks to consider.

Business Insurance

Cowbell

DECEMBER 20, 2024

At the highest level, it is a comprehensive security solution designed to address physical and cyber threats against executives, VIPs and other high-value individuals. Executives are twelve times more likely to be targeted in a cyber-attack, sixty-nine percent of executives report a dramatic increase in physical threats.

Protection

Jackson & Jackson

NOVEMBER 16, 2024

Running an IT business in California comes with unique risks and challenges. Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. General Liability Insurance Even in a digital world, physical risks exist.

Insurance Policy

Protect Commercial Insurance

SEPTEMBER 6, 2024

The Rise of Cyber Insurance As cyber threats become more sophisticated and frequent, the demand for cyber insurance has skyrocketed. Companies of all sizes are increasingly targeted by cybercriminals, and the consequences can be devastating—from financial losses to reputational damage.

Commercial Insurance

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. Additionally, general liability insurance typically does not cover claims related to professional services or cyber incidents. Don’t let overlooked insurance policies be the weak link in your business’s defence strategy.

Insurance Policy

Protect Commercial Insurance

JUNE 27, 2024

Every business, no matter its size or industry, faces unique risks that require specific coverage solutions. Regardless of size, all businesses face potential risks that can threaten their operations and financial stability. This is far from the truth. However, the reality is starkly different.

Commercial Insurance

ProWriters

APRIL 3, 2024

Today’s dynamic business environment and litigious society pose several risks to businesses. Coverage of claims made by third parties who suffer financial losses due to the insured’s actions. Businesses can thus reduce the likelihood of claims, creating a positive work environment while minimizing their exposure to risk.

Liability

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

Protect Commercial Insurance

NOVEMBER 22, 2024

The cost of commercial insurance is generally based on several factors, such as the type and size of your business, its location, and the specific risks involved. Long-term Financial Benefits While the upfront cost of commercial insurance might seem high, consider the long-term savings and financial security it provides.

Commercial Insurance

Cowbell

DECEMBER 20, 2024

Employment fraud can be categorized into three primary types: Misrepresentation: (Low Risk) Employees or contractors lying on their resumes, fabricating reference contacts, and using remote desktop tools to periodically get help from unauthorized third parties (generally friends and family, not paid help).

Theft

Protect Commercial Insurance

DECEMBER 6, 2024

The notion of business coverage can be traced back to medieval times, when the shipping industry first implemented rudimentary forms of risk management. With rapid advancements in machinery and transportation, businesses faced new categories of risk. By the 20th century, the insurance industry began to reflect broader societal shifts.

Commercial Insurance

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 covers property damage, loss of income, liability claims, etc.

Property Insurance

ProWriters

NOVEMBER 13, 2024

The CrowdStrike outage is also a stark reminder: No organization is invulnerable to disruptive, costly, and potentially disastrous cyber incidents. This incident caused the data access challenges, service interruptions, and damage to revenue and reputation an actual supply chain cyber attack can cause. What Is the CrowdStrike Attack?

Cyber

Frankenmuth Insurance

SEPTEMBER 19, 2024

What risks does your business face? But the most successful businesses know how to prepare for these risks and respond to them quickly and effectively. See some of the business risks you could face and what you can do. Risk #1: Weather and natural disasters. Risk #2: Employee health and safety. Risk #5: The future.

Risk

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. In this article, we will explore different types of insurance coverage that can help safeguard your business from property damage, liability claims, cyber threats, and more.

Cyber

ProWriters

JANUARY 9, 2024

“Substantial Risk of Future Injury Qualifies for Standing” In the past, many data breach lawsuits were dismissed due to the plaintiffs’ lack of standing. More recently, courts have agreed the risk of future harm, such as identity theft or potential financial loss, constitutes standing to bring a lawsuit for a data breach.

Cyber

ProWriters

MAY 7, 2025

Cyber criminals know this, seeing vulnerable systems as easy targets. Thats why HIPAA cyber security isnt just a regulationits a necessity against ransomware, phishing scams, and data theft. A healthcare cyber attack can cripple operations, prevent patient care, and lead to massive financial and legal consequences.

Cyber