The Importance of Having a Cyber Security Plan
Authored by Sara Weathers
With more and more companies moving to a virtual workspace these days, cyber security is more important than ever. Years ago, financial institutions, such as banks and credit unions, retail stores, and healthcare organizations, like hospitals, were the main targets for cyber-attacks. Now, any company with an online presence and...
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About The Importance of Having a Cyber Security Plan
How the COVID-19 Pandemic has Affected Property Insurance Claims
Authored by Sara Weathers
One of the unexpected side effects of the COVID-19 pandemic has been the prices of materials and labor skyrocketing. Because of this, increases in property insurance claim costs are taking place as well.
In an interview with Jim Sams of ClaimsJournal.com, Greg Pyne, who is the vice president of pricing solutions at Versik’s Xactw...
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About How the COVID-19 Pandemic has Affected Property Insurance Claims
What is Employment Practices Liability?
Did you know that most employment-related claims are not within the scope of the general liability coverage? These claims are excluded by the expected or intended injury exclusion, the employer’s liability exclusion, or because the damages sought are neither bodily injury nor property damage.
As a consequence of the routine use of an exclusionary endorsem...
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About What is Employment Practices Liability?
Why is Directors and Officer’s Liability Important?
Wrongful acts include omissions, errors, misstatements, misleading statements, neglect, or breach of duty. Beneficiaries are the directors, officers, or the corporation itself.
Directors and officers can be personally sued by shareholders, creditors, employees, suppliers, customers, competitors, or regulators. Suites can be bought for various reasons- Sha...
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About Why is Directors and Officer’s Liability Important?
