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risk management
THE SINGLE BEST PROTECTION AGAINST RANSOMWARE MFA can Save your Business from Malicious Ransomware and other Cyber Attacks   Small businesses are exposed According to the department of Homeland Security approximately 50 – 75% of all ransomware breaches were against small businesses. With the rise in successful ransomware breaches, the associated costs of a ransomware...
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How’s Your Doctor’s Webside Manner? By Kayla Mayhew | Life Sciences Practice Leader | Founders Professional Over a dozen physicians, from primary care doctors to specialists, couldn’t explain 17 years of daily symptoms – which worsened with each passing year. Test after test gave no answer. Medications provided either no relief or made symptoms worse....
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New Insurance Exposures for Real Estate Agents, Property Managers, and Property Inspectors July 2020 The cost of professional liability insurance for real estate agents, brokers and property managers seems to be on the rise. Why now? Why this sector? Insurance carriers have been taking a step back, and have been re-evaluating the real estate sector...
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Why are Premiums Going Up? March 2020 A private company, with no claims history and no cannabis or crypto currency exposure, gets their management liability renewal quote and the premium is up 20%.  The CFO says, “Our company is the same as it was a year ago, why did my premium increase?” The current premium...
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Today, companies would never think of operating without property and casualty insurance. Yet, everyday companies are ignoring a risk that has the potential to cause just as much financial damage and even impact future viability. Small businesses are much more likely to be hit by a cyber attack, and are less resourced to deal with...
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Why Buy Cyber Liability? 10 REASONS ARCHITECTS, ENGINEERS & CONTRACTORS NEED TO BUY CYBER LIABILITY INSURANCE NOW   1 | PRIVACY LAWS Forty-seven states, the District of Columbia and the federal government have privacy laws requiring prompt notification if personally identifiable information (“PII”) that is not encrypted is lost, stolen or disclosed. Cyber coverage will...
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5 Risk Management Procedures Your Law Firm Needed Yesterday Last year, I wrote an article on the importance of risk management in law firms, and why it is necessary to help firms run more smoothly, and, above all, avoid claims. But understanding that risk management is important is just a piece of the puzzle. Knowing...
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Contract review for A&E firms
The Importance of Contract Review for Your A&E Firm While there are many ways an Architecture, Engineering or Design Firm can manage their risk in providing their services to a 3rd party, a thorough contract review is of utmost importance. With the complex services offered by A&E firms, coupled with the sometimes-challenging projects, an A&E...
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Over the next couple of decades, the United States will see unprecedented growth in its senior population as the “Baby Boomer” generation (born between 1946 and 1964) ages. Over 10,000 baby boomers turn 65 every day.  With this influx of aging boomers, increases in healthcare demands will be seen throughout the healthcare industry, with the...
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When thinking about the risks that law firms may encounter on a day to day basis, your mind may go straight to malpractice.  But the truth is, the risks that attorneys face go far beyond negligence.  Good risk management in law firms is one of the most important factors insurance companies look for when determining...
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