Apr 21, 2022 | Business Insurance, Business Operations, Risk Management
WHILE RANSOMWARE is making the headlines as the major cyber threat, small and mid-sized businesses are increasingly being targeted by lower fraud that dupes them into wiring criminals funds, according to a new report. These funds transfer fraud crimes involve hackers... 
Nov 30, 2021 | Business Insurance, Business Operations, Employement Practices
RATES FOR most commercial lines of insurance are likely to continue rising going into 2022, as claims costs mount across the board. A new report from Marketscout notes that rate increases have accelerated across all major lines, but have been most pronounced in... 
May 30, 2021 | Business Insurance, Business Operations
THE RECENTLY enacted American Rescue Plan Act of 2021 includes a 100% COBRA subsidy for up to six months through Sept. 30 for employees laid off during the COVID-19 pandemic. Due to the short ramping up period, it’s imperative that employers who have laid off workers,... 
May 22, 2021 | Business Insurance, Business Operations
WHILE BIG-TICKET and dramatic workers’ comp claims make headlines, the reality is that the more run-of-the-mill injuries are the ones that end up costing employers the most. That is especially true for slips, trips and falls and related injuries, which can often turn... 
May 18, 2021 | Business Insurance, Business Operations
THE MAJORITY of employee thefts are occurring in organizations with 500 employees or less and the median loss is $357,650, according to a report by Hiscox, a specialty insurer. The main types of crime are outright theft of cash and check fraud, with rogue employees...