Best Practices for Safety Committees
A safety committee is crucial for creating and maintaining a safe workplace culture. These committees bring together employees, management and safety professionals to proactively address workplace hazards.
Cybersecurity Updates: Staying Ahead of Threats
With cyberattacks on the rise, it's more important than ever for organizations to stay proactive about cybersecurity and its threats. A well-rounded approach combines strong preventative measures with comprehensive cyber insurance.
The Value of Cyber Insurance
As cyberattacks become more frequent and costly, it’s crucial for organizations to maximize their financial protection against related losses by purchasing sufficient insurance. Cyber coverage, also known as cyber liability insurance, can help organizations pay for a range of expenses that may result from cyber incidents—including (but not limited to) data breaches,ransomware attacks and phishing scams.
Reducing Reputational Risks With Cyber Incident Response Planning
In recent years, cyber incidents have surged in both cost and frequency. That’s why it’s vital for businesses of all sizes and sectors to understand their digital exposures and take steps to minimize damages that may result from cyber incidents. In particular, businesses should consider their reputational risks.
Cybersecurity for Medical Devices and Hospital Networks
Many medical devices contain configurable embedded computer systems that can be vulnerable to cyber security breaches. In addition, as medical devices are increasingly interconnected via the Internet, hospital networks, other medical devices or smartphones, there is an increased risk of cybersecurity breaches, which could affect how a medical device operates.
Risks of Shale Gas Extraction
Shale gas exploration represents vast economic opportunity and an environmental advantage over other fossil fuel sources. However, the extensive use of horizontal drilling and multi-stage hydraulic fracturing means that there are specific, unique risks involved in this type of drilling that are not present in low-pressure, low-volume drilling.
5 Risks of Hiring an Uninsured Contractor
Project owners or general contractors must carefully vet contractors to ensure job site safety and financial security. A critical factor in this selection process is verifying that contractors carry adequate insurance. Hiring uninsured contractors can expose a project to significant risks, including safety hazards, liability issues and potential financial losses.
2024 Midyear Market Outlook: Workers’ Compensation
Profitable underwriting results have generated favorable conditions across the workers’ compensation insurance market for nearly a decade. According to the National Council on Compensation Insurance (NCCI), the segment produced combined ratios of 84.5 and 84.9 in 2022 and 2023, respectively, demonstrating continued profitability.
CrowdStrike, the Most Important Cyber Accumulation Loss Event Since NotPetya, Highlights Single Points of Failure
In what is being called “the most important cyber accumulation loss event since NotPetya,” the July 19, 2024, global technology outage (CrowdStrike) will produce scores of insurance claims across a range of policies, test cyber policy wordings,and sharpen the industry’s focus on single points of failure.
Nursing Home Fire Safety
The health and safety of your residents should be your top priority, so it is important that your facility is proactive in ensuring that the proper fire safety precautions are in place.