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The Importance of Physician Insurance and Risk Management

September 9th, 2023|Blog, Commercial Insurance, Healthcare|

The insurance healthcare landscape is constantly evolving, with new medical treatments, technologies, and policy requirements emerging regularly. With professionals from various healthcare disciplines and backgrounds, the INSURICA Healthcare Practice team can assess risk and design insurance plans from multiple angles.

Average Data Breach Cost Hits All-time High of $4.4M

September 4th, 2023|Blog, Commercial Insurance, Healthcare|

According to IBM’s annual Data Breach report, the average cost of a data breach reached an all-time global high of $4.45 million, up 2.3% from 2022 and 15.3% since 2020. While $4.45 million is the average across the 16 countries included in IBM’s survey of 553 organizations, breaches in the United States cost far more than the average. The 2023 average hit $9.48 million, according to the report.

Construction Industry Trends to Watch

September 3rd, 2023|Blog, Commercial Insurance, Construction|

The construction industry consists of companies that construct, maintain and repair buildings and other structures (e.g., roads, bridges and utility systems). This sector plays a vital role in the U.S. economy by keeping residential areas, commercial facilities and local infrastructure in good condition, thus supporting the safety and welfare of communities across the nation.

Working Remotely From Public Spaces

August 12th, 2023|Blog, Employee Benefits|

Many remote professionals seek public spaces with Wi-Fi for a change in scenery during the work day. This can reduce feelings of claustrophobia, create healthy boundaries between work and home life and increase daily enjoyment. However, a poorly planned remote work excursion can also reduce focus, decrease productivity and increase cyber risk.

Claims Made Versus Occurrence

June 6th, 2023|Blog, Risk Management, Trending|

You are a contractor working on a job site on an ordinary day. Suddenly, without warning, there is an accident and spillage of chemicals. It heads down the hillside for a pond or storm drain. Speedy action by you and other contractors on the job site contains it. Proper calls are made to the right governmental agencies.

Healthcare Industry Trends to Watch

May 23rd, 2023|Blog, Commercial Insurance, Healthcare|

The healthcare industry plays a vital role in the U.S. economy, providing medical services and coordinating care for patients. It is an industry that constantly evolves, facing challenges and trends that require attention and adaptation. In this article, we will explore some of the key trends in the healthcare industry and their potential implications.

Password Security: The Importance of a Strong Password

April 13th, 2023|Blog, Commercial Insurance, Trending|

In today’s world, where almost everything is online, password security has become more critical than ever before. With cyber attacks and identity theft becoming increasingly common, having strong passwords is the first line of defense against unauthorized access to your online accounts.

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