Business e-mail compromise (BEC) scams have emerged as the most prevalent cyber attack facing businesses today, as reported by cyber-security firm Arctic Wolf. Nearly 75% of businesses have encountered these scams, and 29% have suffered successful attacks. These scams involve…
In times of crisis, the preparedness of your firm can determine its fate. Whether facing a global pandemic, natural disaster, or unexpected event like the loss of an owner, having a robust crisis management plan is essential. Here’s how you…
Essential for Business Growth: The Significance of Yearly Insurance Reviews A common oversight as businesses expand is the neglect to update insurance coverage to align with increasing assets and potential liabilities. Relying on outdated insurance can leave you underinsured as…
Starting in 2024, a recent California law, SB 700, will prohibit employers from asking job applicants about their past marijuana usage. The objective of this legislation is to prevent discrimination by doing away with pre-employment marijuana screenings. Additionally, the law…
A recent report spotlights a concerning issue within the small business landscape – despite their growth and achievements, a significant majority of them are inadequately insured. The report, released by Hiscox, a specialized insurance company, unveils that 75% of small…
A new study has found that insurance is often a blind spot for small business owners, with the vast majority of them uncertain if they are adequately insured and what risks their policies actually cover. According to the survey by…
For the most part, when a business needs to file an insurance claim, the carrier accepts the claim and sends out an adjuster to assess the damage, after which it starts paying the claim. But the process sometimes doesn’t go…