Nov 17, 2024 | Business Insurance, Business Interruption
A New Study on Cyber Incident Costs A new study has found that the fastest-growing cost associated with cyber incidents is business interruption. This highlights the need for businesses to establish strong response and data restoration measures, especially after a... 
Nov 10, 2024 | Business Insurance, Business Interruption
A common problem in the transportation industry is fleet managers or drivers failing to report accidents. Ignoring this issue won’t make it disappear—it will likely come back to haunt you, especially if a third party is involved, which can escalate a minor claim...Nov 3, 2024 | Business Insurance, Business Interruption
After some workplace accidents, employers may want to conduct a post-incident drug or alcohol test on employees involved, especially in cases of severe incidents or suspected impairment. However, employers who enforce a blanket policy of testing every worker reporting... 
Sep 26, 2024 | Business Insurance, Business Interruption, Business Operations
During the height of the COVID-19 pandemic, global supply chains broke down as factories around the world shuttered, including thousands that produce everything from automotive parts and hard disk drives to eyeglass lenses and air conditioners. Carmakers in Detroit... 
Aug 3, 2024 | Business Insurance, Business Interruption
One of the biggest threats facing cannabis cultivators is the increasing number of forest and grassland fires in prime growing areas like Northern California, Oregon, and Washington. There is not only the threat of an entire crop going up in flames, but smoke and ash... 
Jun 21, 2024 | Business Insurance, Business Interruption, Business Operations
The U.S. Drug Enforcement Administration has proposed new rules that would reclassify cannabis from a Schedule 1 controlled substance (on par with heroin and LSD) to a Schedule 3 drug. The change would pave the way for significant tax relief for cannabis operators....