2014 is already off to a great start for cyber risk pundits. Last year, experts at large firms like Booz Allen Hamilton and small firms like the UK-based Stack Group predicted that distributed denial of service (DDoS) attacks would become an even bigger problem in 2014. By January 3, hackers had already launched DDoS attacks…
Most factors that influence car insurance premiums are based on statistically-proven risks posed by certain groups of drivers. The higher the risks associated with a specific group of drivers, the higher the auto insurance rate. However, it’s important to know that some insurance companies are willing to offer you better insurance rates than others. That’s mainly because…
Knowing your business’s risk exposure is vital. Risk managers must focus resources to mitigate potential risks, but how do you decide which exposures are the key issues? Dave Mahoney, Zurich’s Forensic Accounting Unit Manager for the property line of business, discusses business income risk in our Risk Revealed video. Watch “Business Income Risk: Protecting the…
A cute puppy or cuddly kitten may seem like a good idea when you’re at the pet shop, but Davis Dyer Max recommends considering the risks and liabilities you may also be bringing home. A national survey by Trusted Choice® found that 29% of respondents, representing more than 65 million households in the United States, said they…
Errors and omissions insurance is alternatively known as professional liability insurance or professional indemnity insurance. A private company might seek protection in the form of liability insurance to help protect against bearing the full brunt of defending a negligence claim in court. What does Errors and Omission Insurance Cover? Typically, companies that specialize in advice-giving…
Weak employee onboarding could spell disaster for a new recruit — and for the long-term health of your business. Here’s a five-day plan for a terrible first week of work for a new employee. Let’s hope these steps aren’t part of your onboarding process! Day 1: Bring Them in Cold Hiring managers set the tone for adding a new team…
Some people vow to exercise more, or to quit smoking or to read more books, and these are all admirable New Year’s resolutions. But what about resolutions that help provide you with peace of mind, more protection and a little more money in your wallet? Davis Dyer Max encourages you to review these three straightforward…
The terms bullying and harassment in the workplace are often used interchangeably. Both cause psychological harm to the victims and make the workplace unpleasant, but they aren’t the same thing. Harassment usually has a physical component and is more intrusive and obvious. Victims and witnesses tend to have an immediate reaction that something is wrong. It is…
The Affordable Care Act (ACA) has left employers with big decisions regarding how to give their employees health care. The ACA provided businesses with three options when facing 2014: continue providing healthcare coverage, transition workers to the private exchanges with defined contributions, or pay a fine and drop healthcare coverage altogether. While the benefits in…
Owning a home is a goal for many Americans. Once you’ve found the home of your dreams, it’s important to make sure that your investment is protected with a homeowner’s insurance policy. Not all homeowner’s insurance policies are created equal. Coverage can vary widely, so it’s important to work with a good agent who will…
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