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Home > Blog > U.S. E & O Brokers Blog Page 13
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U.S. E & O Brokers Blog Page 13

View the latest blog posts from U.S. E & O Brokers.

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Monday, December 19, 2016

Why Agents Need E&O Policies

You’re an insurance agent, so you know how important it is for people to have proper coverage. But, you’re in the insurance business. You need coverage yourself. Insurance agencies strive to run trustworthy businesses in their communities. Having insurance protections should be a no-brainer. READ MORE >>

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Thursday, November 17, 2016

Protect Your Clients with Cyber Insurance

As an insurance company, you have a lot of private client information like social security numbers and credit card information. In today's world, much of this information is probably stored on computers. Storing information on a computer means that it is generally secure, but not foolproof. READ MORE >>

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Thursday, October 27, 2016

Study: Why Businesses Don’t Buy Cyber Coverage

The cost of a typical cyber breach to an American company is much less than has been generally estimated, providing one possible explanation for why companies do not invest more to improve computer security, according to a new RAND Corp. study. The typical cost of a breach is about $200,000 and most cyber events cost companies less than 0. READ MORE >>

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Thursday, October 27, 2016

Ransomware Attacks Are Soaring, Says Beazley in Data Breach Report

Ransomware attacks against businesses will be four times higher in 2016 than last year, with a growing number of ransom-seeking hackers demanding bitcoin rather than money, according to a report by specialty insurer Beazley. The Beazley Breach Insights report is based on the insurer’s client data breaches in the first nine months of 2016. READ MORE >>

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Monday, October 24, 2016

10 Insights into How Small-business Owners Perceive Cyber Risk

Cyberattacks on small businesses are a real and growing problem, and the latest research by Nationwide shows owners are not prepared. Small businesses fall into hackers’ cybersecurity sweet spot — they have more digital assets to target than an individual consumer has, but less security than a larger enterprise, according to Nationwide. READ MORE >>

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Monday, October 17, 2016

Who Benefits from Billing Errors Insurance?

As a business owner, your goal is to provide a service and receive payment for it. However, there are instances in which you may be unable to make a full claim for the costs you’ve incurred due to factors out of your control. In some cases, you may provide thousands of dollars’ worth of service only to find that you cannot charge anyone for those fees. READ MORE >>

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Monday, September 26, 2016

The Definition of Fraud

Considering how important the offense of fraud is to white collar crime, you might expect its parameters to be pretty clear by now. But a recent interesting case out of the 11th Circuit highlights the ongoing occasional uncertainty about what constitutes criminal fraud. READ MORE >>

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Wednesday, September 21, 2016

Why Does Your Agency Need E&O Insurance?

Your independent insurance agency has been well-established for years. You have a skilled staff of agents and office personnel. The workflow seems to run smoothly. But what happens if a mistake is made somewhere down the line? Even the most experienced agents still have the capacity to make the occasional mistake. READ MORE >>

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Tuesday, August 23, 2016

Protecting Your Agency with Cyber Liability Insurance

The foundation of your insurance agency is its ability to serve customers. And with such a large pool of customer data on file, a data breach could have detrimental effects on the lives of your customers and the reputation of your agency. READ MORE >>

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Tuesday, August 2, 2016

6 Things To Know About White Collar Crime

The financial services industry faces the greatest threat of employee theft, with 17 percent of embezzlement cases occurring at these organizations with less than 500 employees. In addition, the professional services industry has the highest median loss, with $615,101 stolen by employees, acco... READ MORE >>

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