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Defending an employment practices liability (EPL) claim can easily take a year’s time, consume large amounts of money and resources, and distract from normal business operations. But these business claims are prevalent, even for employers who are dedicated to healthy and helpful employee relations. The fact is your business is three times more likely to face an EPL lawsuit than it is to experience a fire. Learn how an EPL insurance coverage can help your business and bottom line.

In the course of administering an employee benefit plan, many decisions must be made. Whether those decisions are being made by an individual or a committee, the process for making the decision must be prudent. Importantly, if the decision later is challenged by a participant by making an ERISA claim in federal court, how can the person or committee who made the decision demonstrate prudence? Becoming informed is the first step in demonstrating prudence.

New cyber breach scenarios are constantly emerging, and they bring with them a variety of new claims. The fact that there’s no industry-standard cyber policy language makes it a tremendous challenge to ensure your Cyber Risk insurance will really protect you. Insurance oversight can lead to costly consequences. It’s critical to know the four truths about cyber risk claims denials, beginning with truth number 1: claims can be denied due to your failure to act.

Every public, private, or nonprofit organization needs to be protected from within with Director and Officers (D&O) liability. If a claim is brought as a result of a corporate decision you make, your D&O policy will kick in. Without one, you lose the business and your personal assets. Understand how D&O works on your behalf and ways you can avoid claims denials.

40% of small businesses close their doors following a disaster and never reopen. Natural and manmade disasters can stop your business operations in a flash. It’s best not to leave your organization in a state of emergency. Preparation means making sure you’re covered when the unexpected arises. See how a business interruption policy covers your lost income during a disaster and how it fits with your overall business insurance solutions.

The cannabis industry is blooming. Market-watchers expect to see double digit sales growth every year through 2022, despite frequent changes in the regulations that govern this rapidly evolving industry. To protect their investments and keep making the bold moves needed to reap the rewards in this high growth industry, cannabis business operators at every step in the supply chain need to be proactive when it comes to managing risk. And that starts with the right insurance coverage.

In a ransomware attack, a hacker penetrates an organization’s network and holds its data hostage until a specified ransom is paid. Hackers don’t discriminate based on business size or industry—any organization that stores its data on a network is at risk. You can protect your business with five best practices.

Due to the evolving sophistication of criminals, security breaches continue to occur on a regular basis. Banks have already been responding to regulator concerns about cybersecurity risks and the potential liabilities and penalties that could result from failure to have an adequate cybersecurity program. If a cyber breach happens, banks will need to show that they took reasonable care to safeguard their customers’ and employees’ personal information.

Massachusetts Governor Charlie Baker recently signed House Bill 4806, amending the state’s data breach notification law. In relevant part, the amendment expands the information that must be reported to Massachusetts regulators in connection with a data breach involving the personal information of Massachusetts residents, imposes new requirements on compromised entities, and adds some clarification to when entities are required to issue notice of a breach.

Prevention matters, and knowledge is the key to prevention. By understanding exactly what identity theft is, how it happens, and how it affects you, you will be better able to prevent and, if necessary, resolve identity theft. Learn more about identity protection and some simple steps you can take to further reduce your susceptibility.