Insurance is complicated, and there are many misconceptions about coverage that could leave policyholders uninsured or underinsured. Insurance advisors can serve as a great resource to explain the benefits, restrictions, and exclusions of policies to their clients. In this Q&A, common questions around insurance coverages and misconceptions are addressed to help reduce clients’ risk exposure.
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Cyber criminals are increasingly turning their focus on family offices—the "target-rich-zone"—to steal a great deal of valuable information and money. It's also an easy target since there are minimal security measures to stop them. Family offices can protect themselves against the attacks by implementing a Threat-Based Cybersecurity program and addressing the top 12 cybersecurity challenges.
Companies in the cannabis industry and individuals working in cannabis-related businesses have sought to turn to the federal bankruptcy courts for relief when they became insolvent. While federal bankruptcy courts have taken jurisdiction for bankruptcies of companies focused on federally legal, industrial hemp, the United States Trustee Program has repeatedly challenged the ability of companies focused on medical or adult use cannabis.
Even if you do not live in a flood plain, the potential for flooding can happen anywhere in the country. Flooding is the most common natural disaster in the U.S. and occurs in every state and territory. Preparation is a must to prevent flooding loss.
In the absence of nationwide directives from the federal government on how businesses should operate during the COVID-19 pandemic, states and municipalities have been issuing numerous orders—with variations big and small—detailing the scope of restrictions in place in each jurisdiction. Although businesses in the cannabis industry are used to complying with a patchwork of differing directives from state and local governments, it is important they take additional steps in order to mitigate their risk of suffering negative impacts from COVID-19.
As businesses navigate their way through the COVID-19 landscape that includes knowing how to handle complex legal and operational decisions, this roadmap provides details on effective dates and analysis of essential or critical businesses, as well as details the impact of emergency orders across numerous industries.
The recent wave of protests and civil unrest that has roiled the nation has, in some cases, led to dangerous conditions in major American cities. Damage to business offices, stores, and restaurants has been widespread. Unlike their recent experiences with COVID-19-related claims in which insurers issued blanket denials, business owners are likely to receive insurance reimbursements for losses sustained during the protests.
As anticipated at the onset of the COVID-19 pandemic, there has been a significant uptick in cyber fraud. Cyber criminals are opportunistic and taking advantage of companies at their most vulnerable. This is a result of unique risk factors that have been heightened with the rapid shift to remote working arrangements. In this webinar with accompanying slides, we discuss the steps that can be taken to mitigate the cyber threats and protect your organization during and after the COVID-19 pandemic. Select the 'download file' to view the accompanying slides.
As social distancing measures abate—and ahead of a possible second wave of coronavirus cases—organizations will need to de-risk the enterprise and adapt operations to a “new normal.” This will require a thorough evaluation of pandemic-driven IT and cybersecurity changes, some of which were rapidly put in place during the response phase of the pandemic, followed by strategic adjustments of enterprise architectures, cybersecurity controls, and business processes based on long-term operating strategies. In the post-COVID-19 world, 10 areas will require attention.
With growing amount of data breaches and stepped-up cybersecurity concerns related to COVID-19, along with increasing data privacy regulations, companies must drive awareness throughout their organizations and take advantage of benchmarking opportunities to properly deploy generally limited resources.