Wednesday, March 9, 2016What can be done about Data Breach or a Cyber Attach? Prevention is always the best medicine: 1. Training employees on the proper methods for handling the devices, passwords and how to use the internet and cloud. 2. Keeping current with operating systems and application software updates READ MORE >>
Wednesday, March 9, 2016How Does a Data Breach or Cyber Attack happen? Many data breaches are not very high tech: 1. With the use of tablets, laptops, smart phones, and thumb/flash drives by much organization, simply losing or having these devices stolen can open up your entire treasure trove of protected data. READ MORE >>
Wednesday, March 9, 2016The Problem with Cyber Liability & Data Breach: Wouldn’t be nice to go back to the good old days where all of your firm’s information was within the four walls of your office or warehouse. You could protect it from the outside world with locks, keys, and guard dogs. READ MORE >>
Tuesday, March 8, 2016All policies have provisions for timely notification. Some state as soon as practical, others state a specific time period. All require notification of events prior to policy expiration or renewal. Best source is to read your policy as to timing requirements. READ MORE >>
Sunday, March 6, 2016 Average loss caused by employee dishonesty is $140,000 with one in 5 cases over $1 million. Background checks are of little help, most frauds are committed by 1st time offenders Firms now rely on internet many to READ MORE >>
Friday, March 4, 2016This tip brought to you with the permission of Attorney Protective. While intentions are usually good, procedures can be forgotten when the pace picks up at the office. Routine audits can help assure that procedures are consistently followed. Another tool that can aid consistency is an intake checklist that everyone follows. READ MORE >>
Thursday, March 3, 2016There is a major key difference between claims-made vs occurrence insurance policies. Most professional liability policies (including all accountant and lawyer policies sold in the United States) are ‘claims-made’ or ‘claims-made and reported’. READ MORE >>
Tuesday, October 27, 2015Most professional liability insurance policies have a Retro Active date or Prior Acts date, few have Full Prior Acts or FPA. Full Prior acts is a type of claims-made liability policy that does not contain a retroactive date and therefore covers claims arising from acts that took place at any time prior — regardless of how far in the past. READ MORE >>
Wednesday, August 28, 2013NY State Bar Says Law Firms May Not List Specialties on their Linkedin Profile First, I’d like to thank each and every one of my LinkedIn connections who have generously endorsed my "skills and expertise" in the areas of professional liability insurance and risk management. READ MORE >>
Monday, August 19, 2013Exploring Your Options for Lawyers' Malpractice Insurance? Make sure you compare the coverage – and not just the price. When shopping for Lawyers Professional Liability insurance, or any other type of Errors & Omissions coverage, premium is an important consideration. READ MORE >>
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