Category Archives: Latest News

Awareness: An Important Step To Protecting Your Business

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No matter what your business is it is important to keep yourself, employees and those working (inside and outside) your organization informed of safety issues. We had a client come to us for help with a very large residential portfolio. Most of the buildings were located in New York and were garden style brick apartments. […]

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Do you really know your D&O coverage?

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Whether your organization is a publicly held company, private company or nonprofit it is vitally important to have a thorough understanding of the corporate charter and its indemnification of corporate officers and directors and how the directors and officers’ (D&O) insurance policy protect their interests and that of the entity. Not all policies are the […]

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Risk Tip: Review insurance policies for consistency

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Insurance policy provisions should be uniform as to named insured, notice and cancellation clauses, territory, etc. Comment: All too often when reviewing policies we find that named insured’s do not match up from one policy to the next, notice and cancellation clauses are not uniform and on and on. We have reviewed thousands of policies […]

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The Data Breach Outbreak: Are you prepared?

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I’ve heard it said that data is the new currency. Last week, Dairy Queen reported that its in-store payment system had been compromised by malware. And last month, Home Depot had 56 million customer credit cards compromised in a data breach that lasted five months. Sears, Dairy Queen and Home Depot join such other national […]

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Risk Tip: Strategy to identifying business interruption exposures

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Use flow charts to identify sole source suppliers or other contingent business interruption exposures Comment: Assessing business income exposures is not always easy. So consider how helpful it would be to draw a map or create a chart of how goods and services flow. That way you can visualize your supply chain. Ask yourself, what in […]

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Risk Tip: 2 important tenets of risk management

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Don’t risk more than you can afford to lose…& don’t risk a lot for a little. Comment: These two are both basics – the first refers to the idea that if you don’t have enough money to pay for the exposure to loss (risk) out of your pocket/balance sheet, then insure for the risk, transfer […]

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Risk Tip: How to tailor a risk management program

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An organization’s risk management (insurance) program must be tailored to its overall objectives and should change when those objectives change. Comment: An insurance broker/advisor cannot recommend insurance products and services without knowing what the client actually does, how they do it and what is important to them with regard to their insurance program. Once it […]

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New Guidelines On Pregnancy Discrimination & Related Issues

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PRESS RELEASE 7-14-14 Equal Employment Opportunity Commission (EEOC) Issues Updated Enforcement Guidance On Pregnancy Discrimination And Related Issues Fact Sheet for Small Businesses and Question and Answer Document Also Released WASHINGTON — The U.S. Equal Employment Opportunity Commission (EEOC) today issued Enforcement Guidance on Pregnancy Discrimination and Related Issues, along with a question and answer […]

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Decisions, Decisions, Decisions…are you capable of making them?

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In a recent Harvard Business Review post by Nick Tasler 3 Myths That Kill Strategic Planning, he shares that the most “precious ability” a great leader has is his or her ability to make decisions based on strategic thinking. He uses a Napoleon quote to make his point: “Nothing is more difficult, and therefore more […]

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You Never Know Who is Looking Over Your Shoulder

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Recently there was an article about a security chief who was alleging wrongdoing against the company he worked for. He accused the company of not doing all it could do to protect client information. The accusation was that they performed only 27% of the minimum intrusion prevention, data leakage and encryption, and other security measures […]

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