5 Medical Malpractice Insurance Myths
Posted: June 19, 2022
5 Medical Malpractice Insurance MythsIf you are practicing medicine, malpractice insurance is a must. Myths and misunderstandings surrounding professional liability insurance for doctors make the subject more complicated than it is. Here are some common medical malpractice insurance myths, followed by the facts: You Cannot Be Sued for More Than Your Policy Limits This statement is false. You are the one being sued for malpractice. If a jury awards...
Is Your Small Business Recession Proof?
Posted: June 4, 2022
Is Your Small Business Recession Proof?The time to recession-proof your business is before the economy starts to downturn. Later may be too late to turn the ship around. Careful planning and taking specific steps now can help you prepare your small business for future downturns and marketplace changes. Get a Handle on Your Cash Flow Many businesses fail because of problems with cash flow. It is important to know your...
Celebrating Pride Month
Posted: June 1, 2022
Celebrating Pride MonthLGBTQ Pride Month is celebrated every year in June. This tradition began in honor of the 1969 Stonewall Uprising in Manhattan, a tipping point for the Gay Liberation Movement in the U.S. It was originally celebrated as Gay Pride Day on the last Sunday in June. However, the day grew to encompass a month-long series of events in major cities across the country. Pride celebrations,...
Common Types of Surety Bonds & How They Work
Posted: May 19, 2022
Common Types of Surety Bonds & How They WorkA surety bond is a contract that ensures specific obligations are met. These bonds are often required for contractors working on government contracts. They are performance-based. A surety bond is a guarantee between three parties. The parties in a surety bond are: The Principal: The individual who is required to have a surety bond. The Obligee: The individual requesting the bond. The Surety Company: The...
Cyber Insurance - Financial Risk Transfer for digital threats
Posted: May 4, 2022
With escalating cyber activity and ransomware over the past several years, it is now harder to get cyber insurance. Insurance companies require certain minimum controls and processes are in place in order to issue or renew a policy. In this previously live/recorded panel discussion, our panel explored how Insurance companies evaluate your security posture, what controls and processes are required and provide guidance to have...