News

Understanding the Cost of Commercial Flood Insurance

Posted by on Jul 28, 2016 in News | 0 comments

Understanding the Cost of Commercial Flood Insurance

Property owners of both residential and commercial units purchased more than $3.5 billion in flood policies last year through the National Flood Insurance Program (NFIP). The reason? More lenders may be requiring flood insurance—and yours could ask for it, too.

Insuring your home or commercial building against flood risk is important, but it is also important to understand its cost. One way to ensure cost-control is with an error-free elevation certificate, says Michael Allison, president of AmeriFlood Solutions, Inc. (more…)

Demystifying Management Liability

Posted by on Jul 21, 2016 in News | 0 comments

Demystifying Management Liability

Management liability threats can be mysterious for business leaders in private companies. Few understand the breadth of liabilities, their personal risk, and the remedies or protections. Our partner, Travelers helps businesses understand and demystify Directors & Officers Liability coverage.

Risk Management Solutions for the Technology Industry [Video]

Posted by on Jul 8, 2016 in News | 0 comments

Risk Management Solutions for the Technology Industry [Video]

Mike Thoma, Chief Underwriting Officer for Travelers Technology, shares insights on insuring large technology companies. For more than 30 years, our partner, Travelers has served the technology industry, offering broad risk management solutions for a range of telecommunications, information technology, medical technology, and electronics manufacturing companies.

Is Your Business Prepared for Hurricane Season?

Posted by on Jun 30, 2016 in News | 0 comments

Is Your Business Prepared for Hurricane Season?

Everyone thinks about their personal safety and homes during hurricane season but what about your business? As we all know, the best time to respond to a disaster is before it happens. By preparing ahead of time, you can help avoid disruption hurricane-related disruption of your business. Hurricane survival and recovery planning is sound business practice – and for some it’s the law!

The American Society of Safety Engineers (ASSE) recommends these five basic steps: (more…)

Summer Work Safety Tips for the Outdoor Worker

Posted by on Jun 24, 2016 in News | 0 comments

Summer Work Safety Tips for the Outdoor Worker

It’s so important to take precautions as an outdoor worker during the summer months against sun and heat exposure and bug bites. We are always on the look out to help recommend safer conditions for your company and employees.

Here are a few summer safety tips to help you maintain a productive and safe work environment this summer:

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Top 5 Cyber Attack Risks for Your Business

Posted by on Jun 9, 2016 in News | 0 comments

Top 5 Cyber Attack Risks for Your Business

Cyber attacks continue to grow, with cyber thieves in pursuit of personally identifiable data that can be sold on the black market. According to the 2015 Symantec Internet Security Threat report, the past year saw a 23% increase in the number of data breaches.

Here are some of the top cyber risks and what they may mean for your business, regardless of size: (more…)

Does your business need Cyber Liability or Data Breach Insurance?

Posted by on May 16, 2016 in News | 0 comments

When a data breach occurs, quick action is important to help restore the public’s confidence if you’re a business victimized by a cyber-attack. Cyber liability insurance and data breach insurance from our partner, The Hartford helps cover costs like notification, identity protection solutions, public relations, legal, liability and more depending on the coverage you choose. Harned Insurance can help you find the cyber security coverage that is right for your company.

To mitigate the risk of civil litigation and other penalties when a data loss or theft occurs, a cyber liability or data breach insurance policy can provide access to professional assistance to help businesses comply with applicable laws and regulations. (more…)

Risks Technology Companies Face Today

Posted by on Apr 8, 2016 in News | 0 comments

Risks Technology Companies Face Today

When it comes to technology innovation, the only thing holding technology companies back should be imagination, not insurance. At Harned Insurance we understand the range of risks technology companies face today, and we’re ready for what tomorrow may bring.

Having an insurance carrier that shares this pioneering spirit can be a significant business advantage. Our partner, Travelers has been a leading insurer of technology businesses for more than 30 years. They understand the unexpected risks these companies face and have the insurance solutions that can help them get ahead of those risks. And when they do – by anticipating and preparing for them – they can keep innovating and growing. The rapid pace of change requires the ability to innovate without worry. (more…)

Cyber Criminals Targeting Business Mobile Devices

Posted by on Mar 10, 2016 in News | 0 comments

Cyber Criminals Targeting Business Mobile Devices

Cyber criminals are targeting mobile devices in growing numbers – especially those associated with business accounts. To protect the sensitive data on your devices, it’s important to remain vigilant, even if your financial institution implements preventative measures on your behalf.

“Banks use sophisticated safeguards to protect customer information, and it’s important for consumers to take certain safety measures too,” says Doug Johnson, senior vice president of Payments and Cybersecurity Policy at the American Bankers Association (ABA). “Remember that your smartphone or tablet is like a little computer, and any device used to connect to the Internet needs to be protected.”

Johnson recommends the following 12 steps to ensure your data remain out of the hands of cyber criminals: (more…)

Employees Seek Broad Menu of Benefits

Posted by on Mar 4, 2016 in News | 0 comments

Employees Seek Broad Menu of Benefits

You’ve probably heard the popular adage that “there’s no such thing as a free lunch,” underscoring the idea that it is impossible to get something for nothing. Yet most Americans wouldn’t want a free lunch anyway, recent research shows.

Only one in five (18 percent) American workers prefer free lunches as one of their top three employee benefits of choice, according to the 2015 MassMutual Generations@Work Study. Instead, 47 percent of workers age 18 and older prefer more vacation time, 44 percent opt for better 401(k) matches, and 40 percent like free health care coverage, according to the study.

What benefits workers prefer largely depends upon their gender and generation, the study finds, complicating benefit decisions for employers. (more…)