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Blog

Posted: December 11, 2017

Professional Liabilities During the HolidaysThe holidays are a busy time for everyone. Between buying gifts for your friends and family, planning vacations, decorating your home, having and attending parties, and hosting houseguests, many people are likely very stressed during the month of December. In addition to the pressure of trying to get work completed in the midst of the additional responsibilities of the season, there are several workplace liabilities that appear or increase in



Tags: Employment Practices Errors & Omissions errors and omissions holidays professional liability

Posted: November 27, 2017

Computer Security Day Is Coming Up: Protect Your Business From Cyber AttacksOn November 30th, we will celebrate the international holiday Computer Security Day. The day was created in 1988, when computers started to become ubiquitous in business and in people’s personal lives. Since then, the day has served as a reminder to be aware of computer security and to protect against cyber risks. There are multiple things that you can do at your business during this day in order to protect



Tags: Computer Security Day cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security

Posted: October 30, 2017

Top Cyber Liabilities For Businesses

As technology has evolved, so have the ways in which it can be exploited. As October is National Cyber Security Awareness month, it’s important that every business take a look at their current cyber practices and the new trends in technology in order to be aware of potential sources for cyber attacks and to protect themselves accordingly. In addition to having Cyber Liability insurance to cover them in the event



Tags: cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security Cyber Security Hacking errors and omissions Insurance Phishing Threats ransomware social engineering

Posted: September 26, 2017

Common Employment Practices Liabilities in the Hiring ProcessThe hiring process can be wonderful for employers, but while it is exciting to add new talent to the team, the process can be dangerous if you are not careful. Just as applicants are expected to obey certain codes of conduct when applying for jobs, employers need to mind their behavior as well, though it’s not just  about etiquette: there are many legal restrictions on the hiring process, and disobeying



Tags: Employment Practices Employment Practices Liability Employment Practices Liability insurance Employment Practices Liability Insurance for Businesses EPL EPL insurance EPLI Errors & Omissions Hiring Process

Posted: July 28, 2017

Artificial Intelligence in the Workplace and Cyber Security ConcernsMany of you have probably used some form of artificial intelligence in your day-to-day lives, whether it is using Amazon’s Echo or Apple’s Siri to gain information or Tesla’s Autopilot feature on the road. Artificial intelligence isn’t just growing in our everyday lives; many businesses today are starting to implement artificial intelligence and machine learning into their workplaces to perform certain duties, increase productivity, and take some of the strain



Tags: Axis Insurance Services cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security

Posted: June 12, 2017

Cyber Crime: WannaCry Screams the Need to Protect Against RansomwareRansomware as a threat has been on the scene for a while, but it’s increasingly rising and widespread. Take a look at WannaCry, the recent ransomware that affected more than 200,000 computer systems in more than 150 countries and crippled transportation and hospitals globally. The majority affected were Windows-based computers that were not updated with a recently available and easily deployed patch.

Ransomware is a type of malware that, upon



Tags: Axis Insurance Services cyber Cyber attack Cyber Attacks Cyber Crime Cyber Insurance Cyber Liability cyber liability insurance cyber risk cyber security data breach Data Breaches ransomware WannaCry

Posted: May 31, 2017

Minimize Workplace Sexual Harassment Claims, Avoid LiabilityThe issue of sexual harassment has been a topic of discussion most recently in the news in the wake of allegations made against former Fox News host Bill O’Reilly and resulting payment settlements by the network’s parent company, negative comments made by the director at a Bay Area Veteran Affairs clinic in San Francisco when responding to workplace harassment allegations made by his staff, and various legal pundits weighing in



Tags: Employee Harassment Employment Practices Liability Employment Practices Liability insurance Employment Practices Liability Insurance (EPLI) EPLI liability sexual harassment Workplace Harassment

Posted: April 28, 2017

Reviewing Provider Fees and Services Integral to Fiduciary’s ResponsibilityLast year it came to light that several prominent universities, including MIT, Yale, NYU, and Emory, were facing lawsuits by their employees alleging their retirement programs were being slammed with excessive fees along with other fiduciary breaches. Knowing that a plan is being reasonably priced is a vital fiduciary duty, whether you are providing employees with a 401(k)-type plan or a benefit plan under the Employee Retirement Income Security …



Tags: Axis Insurance Services fiduciary breaches fiduciary capacity Fiduciary Liability Insurance Fiduciary Liability insurance program

Posted: March 2, 2017

What Does New York’s New Cyber Rules Mean for Banks, InsurersNew York became the first state in the U.S. to implement cyber security regulations, which began rolling out on a staggered basis, over a two-year period, as of March 1. The New York Department of Financial Services will require banks and insurance companies to vouch for their resilience to cyber attacks. The rules, in the works since 2014, followed a series of high-profile data breaches that resulted in losses of …



Tags: Axis Insurance Services cyber liability insurance Cyber Liability insurance programs cyber security Privacy & Network Security/Cyber Liability insurance program

Posted: February 6, 2017

Cyber Trends for 2017 Are You Prepared

Last year, executives, consumers, and even the election were hit by data leaks, malware, phishing attacks, and ransomware. In fact, according to Carbonite, an online backup service, almost one in five small business owners say their company has had a loss of data in the past year. Carbonite and other industry experts expect this number to grow this year, particularly for small businesses that lack the resources of …



Tags: 2017 Cyber Insurance Cyber Liability cyber liability insurance Cyber Trends Cyber Trends 2017
Posted in: Cyber Liability

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