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Author Archives: Mike Smith

Can an Employee Legally Be Fired for Opioid Issues? (Axis)

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Steps Management Can Take to Reduce Costly Employee Errors

Most employee errors are simple work-related mistakes that can be easily fixed. However, without the proper precautions in place some seemingly-innocent employee errors can lead to costly consequences. A minuscule error such as a typo in a contract or a program’s code or a missing signature on a document can turn out to have dramatic financial repercussions for a business if left unchecked.

Many employee errors are considered the result …

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Reducing E&O Liabilities for IT Businesses

IT consultants are hired to analyze, repair or create IT systems and structures for other businesses or organizations. They are even commonly tasked with more specific things such as writing code, installing programs and setting up hardware. Essentially, IT businesses focus on protecting other businesses from technological problems so that they can run smoothly. As business technology changes and evolves, IT consultants are taking on more and more responsibilities, which …

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How Your Company’s Website Could Be an E&O Exposure

A company website is an important aspect of a business’s online presence. Your business’s website is often the first impression your company gives to potential customers. It should be clear, clean, easy-to-navigate and contain enough information to answer common customer and potential customer questions and leave visitors with a good grasp of what your company is about.

In contrast, a website – even one that looks great – can actually …

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Cyber Liability: Small Businesses Increasingly Targeted by Hackers

Cyber Liability Small Businesses Increasingly Targeted by HackersSmall businesses are increasingly the target of hackers. In fact, according to figures by a major insurance carrier, in 2014, 60% of all online attacks targeted small and mid-size businesses. The reason: Limited security budgets, outdated security and lax employees, which can leave holes easily exploited by ever-more-sophisticated digital criminals.

Indeed, according to many experts in the cyber security field, smaller companies are easier to hack, as they don’t have …

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Are There Holes in Your Cyber Insurance Coverage?

Are There Holes in Your Cyber Insurance CoverageIncreasingly more firms are realizing the true value of Cyber Liability insurance to address their exposures to computer fraud or attacks. This goes beyond just large corporations who rank cyber among the top risks they face today. Small and mid-sized businesses in fact are now beginning to understand the extent of their risk and how a cyber incident can not only affect their bottom line but also their reputation among …

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Employment Practices: Pay Close Attention to California’s New Fair Pay Act

Employment Practices Pay Close Attention to California’s New Fair Pay ActCalifornia’s new Fair Pay Act, in effect as of January 1, 2016, requires equal pay, regardless of gender, for employees performing “substantially similar” work – not just “equal” work, as previously was the case. The requirement also extends to different locations run by the same company, not just “the same establishment,” as under the earlier law. In addition, the law protects employees from retaliation if they seek information on wages …

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Reducing Legal Malpractice Claims

Reducing Legal Malpractice ClaimsAttorneys are on the frontline of lawsuits defending clients against allegations of malpractice or errors and omissions related to the performance and delivery of work. Equally, attorneys can also find themselves sitting in the defendant’s chair when an unhappy client turns the table on them and sues for legal malpractice.

Yet, when a legal malpractice claims is made, often they can be resolved early on. The key is not to …

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Purchasing Fiduciary Liability Insurance in Today’s Market

Purchasing Fiduciary Liability Insurance in Today’s MarketA Fiduciary Liability insurance policy is designed to protect the personal assets of company fiduciaries (trustees, benefits administrators) in addition to the financial assets of the company and employee benefit plans against lawsuits alleging plan mismanagement, and improper investing, insufficient funding, among others. But today’s policies go well beyond breaches of fiduciary duty and administrative errors and omissions; they have been crafted to address the complex and ever-evolving modern risks …

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EPLI Issue Highlighted As Former USC Coach Sues for Discrimination, Wrongful Termination

 the Family Medical Leave Act (FMLA) does not permit an employer to terminate an employee for extended absencesJust recently the University of Southern California (USC) made headline news when it was announced that former head football coach Steve Sarkisian is suing the school for more than $12 million, putting an important employment practices issue front and center. Sarkisian was fired in October for drinking on the job. He claims USC discriminated against him because he has an alcohol problem, which is considered a disability.

Under the American …

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