Posts in Commercial Insurance

  1. COVID-19: 5 Cybersecurity Risks You Need to Consider

    Remember when we said that cybersecurity is important? Well, now is the time to listen. As you are probably reading this from your basement, kitchen table, or makeshift office I don’t need to tell you that COVID-19 has changed the way we work literally overnight. Not only do many of us have new, louder, messier […]

  2. Coronavirus and Insurance

    As of late, all risk management professionals have been engaging in challenging conversations with their clients. The unfortunate truth is that the insurance industry never anticipated a major outbreak like the Coronavirus, and therefore, has not drafted any policy to provide specific coverage for this scenario. We are in uncharted territory. At the moment, it […]

  3. Workers Compensation Claims and COVID-1

    While so much of the economic impact to businesses stemming from the Coronavirus is seemingly uncovered by insurance policies, there are conditions under which employers may feel some relief. Workers Compensation is the area where we may see some coverage for a directly infected employee, if it can be proven the infection was contracted in […]

  4. How to Prevent or Reduce Theft in Your Organization

    With many businesses closing or switching to remote work due to current events, many buildings and storage yards are unattended. Aside from installing or reactivating central station monitored alarm systems, here are ways you can keep your business safe from theft.

  5. Business Interruption Claim: What You Need to Know

    Lots of questions A number of clients have been in conversation with us to inquire whether or not economic loss caused by disruptions tied to Covid-19 would be covered under their Business Interruption policy. Here is an outline of what you need to know. Policy Stipulations Unfortunately, these policies were designed by carriers to replace […]

  6. Is Your Business Covered for Pandemics Like Coronavirus Disease 2019 (Covid-19)?

    There’s justifiably a lot of fear and concern swirling around the news of a fast-spreading contagion—COVID-19, also commonly referred to as Coronavirus. Not only can this new contagion purportedly have a long incubation period without symptoms, there are still unknowns related to means of transmission and a lack of reliable data as to infection rates […]

  7. Protect and Fortify Your Manufacturing Business in Light of the U.S. Economic Forecast

    PSA recently hosted a seminar and panel discussion in partnership with the Regional Manufacturing Institute of Maryland (RMI) at which expert economist Anirban Basu discussed the future of Maryland manufacturing as it relates to the state of the U.S. economy. In 2019, and against all odds, the U.S. economy experienced low inflation levels and low […]

  8. Shining Light on the Dark Web – Cyber Risk Management Strategies to Minimize Impact on Your Business

    There’s a suspicious-looking person in a trench coat typing away at a keyboard in a dark room. Are they stealing data? Selling drugs? Hiring hitmen for a job? This is what we think of when we hear the term dark web. In a recent webinar I hosted with Emily Wilson, VP of Research at Terbium […]

  9. Is Your Company Prepared for a Medical Emergency? Create an Emergency Response Team.

    Did you know, your business—whether based in an office or at a construction site—must comply with certain federal requirements for first aid and emergency medical treatment? What many people don’t realize is that having a first aid kit and calling 9-1-1 are not enough. You likely need an Emergency Response Team for your company. Here’s […]