With the number and severity of cyber-attacks increasing over the past few years, most insurance companies are now asking for certain cybersecurity measures to be implemented for businesses to qualify for Cyber insurance at all. These measures include Multi-Factor Authentication and Data Backup. As a result, we have seen an increase in PSA clients asking […]
Computers, satellites, and GPSs have been life-altering technologies developed throughout the past 60 years. Combining the power of these three advancements creates telematics, which can improve your fleet safety management process while saving you money.
Background The United States is currently experiencing one of the largest transfers of wealth in history as aging baby boomers are passing on their wealth and transitioning the ownership of their businesses. The increasing number of these transactions has caused an uptick in the number of claims made against trust and estate attorneys.
Cyber risk is real and evolving. In today’s interconnected digital world, all businesses that use technology and handle sensitive data are exposed to cyber risks. According to the 2019 Verizon Data Breach Investigations report, 56% of breaches took months or longer to discover. The 2020 Verizon report finds that Phishing was the top threat behind […]
Remember when we said that cybersecurity risks are important to pay attention to? 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 […]
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.
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 […]
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 […]
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 will likely need an Emergency Response Team for your company. […]
