Ransomware has become a substantial business risk in 2021. Major attacks have been disrupting businesses, from pipelines to meat packaging. No matter the size or industry, companies need to think about steps to take to secure themselves against cyber criminals. Some of the key actions that businesses can take include: Implementing a security awareness program …
How Flood Insurance is Changing
Here in Northwest Arkansas, we always have the potential to experience a lot of rain in a short amount of time. Heavy downpours bring threats of flash floods and storm-related power outages. Because of these threats, you need to make sure your Flood Insurance is intact and up to date. And there may be some …
Travel Insurance Demand is Skyrocketing
You’ve booked your business appointments. You’ve found the best deals on your hotel booking app. You’ve gotten a new passport size photo to update your travel documents. You may have even searched for “resorts near me” on Google. Now there’s a new must-have item to add to your travel checklist: travel insurance. According to Reuters, …
Suez Canal Crisis Highlights the Importance of Business Interruption and Supply Chain Insurance
Experts say the impact of the Suez Canal crisis on companies around the world could last for weeks. The crisis highlights the importance of specialty insurance products like business interruption insurance and supply chain insurance. The 1,300-foot-long, 220,000-ton Ever Given ran aground on March 23, 2021, after losing the ability to steer amid high winds …
How to Store Your Business Insurance Documents Safely Online
“Now, where did we put those documents?” This is probably a question that has crossed your mind in the course of doing business. In the case of insurance documents, the answer becomes critical when something goes wrong. Having quick access to your business insurance documents can sometimes be essential to helping you get your claims …
Insurance Questions and Answers for Small Business Owners
If you’re a small business owner, your business and personal assets need protection from the unexpected costs of running a business. These include accidents, natural disasters, and lawsuits. In some cases, the law requires you to have insurance. The US Small Business Administration has put together a guide to insurance for small business owners. Here are some …