Year: 2016

Does your business need cyber liability coverage?

More often than not the answer is YES! Cyber and privacy policies cover a business' liability for a data breach in which the firm's customers' personal information, such as Social Security or credit card numbers, is exposed or stolen by a hacker or other criminal who has gained access to the firm's electronic network. The policies cover a variety of expenses associated with data breaches,... Read Article

Fidelity Bonds

Employee Dishonesty Bonds—also known as Crime Bonds—are used by business owners to guarantee money, securities, and property against loss caused by employee dishonesty such as embezzlement. While called bonds, these obligations to protect an employer from employee-dishonesty losses are really insurance policies. These insurance policies protect from losses of company monies, securities, and other property from employees who have a manifest intent to cause the company loss.... Read Article