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Biometric Data Use Expands: How to Protect Consumer Privacy, Prevent Lawsuits
More companies in the U.S. and Canada are incorporating the use of biometric data into their operations, raising unease for some consumers, and prompting a number of class-action lawsuits over information that may be collected improperly. Airports are among the latest industries to join the trend, with CBC News recently reporting on airlines like Air Canada and various airports implementing…
Video: Telehealth Risk Exposures
During this webinar, our own Evan Miller provided updates on the telehealth industry and its impact on the Healthcare Insurance Industry. Watch a highlight from the discussion below. https://vimeo.com/925430805/03d4b0eabf?share=copy
Video: Telehealth Industry Update
During this webinar, our own Karl Olson provided updates on the telehealth industry and its impact on the Healthcare Insurance Industry. Watch a highlight from the discussion below. https://vimeo.com/925430168/fff70592ee?share=copy
Webinar: Telehealth & The Healthcare Insurance Industry
During this webinar, our experts gathered for a discussion on how telehealth has impacted healthcare over the last few years and how the medical professional liability market has changed to address it. Watch as they explore the current challenges and provide tips for brokers and agents on how to be successful in providing solutions for their clients. https://vimeo.com/923704547/66c21256f4
Patient Safety Concerns Intensify as Med Spa Industry Booms
Experts are sounding the alarm over the risk of infections and other negative outcomes that patients could face after receiving treatments at medical spas, or med spas, which have boomed in popularity in recent years. According to a recent NBC News report, physicians are seeing more adverse reactions linked to the facilities and there are growing concerns over the clinics…
Business Travelers Not Taking Cybersecurity Precautions, Survey Finds
Business travelers using unsecured networks and personal devices while away from the office could be putting their companies at greater risk for cybercrime, new data suggests. According to a World Travel Protection survey, just 36% of American companies require two-factor authentication on employees’ devices, 32% use antivirus software, and 30% have their employees use a virtual private network, or VPN,…
P&C Report: 2024 Forecast
Many of the primary factors that influenced the status of the Property & Casualty (P&C) market in 2023 are likely to remain in 2024. We continue to operate in a comparatively hard environment marked by rising but moderating rates on some lines of business, where it is often necessary to layer available capacity that includes carefully worded terms and conditions…
‘DNA Relatives’ Data Exposed: 6.9 Million Impacted By 23andMe Breach
Family members\' names, birth years, relationship labels, shared DNA information and more were recently exposed in a data breach against genetic testing company 23andMe in an attack that impacted 6.9 million individuals. While the biotech firm explained in an announcement that less than 0.1% of user accounts were accessed in the October breach, this gave hackers access to about 5.5…
Ask the Expert Q&A: Healthcare Insurance
Increasing demand for aging services and a boom in medispas are among the changes currently happening in the ever-evolving healthcare industry. To learn more about industry risks and Healthcare Insurance solutions, we spoke with Lily Chetosky, Broker, Professional Liability, Burns & Wilcox, Chicago, Illinois. What are some of the greatest risks in healthcare today? L.C.: There are a lot of…
Iowa Nursing Home Fined After Repeated Violations for Care Issues
Medication errors, theft from residents, failure to treat pressure sores and other hazards are among the claims being made against a nursing home in Mount Pleasant, Iowa, as it faces $49,000 in possible fines for 20 state and federal violations. According to reports, the 62-bed Arbor Court nursing home has had repeated violations over the past 21 months, including 66…
Cyber & Privacy Liability Insurance Market Overview
Organizations face a multitude of risks at any given time, yet the top cause of stress for business leaders, for the third time in four years, remained cyber risks. Given mounting concerns, the demand for risk mitigation efforts and Cyber & Privacy Insurance policies have drastically increased. While security tools and training have become much more advanced in their effectiveness,…
Survey Shows 50% of Businesses Are Not Prepared to Face Rising Cyber Risks
The risk of a cyberattack is a leading concern for a majority of business owners, yet many have not taken some of the key steps needed to prevent or respond to a cyber incident, according to a new survey of business leaders. The Travelers Risk Index, an annual report that studied more than 1,200 business decision-makers, found that cyber risks…
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