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Commercial Insurance

Some Good News on Cyber Liability Insurance: Ransomware Coverage Remains Available

By Commercial Insurance, Construction, Real Estate

If you’re looking for good news amid the ever-increasing threat of cyber attack, escalating ransomware demands and Cyber Liability Insurance rate hikes, here it is: Despite all the bad news, ransomware coverage is still available to most businesses through major insurance carriers. This was hardly a given. As homeowners in…

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Benefits Compliance Update: 2022 Reporting Requirements

By Commercial Insurance, Construction, Real Estate

As a business owner or human resource professional, you’ve been through two years of pandemic-related regulations, adaptations and frustrations. Over the past couple of months, you’ve managed open enrollment for employee benefits amid a resurgent wave of COVID-19 infections and HR legislation, all while assisting colleagues with their demands and stresses — pandemic-related and otherwise. Now a new…

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Cyber Risk in the Manufacturing Industry: What You Need to Know

By Commercial Insurance, Construction, Real Estate

Cyber security continues to be of critical concern for the manufacturing industry in particular. According to the NTT Global Threat Intelligence Report for 2021, it is the second-most targeted industry, with only financial institutions seeing a higher frequency of cyber attacks. The same report reveals a staggering 300% increase in…

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Typical Lifecycle of Your Cyber Claim

By Telecom & Technology

If you have experienced an incident affecting your systems, or an incident with IT service providers and other vendors affecting your operations, waiting for the insurance claims process to complete can feel like forever. Timelines may differ between insurers or claims, and the process can go faster in some cases…

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Greg Reddock

Captive Insurance: Greg Reddock’s Take

By Commercial Insurance

Is your insurance company holding your dealership captive? Greg Reddock can help! As a senior vice president at Foa & Son, Greg advises a diverse portfolio of clients on their risk management and insurance needs, including many prominent firms in automotive, real estate, construction, distribution, and manufacturing. In this infographic,…

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