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Data Breaches Rose 68% in 2021, Hitting a New High With No Signs of Slowing
According to the Identity Theft Resource Center’s (ITRC) annual report—which advocated for more effective laws and regulations to better protect victims of identity fraud—2021 marked a milestone year with a record-setting number of data compromise events. ITRC recorded 1,862 data compromise events in 2021, up 68% from 2020 and 23% over the previous high of 1,506. Although the number of
OSHA Form 300A Posting Requirements Begin Feb. 1
The Occupational Safety and Health Administration (OSHA) requires employers subject to its recordkeeping requirements to post copies of their OSHA Form 300A between Feb. 1 and April 30 of each year. The OSHA Form 300A, also known as the “Summary of Work-related Injuries and Illnesses,” must be completed by Feb. 1 using data from the previous calendar year. As a
Why are home insurance costs rising?
You have probably noticed higher prices in many areas of your life – from what you pay at the gas pump to the grocery store, for shipping and more. Home insurance rates are not immune to this trend. Across the industry in most markets and with most insurance companies, whether you’ve had a claim or not, home insurance premiums are
Agencies Issue Guidance on Coverage of OTC COVID-19 Tests
On Jan. 10, 2022, the Depts. of Labor, Health and Human Services (HHS), and the Treasury issued FAQ guidance regarding the requirements for group health plans and health insurance issuers to cover over-the-counter (OTC) COVID-19 diagnostic tests. Legal Requirements Plans and issuers must cover the costs of COVID-19 tests during the COVID-19 public health emergency without imposing any cost-sharing requirements,
Benefits of Commercial General Liability Insurance
Even in the most well-run businesses, incidents happen. Whether these incidents result in property damage, bodily injury, or both, they can be costly for businesses to deal with. As such, it is important for your business to be covered for a variety of possible risks. A commercial general liability (CGL) policy protects your business from financial loss should you be
