Commercial Lines
Progressive Supporting Hispanic Small Biz With Grant Program
Progressive Insurance announced that it recently launched the Driving Small Business Forward grant program in support of Hispanic entrepreneurs. Small business owners can apply to receive one of 10 ...
Data Breach-Related Securities Suit Filed Against Cyber Firm Okta
Following a trend in directors and officers litigation involving cybersecurity firms, Okta Inc. now faces a securities class action lawsuit alleging the firm made false and misleading statements, ...
Costlier Errors: Legal Malpractice Claims Severity Keeps Rising
Almost all insurers that participated in a recent survey said they have been involved with a lawyers professional liability insurance (LPLI) claim of more than $50 million in the last two years — ...
PIMCO Sued Over ‘Fraternity’ Culture by Minority Ex-Workers
Pacific Investment Management Co. now has both men and women suing over a "fraternity" culture that allegedly favors white males. Two men, a Black ex-employee and a former contractor who is Asian, ...
Global Supply Stress Worsened in April, NY Fed’s Index Shows
Stress on global supply chains worsened in April as coronavirus lockdown measures in China and the war in Ukraine lengthened delivery times and air freight costs between the United States and Asia ...
Businesses See Cyber Attacks as Biggest Threat – Ahead of Pandemic, Economy: Survey
Cyber attacks are now seen as the dominant risk for many businesses—ahead of the pandemic, economic downturn, skills shortages and other issues, according to a report published by Hiscox. For its ...
Where Property Insurance Buyers Are Headed: A Paradigm Shift
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that ...
4 Things Small Businesses Can Do to Protect Against Cyber Attacks
Since the beginning of the COVID-19 pandemic, small businesses have quickly adopted remote working and transitioned to new technologies, such as contactless payments and online ordering. ...