After Carnival’s luxury cruise ship, the Costa Concordia, ran aground off the coast of Italy, the company believes it could face insured losses of up to $95 million, showcasing the necessity of a general liability insurance policy.
The cybersecurity industry is beginning to show extreme growth, with the number of cyberattacks rising seemingly every day, reported BrainTrack.
Having small business insurance is important for start-ups and small enterprises, which is why SMB owners should work as hard as they can to avoid a lapse in coverage, reported Small Business Trends.
Observers believe the errors and omissions insurance market appears to be flattening due to decreasing competition, reported Business Insurance.
A recent report from Citibank found 70 percent of respondents use their company website as a marketing channel, while 41 percent are using social media channels to spread the word about a business.
Athletes entering the National Football League know of the dangers they are subjecting themselves to when they step on the field.
According to a recent report from PricewaterhouseCoopers, economic turmoil, political upheavals and natural disasters are just a few of the top concerns businesses are facing in the upcoming year.
According to a recent survey conducted by FileTrek, 90 percent of respondents believe people remove confidential files from the workplace, with 79 percent believing the removal of those files is grounds for termination.
Recent research from Charles Schwab found 76 percent of older workers between 50 and 69 are staying at their jobs because they “want to” rather than feeling “stuck,” while 27 percent say it is the happiest part of their career.
According to figures from the National Insurance Crime Bureau, insurance fraud has increased 19 percent since 2009.