By Matthew P. Simmons, CIC Georgetown Insurance Service, Inc. Silver Spring, MD 2018 has been an interesting year — a year that has left the insurance industry scrambling to construct the right coverages for our country’s evolving needs. As agents, there are a number of trends and pending changes that we are keeping our eyes … Continue reading The Six Insurance Trends to Keep an Eye on in 2019
As we discussed in our blog earlier this month, September is National Preparedness Month, an initiative by the Ready Campaign “designed to educate and empower the American people to prepare for, respond to and mitigate emergencies” (source). This week’s theme is ‘Check Your Insurance Coverage.’ If a disaster strikes, insurance is your first line of … Continue reading Preparedness Month: Check Your Insurance Coverage
National Insurance Awareness Day takes place on June 28th of each year. While experts aren’t sure who originally created it, it has now come to serve as an annual reminder for individuals and businesses to review their insurance coverage. In honor of this year’s Insurance Awareness Day, we are sharing the top four questions that … Continue reading Insurance Awareness Day – Top 4 Questions Every Business Owner Should Ask Themselves
By Remmie Butchko , CIC Georgetown Insurance Service, Inc. Silver Spring, MD As I wrap up my 5-part series on cyber risk and awareness I wanted to conclude by covering one of the most important issues we all face in business and in our personal lives, which is managing the risks associated with E-Commerce. E-Commerce … Continue reading Cyber Risk Management Practices
By Remmie Butchko , CIC Georgetown Insurance Service, Inc. Silver Spring, MD We have all experienced the many ways technology has changed how we go about our daily lives. For the most part, technological advances have resulted in positive outcomes. Unfortunately, technological advances have also changed the way criminals steal, as well. Historically, Crime Insurance … Continue reading Cyber Crime – How to Protect Yourself
By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD My last post discussed potential issues with General Liability (GL) insurance as it relates to damaging or destroying electronic media, information, or data that is owned by others. Because GL policies intend to cover “Property Damage,” and electronic data is no longer considered to … Continue reading Cyber Liability – Failure to Protect Information
By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD Virtually every business owner purchases General Liability insurance at some point. This can also be referred to as GL (General Liability), BOP (Business owner Policy), or CGL (Commercial General Liability) insurance. For the purposes of this discussion, it will be referred to as “GL.” … Continue reading Cyber Liability – What is Tangible Property?
By Remmie Butchko, CIC Georgetown Insurance Service, Inc. Silver Spring, MD Technology has changed our lives in unfathomable ways over recent years. When I started in the insurance business, we had floppy discs (literally) and documents printed on carbon paper with a dot matrix printer. My first “cell phone” was in a bag so … Continue reading What is “Cyber Insurance?”