Data breaches an ongoing threat Recently, Target, Neiman Marcus and Michaels all had sensitive customer information stolen. Over 100 million customers had their data fall into nefarious hands, and the worst may be yet to come: according to some experts, the issue of retailers being hacked could be a persistent one moving forward. "Attackers no longer spam at will," says Steve Durbin, global vice president of Information Security Forum. "They are increasingly targeting—learning the habits and preferences of their ... January 29, 2014By Aegis Insurance Business and IT Insurance Data Breach, Hacking 0 Comment Read More »
Congress faces upcoming flood insurance vote If you're in the construction industry, you know that you have to guard your sites against all manner of misfortune. One of those is flooding: even a small amount of water can set a project back or submarine it entirely, so any comprehensive commercial property insurance policy will take into account that possibility. Based on what happens in an upcoming Senate debate, that sort of assurance could soon be pricier.By a significant margin, the ... January 28, 2014By Aegis Insurance General Insurance News Flood Insurance 0 Comment Read More »
Worker's comp claims a primary concern for fraud investigators One of the primary concerns of any insurance company is fraud. The issue of unscrupulous people trying to get money to which they aren't entitled is a problem for any industry, but particularly those that deal so much with self-reported claims. This year, medical, auto and workers' compensation predict to be sectors particularly worthy of keeping an eye on, according to statistics collected by the National Insurance Crime Bureau. The high amount of fraud ... January 27, 2014By Aegis Insurance General Insurance News Fraud, Workers Comp 0 Comment Read More »
Five critical fire safety tips A comprehensive commercial property insurance will come complete with some protection against fires. This security is important — a blaze can decimate an entire project. In the best case scenario, however, you won't ever have to file a claim. Here are give tips that can keep your site safe from the ravaging influence of flames. Make sure you have smoke detectors, and that they work: Smoke detectors can warn you that something is amiss, even ... January 22, 2014By Aegis Insurance Contractor Insurance Fire Safety 0 Comment Read More »
Interruption and catastrophe head list of business worries Supply chain interruption and natural catastrophe are the biggest worries on the minds of businesses, according to a recently released study from Allianz Global Corporate & Specialty. The firm interviewed more than 400 experts in corporate insurance in nearly three dozen countries when compiling the list, which seeks to provide a greater insight into the most timely hazards facing companies and insurers.Rounding out the top 10 were fire and explosion, changes in legislation or ... January 22, 2014By Aegis Insurance Business and IT Insurance Business, Catastrophe, Interuption 0 Comment Read More »
Analytics could help claims process Underwriting is a complicated endeavor, one that requires a keen sensitivity to a variety of factors. Those myriad inputs are a big part of why using Big Data could very well help to transform the industry, which is good news for both insurance companies and businesses that hire them. One of the advantages of using a more analytical framework is in deciding how to adjudicate claims. Instead of each one going to a random ... January 21, 2014By Aegis Insurance General Insurance News Analytics, Claims 0 Comment Read More »
Neiman Marcus and Target deal with security breach fallout On Friday, high end retailer Neiman Marcus confirmed the worst suspicions of its customers: its data had been breached, and an unknown amount of credit and debit card information had been leaked. This comes fast on the heels of a similar incident at Target, which saw the personal info of some 70 million customers fall into the wrong hands. Investigators are now concerned that there may be a connection between the digital heists, and ... January 16, 2014By Aegis Insurance Business and IT Insurance Neiman Marcus, Security Breach, Target 0 Comment Read More »
Construction-related jobs among the most dangerous Few people are satisfied with every aspect of their profession. Sometimes clients or managers are difficult or communicate poorly. Other jobs can be repetitive or tedious. Some vocations have hours that force their employees to toil long into the night.Those occupational hazards pale in comparison to those faced in the most dangerous jobs, where serious injury or death is an ever-present possibility. While the riskiest professions are somewhat spread across industries, three of the ... January 16, 2014By Aegis Insurance Contractor Insurance Construction Jobs, Dangerous 0 Comment Read More »
The role of construction in renewable energy Concern about the future of energy is becoming louder. Perhaps in no state is this more true than California, where progressive ideals and unusually sunny weather have many seriously considering switching to a more renewable source of energy, such as solar. In fact, the state installed as many megawatts in 2013 as it did in the previous 30 years combined, doubling its total capacity to nearly 4,000 megawatts.This only further cemented its spot atop ... January 14, 2014By Aegis Insurance Contractor Insurance Construction, Renewable Energy 0 Comment Read More »
Six ways to keep hackers out You can't guarantee the integrity of your website. Like a physical storefront, people will sometimes find ways to elude your security and get access to your information. That's why getting IT contractor insurance is an important part of staying safe. However, just like you wouldn't leave the doors to your store unlocked or your most valuable merchandise within easy purloining distance, there are ways to make sure that your digital data is as locked ... January 10, 2014By Aegis Insurance Business and IT Insurance Data, Hackers 0 Comment Read More »
