Impact of Emerging Technology on Equipment

Companies are becoming increasingly reliant on emerging technologies. Data centers are increasingly vital to business operations. Complex, digitally controlled, remotely operated machinery is replacing much of the manual operator control equipment. This rapidly evolving technology means new risks for businesses. While the term “equipment” once primarily referred to boilers, today’s equipment is more complex, and is controlled…

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5 Types of Cyber Criminals

Understanding the types of cyber criminals and their techniques can help protect your organization from a data breach. Travelers provides a list of common threats and prevention steps a business can take. #1 The Social Engineer Cyber criminals pretending to be someone else can trick unsuspecting employees to compromise data. In one scenario, a spoof email purporting…

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Flood Insurance Facts

Flood Facts Property owners and renters should buy flood insurance even if you aren’t in a high-risk area. Your chances of being flooded are much greater than some other risks you face daily. If you live in a 100-year floodplain, there’s more than a 1 in 4 chance that you’ll be flooded during a 30-year…

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2 Trends Affecting the Future of the Trucking Industry

Fewer insurers are willing to write commercial trucking business, and the coverage that’s available can be prohibitively expensive, with rate increases averaging in the double digits for even the cleanest accounts. Technological developments may allay these expenses, including autonomous technology capable of maximizing operational efficiency. Additionally, watch out for these two trends: 1) Drastic economic…

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More Changes to the National Flood Insurance Program

The National Flood Insurance Program typically sees minor changes every April and October. This April, the following policy changes will occur: Flood declaration pages will now have the following statement: Refer to https://www.fema.gov/cost-of-flood for more information about flood risk and policy rating. 2- to 4-family buildings can be considered a primary residence with the smaller…

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