Alternative Risk Tag

20 Nov Office Holiday Parties: Revel without Regret

Posted at 20:14h in Commercial Insurance, Human Resources, Professional Liability, Risk Management, Safety

Many employers consider a company-wide holiday celebration an excellent opportunity for employees to mingle socially and get to know one another better. It's also a chance for senior management to interact with employees they rarely see throughout the year. Though holiday parties can create a...

15 Oct How Can Safety Reduce Workers’ Compensation Insurance Premiums?

Posted at 14:28h in Commercial Insurance, Human Resources, Risk Management, Safety

Workers' compensation insurance provides indemnity and medical benefits to employees injured on the job. Many states, including Florida, set the premiums for workers' compensation insurance, so shopping around isn't the way to save money. However, employers can reduce their workers' compensation insurance premiums by maintaining...

24 Sep Here We Go Again with Another Massive Data Security Breach

Posted at 14:15h in Risk Management, Safety

Before the dust could settle on Target's data security breach, news of a potentially larger one has surfaced. On September 18, 2014, Home Depot confirmed that it suffered a data breach involving the debit and credit card information of approximately 56 million customers. Target's breach...

23 Jul Is Your Self Storage Facility Prepared for the Next Disaster?

Posted at 12:40h in Self-Storage

Preparation is the key to surviving a natural or human-caused disaster. Nevertheless, a survey by the Ad Council found that 62% of respondents did not have an emergency plan in place for their business. Since up to 40% of businesses affected by a natural or...

20 Nov Getting Rid of Consumer Report Information with the Disposal Rule

Posted at 19:35h in Commercial Insurance, Risk Management

Businesses commonly use consumer reports when deciding whether to make a job offer or extend a line of credit. In the wrong hands, consumer reports may also be used to commit fraud and identity theft. This is why the Federal Trade Commission (FTC) enacted the...

09 Oct Data Security Breaches Can Happen to You

Posted at 15:21h in Commercial Insurance, Cyber Risk, Risk Management

When it comes to data security breaches, many organizations say, "That could never happen to us." Unfortunately, the increasing frequency of data security breaches means that many of these organizations are wrong. Don't believe it? Let's take a look at a few recent security breaches. Hacking In...

04 Jun Are You Ready for the 2013 Hurricane Season?

Posted at 14:54h in Commercial Insurance, Condominium Governance, Personal Insurance, Risk Management, Safety

For those living or working in areas at risk of experiencing a tropical storm or hurricane, June 1st rarely passes unnoticed. At Setnor Byer Insurance & Risk, we understand that preparing for Hurricane Season is rarely easy and often stressful. We also understand that a...

16 Apr Protecting Sensitive Data: Don’t Forget the Copy Machine

Posted at 14:20h in Commercial Insurance, Risk Management

Collecting personally identifying information from clients, such as names, social security numbers and credit card numbers, is common practice. This means that protecting against a data security breach is (or should be) a priority for virtually every organization. Unfortunately, when it comes to implementing data...

02 Jan What is “No-Fault” Auto Insurance?

Posted at 14:31h in Auto Insurance, Personal Insurance, Risk Management, Safety

No-Fault Automobile Insurance is designed to reduce the overall cost of insurance by making quick payments to individuals injured in an accident regardless of fault and by limiting the right to file lawsuits after the accident. Though relatively straightforward, the concept of No-Fault insurance is...

11 Dec Insurance Designed for Self Storage Facilities

Posted at 13:52h in Risk Management, Self-Storage

When considering insurance, owners and operators of self storage facilities often focus on traditional coverages despite facing risks that are unique to the self storage industry. As a result, some of the biggest risks faced by self storage facilities remain uninsured. To avoid this problem, owners...