Federal Trade Commission Tag

26 Jan

Posted at 16:43h in 2023, Employment Practices Liability Insurance (EPLI), Human Resources, Labor & Employment Law

By Anita Byer, Setnor Byer Insurance & Risk The Federal Trade Commission recently proposed a new rule that would ban the use of non-compete clauses in employment agreements. The FTC believes that the widespread use of non-compete clauses suppresses wages, hampers innovation and stifles entrepreneurship. According...

17 Nov

Posted at 17:42h in Cyber Risk

It has gotten to the point where we can barely keep up with all the data security breaches. We are no longer surprised to hear that another data breach exposed the sensitive personal information exposed of thousands (or millions!) of people. What’s worse is that many of...

22 Oct

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

According to the Federal Trade Commission, identity theft continues to top the list of consumer complaints. In 2013, American consumers reported losing more than $1.6 billion to fraud, which is approximately $2,294 per incident. The highest reported age group for identity theft is 20-29, and...