Latest Small Business Headlines
All the headlines from our Small Business Topic Page, ordered by recency.
Work-From-Home Can Deliver Big Cyber Risks for Small Businesses
Aug 19 2019 // Remote employees place businesses at risk, yet many small business owners are not properly mitigating potential cyberthreats, nor are they adequately protecting their employee platforms, a new report says. As work-life and...
Legislation Highlights Why Cyber Market Should Keep Watch on Small Business Risk
Aug 19 2019 // The 2018 Verizon Data Breach Investigations Report cited that 58% of cyberattack victims were small businesses, and the 2019 Symantec Internet Threat Report™ stated that employees working at small businesses were...
Bill to Pool Small Businesses for Insurance Gets Final Approval in North Carolina
Aug 15 2019 // A way for North Carolina small businesses and sole proprietorships to join together and obtain more affordable individual health insurance is heading to Governor Roy Cooper’s desk after the measure received final...
Sompo Global Risk Solutions Forms Small Business Team in U.S., Mexico
Aug 12 2019 // Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, has formed a new Sompo Global Risk Solutions (GRS) team offering insurance products to smaller...
Remote Workers Can Be Big Cyber Risk for Small Businesses
Aug 9 2019 // Remote employees place businesses at risk, yet many small business owners are not properly mitigating potential cyberthreats, nor are they adequately protecting their employee platforms, a new report says. As work-life and...
California Leads Nation in SMB Cyber Insurance Adoption, Report Shows
Aug 6 2019 // California leads the nation in small to mid-size business cyber insurance adoption, according to a report released on Tuesday by CyberPolicy. The report shows the highest annual premium in the state totaled more than...
Small Businesses Learn Hard Lessons When They Don’t Prepare for Disaster
Aug 2 2019 // When Hurricane Irma hit Puerto Rico in September 2017, Carlos Melendez couldn’t contact the staffers or customers of his San Juan-based technology firm, Wovenware. Melendez learned a lesson that would help his...
Viewpoint: What Insurance Industry Should Acknowledge About Small Business Cyber
Jul 30 2019 // The 2018 Verizon Data Breach Investigations Report cited that 58% of cyber-attack victims were small businesses, and the 2019 Symantec Internet Threat Report stated that employees working at small businesses were more...
Chubb Adds Small Business Coverage for Food Service Industry to Digital Platform
Jul 16 2019 // Chubb has added small business insurance to cover risks faced by the food service industry to its digital platform – the Chubb Marketplace, which features a suite of products for businesses with up to $30 million in...
Uncertainty Follows Grief When Small Business Owners Die Without Succession Plans
Jun 28 2019 // When Jim McLaughlin died suddenly from a heart attack at age 64, his family assumed they would have to close his homebuilding business. He’d made no plans for someone to succeed him at McLaughlin Construction, and...
IronPro to Offer Two-Term Policy Endorsement for Small Businesses
Jun 11 2019 // IronPro, the professional liability unit of Ironshore, has introduced a two-term policy endorsement for its miscellaneous professional liability (MPL) product for small business accounts. The MPL policy endorsement was...
CyberPolicy Launches Coverage for Small, Medium-Sized Businesses
Jun 3 2019 // CyberPolicy, an online marketplace designed for small and medium-sized businesses (SMBs) to compare, quote, and buy cyber insurance, has released CyberPolicy Genesis, a one-click cyber insurance product. Starting at just...
Protecting Your Agency and Educating Your Clients On Cybersecurity
May 20 2019 // It’s no secret that having the right technology is critical to being a successful independent agent. But as independent agents embrace technology, they must also be aware of the risks for cyberattacks and know how to...
California Agent Allegedly Steals $65K from Small Business Owners
May 16 2019 // California Insurance agent Francis Okyere, 67, self-surrendered this week at the Los Angeles County Superior Court after being charged with four felony counts of grand theft. The charges arose from an investigation by the...
Lloyd’s Invests in AI Startup Offering Liability Insurance Platform for Small Businesses
May 9 2019 // Lloyd’s announced it is investing in Layr, a cloud-based commercial insurance platform for small businesses looking to purchase liability insurance. The investment follows Layr’s successful trial in the...
Progressive Rolls Out Small Business Insurance Comparison Quoting Platform
May 8 2019 // Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer’s new online BusinessQuote Explorer (BQX) delivers...
Hanover Offers Agents Small Business Platform Using CoverWallet Technology
Apr 17 2019 // The Hanover Insurance Group is debuting a digital platform to help independent agents acquire new small business customers including freelancers, contractors and other self-employed professionals. Calleed Insurago, the...
Nationwide Expands Small Business Insurance Direct Platform
Apr 15 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform. Now, 30 different business types can access the...
Young Small Businessowners Don’t Like Insurance Agents. Uh, Not Really.
Apr 12 2019 // Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in...
Nationwide Expands Small Business Insurance Direct Platform
Apr 3 2019 // Nationwide said it has expanded 24-hour access to more types of small business for its Commercial Digital Direct online commercial insurance platform. Now, 30 different business types can access the platform, which enables...
