The Maryland Insurance Administration is receiving a high volume of inquiries about Business Interruptions insurance. Business Interruption coverage is typically triggered under a commercial insurance policy when a covered risk / peril causes physical damage to the insured premises resulting in the need to shut down business operations. For example, if a fire damages a business and the business cannot operate during repairs, business interruption coverage would be available subject to the terms and limits in the policy.
Joe Burrow has won the 2019 Johnny Unitas Golden Arm Award®, presented annually by the Johnny Unitas Golden Arm Educational Foundation, Inc. and A. O. Smith Corporation to the nation’s top quarterback who best exemplifies character, scholastic and athletic achievement. Burrow is the first LSU Tiger to win this prestigious award.
There is an email scam that is happening now and, as your risk adviser, HMS wants to alert you to this growing issue. Here’s how the scam works: Cybercriminals use various spoofing techniques to disguise an email to make it appear as if it is from one of your customers, vendors, suppliers or subcontractors, advising you of a change in banking information and to send payment via ACH to a different bank. In some cases an invoice is attached to the email.
HMS is honored to be recognized by the Independent Insurance Agents & Brokers of America as part of the elite “Best Practices” Study Group. HMS Insurance Associates, Inc. has been selected for the 4th consecutive year to be part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big “I”) “Best Practices” Study Group.
Chesapeake Employers’ Insurance Company is proud to introduce virtual reality technology to its repertoire of workplace safety trainings. This new technology is designed to help business owners train their employees as well as reduce workplace accidents, especially in the construction and warehousing industries.
HMS and SC&H teamed up to present a cyber security seminar for business owners and top executives. When it comes to protecting you business from cyber-attacks, business owners and top executives need to understand the requirements, proper policies and protections that need to be in place before an attack occurs. Even if you currently have a cyber policy, prevention and recovery of cyber-attacks are critical steps.