Category: DPSI

DPSI
// December 5, 2019

Reading Time: 2 minutes

Every January 1, thousands of people set personal goals for the new year. The majority of these New Year’s resolutions — two-thirds according to Bodybuilder.com — are health-related, such as eating better and losing weight. The fitness industry spends substantially more advertising money toward the end of each year to capitalize on this resolution trend….

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DPSI
// December 5, 2019

Reading Time: 3 minutes

Over the past year, we have witnessed many forms of event-driven litigation as a result of the #MeToo movement, cyber security breaches, wildfires, power shutdowns, U.S. Securities and Exchange Commission (SEC) scrutiny in pre-initial public offering (pre-IPO) companies, and the rise of shareholder activism. These events have consequently given rise to professional and management liability…

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DPSI
// September 5, 2019

Reading Time: 3 minutes

Insureds can find themselves in hot water if they fail to report claims promptly to their insurer. One of the most important provisions for insureds to keep in mind when reporting a directors and officers claim is the notice requirement. Although specific notice-requirement language may vary in directors and officers forms, the intent is always…

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DPSI
// September 5, 2019

Reading Time: 2 minutes

The last day of summer is just weeks away. For banquet halls and caterers, this means busy season is around the corner — the holidays are quickly approaching, and event hosts are likely beginning to plan their celebrations. Whether for a holiday party, a wedding, a fundraiser or a reunion, banquet halls and caterers step…

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DPSI
// June 6, 2019

Reading Time: 3 minutes

Privacy has become a front-and-center issue for consumers and businesses over the past couple of years. Huge concerns have emerged about how companies protect or fail to protect consumer data. While criticism has brewed over Google’s and Facebook’s lax privacy protections for years, the situation came to a head with the Facebook/Cambridge Analytica scandal that…

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DPSI
// June 6, 2019

Reading Time: 3 minutes

According to Shorr Packaging Corp., 54 million tons of freight move across the U.S. every day. Furthermore, the U.S. Department of Transportation projects that by 2040, 29 billion tons of freight will be transported every year, mostly on the back of a truck. Many experts attribute the rise in shipping to the so-called “Amazon effect,”…

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DPSI
// March 7, 2019

Reading Time: 3 minutes

Social engineering fraud comes in many forms. As tax season approaches, W-2 fraud becomes a favorite of many criminals. The common scam is to steal the identity of an individual, file a false tax return in their name and have the tax refund rerouted to the thief. After many years of stealing individuals’ identities through…

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DPSI
// March 7, 2019

Reading Time: 3 minutes

According to Zillow Research, more new home listings come on the market in spring than any other time of year. Buyers are most active after winter, and sellers benefit because real estate typically spends less time on the market and sells for the highest price. On average, real estate listed for sale in the spring…

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DPSI
// December 6, 2018

Reading Time: 3 minutes

Don’t click that link! How many times this year have you received a spam email or a notice from IT advising you not to click a link you just received? According to Symantec, 50 percent of email worldwide is spam. Social attacks are tactics most commonly used by hackers in the information and professional services…

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DPSI
// December 6, 2018

Reading Time: 3 minutes

In today’s society, it’s common to see several active construction sites as you drive down the street. The truth is the construction industry is booming, and research indicates that it will continue to grow rapidly in the next few years. According to Statista, new construction projects are expected to reach $1.4 trillion by 2021. Many…

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DPSI
// September 6, 2018

Reading Time: 3 minutes

Summer may be winding down, but back-to-school season is in full swing. This annual tradition of purchasing clothing, stationery and electronics is the second biggest shopping event of the year. According to the National Retail Federation, total spending for this season is projected to reach $82.8 billion. In an era of smartphones, it might be…

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DPSI
// September 6, 2018

Reading Time: 3 minutes

Directors and officers can be held personally liable for decisions they make on behalf of a company. Many companies purchase a Directors and Officers (D&O) policy to protect both the entity and individual directors and officers. A typical D&O policy form includes three insuring agreements known as “sides”: Side A – Provides coverage to directors…

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