Category: DPSI

DPSI
// September 3, 2020

Reading Time: 3 minutes

Ransomware continues to be a vexing problem for businesses. Ransomware is a special type of malware designed to encrypt a victim’s computers, where the only hope of restoring their computer systems is by paying a ransom to the hacker. Ransom demands can range from the tens of thousands of dollars up to multi-millions depending on…

More
DPSI
// September 3, 2020

Reading Time: 2 minutes

The way we work and vacation in 2020 has changed drastically. With most people currently working from home instead of an office, many have realized that “home” can be anywhere. Additionally, current social distancing guidelines have vacationers shying away from crowded cruises and hotels and opting for more private getaway lodging. This combination has made…

More
DPSI
// June 8, 2020

Reading Time: 2 minutes

There is no question that the COVID-19 pandemic that has rocked society over the past few months will leave a lasting mark worldwide. It will change many things, from how we wash our hands to how we do business to how we shop. In a recent report from Capgemini Research Institute, a global research firm,…

More
DPSI
// June 8, 2020

Reading Time: 2 minutes

On March 18, 2020, the Families First Coronavirus Response Act (FFCRA) was signed into law to assist employees who are unable to work for specific COVID-19-related reasons. FFCRA mainly applies to certain public employers and private employers with fewer than 500 employees. Small businesses with fewer than 50 employees may qualify for exemptions. In general,…

More
DPSI
// March 5, 2020

Reading Time: 3 minutes

Cybercrime continues to be a vexing problem for businesses. Criminals are using a variety of techniques, some sophisticated, some very basic, to penetrate networks, steal money and generally cause confusion in the workplace. In particular, losses from social engineering continue to mount. Social engineering is an attack on a person or an organization involving manipulation…

More
DPSI
// March 5, 2020

Reading Time: 2 minutes

In today’s society, it’s more common than ever for liability settlements to reach the million-dollar mark or higher. It’s impossible to predict jury awards; however, purchasing excess liability insurance is an inexpensive way to protect your insureds’ financial futures and established assets. Excess liability insurance provides coverage limits that exceed the underlying liability policy. The…

More
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….

More
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…

More
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…

More
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…

More
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…

More
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,”…

More