Network and Data Security and Privacy Insurance

In spite of robust security measures, a number of prominent companies – Equifax, Target, Uber, Yahoo and others – have in recent years been victims of cyberattacks. But it is not only the large companies that are hit with such attacks – according to a Verizon Data Breach Investigations Report, 61% of breaches in 2017 were sustained by firms with fewer than 1,000 employees. Insurance companies have for some time provided network and data security and privacy insurance (NDSP) to … Read More

Introduction to Employment Practices Liability Insurance

Sexual harassment. Wrongful termination. Discriminatory hiring. Hostile work environment. The number and scope of recent allegations of inappropriate workplace conduct has renewed the focus on the need for proper employee management practices. But even with proper diligence, things can happen, allegations can be voiced, complaints filed, and lawsuits presented. And that’s when it is important that the broadcaster have a solid employment practices liability insurance (EPLI) policy in place and have a good understanding as to the scope of coverage … Read More

Vehicle Fleet Safety

Remote broadcast vehicles are an important part of a radio station’s engagement with listeners and ENG trucks are a key resource for locally produced news shows. But it seems that traffic is heavier everywhere these days. And isn’t it amazing how a low-speed, parking lot fender bender can result in the other driver sustaining “serious injury resulting in extraordinary pain, suffering and impairment”? While many commercial enterprises have historically had somewhat of a limited concern about vehicle fleet risk management, … Read More

Key General Liability Insurance Coverage Exclusions

Insurance covers everything, doesn’t it? Well, no, some exclusions do apply. And buried within the general liability insurance policy are a number of exclusions relevant to broadcasters including the following. Alcoholic Beverages The standard liquor liability exclusion eliminates coverage for liability for which an insured may be held responsible by reason of: Causing or contributing to the intoxication of any person, or The furnishing of an alcoholic beverage to a person under the legal drinking age or under the influence … Read More

I’ve Got A Property Claim, Now What?

Broadcasters tend to have favorable property claims experiences. But, with towers, antennas, and dishes being exposed to the weather and situated at remote, mountaintop sites, things can happen. Here are some suggestions for how to optimize and expedite your property insurance claim settlement. TIMELINESS A prompt first report of loss is very important. The scope of the damage – What else got fried by the lightning? – and the necessary corrective measures – Can we repair this or will it … Read More