By Drew M Smith
PL Risk Advisors announces their attendance to the PLUS Global Convention in San Diego from November 5th to the 7th. Attending the conference will be Partner and Executive Vice President of Sales Javier Gonzalez, who will be a guest panelist speaking on Insurance Agents Brokers E&O for the coming year.
Gonzalez had this to say about his inclusion on the panel. “Axis Insurance Services and PL Risk Advisors are always looking for the biggest issue concerning E&O. This panel will allow us to discuss our findings with our peers and..
Attorneys and lawyers are some of the leading authorities on legal claims, but they are not immune from having legal claims brought against themselves. In fact, professional liability claims, also commonly called malpractice claims, against attorneys have been steadily rising over the past 30 years. Data from the American Bar Association (ABA) suggests that a 75 percent increase in professional liability claims against lawyers since 1985. Given these numbers, it’s common belief that nearly all attorneys, regardless of experience, are highly likely to find themselves hit with a professional liability lawsuit at least once over the course of..
By: Drew M Smith
On October 14th, PL Risk Helping Hands participated in the New York Shatterproof Rise Against Addiction 5k Walk/Run event. The team helped raise over $15,000 towards helping to bring the stigma of addiction to the light, one of the largest team contributions of the over $600,000 that the participants for the event brought in.
Participating in this walk were PL Risk Helping Hands team members Christine DeFelice, Joan Pandorf, Drew Smith, Dylan Kelly and CEO of PL Risk Mike Smith. Their family and friends also joined in on the event...
By Drew M Smith
The Department of Homeland Security (DHS) in conjunction with the National Cyber Security Alliance (NSCA) is celebrating their 15th iteration of National Cyber Awareness Month in October. The initiative is to raise awareness of how much the internet plays a major role in our lives and what could happen if we don’t safeguard ourselves to outside cyber threats.
In the last year, multiple wide scale hacks against groups such as Facebook and Reddit understandably made many people nervous. The month of October is all about taking a step back and..
By Drew M Smith
The Department of Homeland Security issued a warning last week that is very unsettling for businesses to think about. They have determined that hackers have figured out a way to spoof IT providers and their relevant security measures. This means that a mistimed click can ruin both you and your internet security.
There are many scams associated with this type of breach, the most basic will go after you directly. Using social engineering, they will find your number, call you, and say that they are a local business and ask..
By Drew M Smith
PL Risk Advisors, Inc. will be sponsoring and attending the Insurance Brokers Association of New York (IBANY) Fall Reception on Wednesday, October 24th from 5:30-7:30. PL Risk will be listed as rooftop sponsors for the event happening at Tribeca Rooftop in New York City. Attending the conference will be Professional Liability Broker Christine DeFelice and CEO Mike Smith.
When asked about their participation, Christine said. “As many of our brokers are based in New York, this is a great time to catch up with..
Cyber security is an area of risk management where a person or organization can’t be too cautious in mitigating possible exposures. In this current digital age, many businesses and individuals are increasingly reliant on having data and information stored and carried through cyberspace. This data and information can make it anywhere in the world in just a few seconds, allowing for immediate financial transactions and information sharing, which can be both positive and negative for the parties that have money or data at stake.
As convenient as online data transfer and storage is for the people and businesses that utilize it,..
When an employee is terminated from a job against their wishes, they are likely to be upset about it, even if the employer has justifiable reasons for letting them go. The employee may feel like they have been treated unfairly, or blamed for something that they couldn’t have prevented. Employees are capable of suing their former employer for wrongful termination if they believe that they were fired for an illegitimate reason such as age, religion, gender, race, sexual orientation, sexual harassment or retaliation.
In one example of a costly wrongful termination claim, after an employee reported multiple incidents of repeated..
By Drew M. Smith
The Social Media service, Reddit, was reportedly breached according to a blog post released August 3rd. The service revealed that in June, a hacker accessed one of its older servers and compromised emails, data verification and everything that was in the server up to 2007.
What caused the breach was the lack of a simple yet overlooked security measure. Dual-factor authentication has become increasingly popular to secure their passwords and their accounts. (Cyber Tip DFA) In Reddit’s case, the employees did not do a proper job in setting up the service. Instead of a key..
By: Drew M. Smith
The PGA of America reportedly was hacked Tuesday as they tried to access their files for the ongoing PGA championship. Technicians realized they were hacked when they were trying to access the files and were revealed to be locked behind a Bitcoin wall with a message that revealed any attempt to break would result in the files being lost.
The hackers accessed the files that contained advertising and digital signage that was going to be a part of the 100th PGA Championship, in Town and Country Missouri. According to Golfweek, the PGA did not have full access to..
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