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2012’s Record Data Leaks Means Data Breach Insurance Is Becoming More Important

If you felt like data breaches were in the news a lot in 2012, you weren’t imagining things: a report from Risk Based Security released last month shows that the data breach total for 2012 (2,644...

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IT Consultants Liability: When the Cloud Service You Recommended Gets Hacked

If you own an IT consulting company or provide IT consulting services as part of a larger business, your revenue depends on the advice you provide your clients. The products and services available...

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Do I Need E&O Insurance for Every New Contract?

As we’ve mentioned on this blog before, Errors and Omissions (E&O) Insurance is often more important for small technology companies than others. But knowing you need E&O coverage and securing...

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Can a Vocabulary Lesson Prevent E&O Lawsuits?

A recent article from ITWorld.com outlined the top 10 traits of highly effective IT professionals. One of them was to teach less tech-savvy coworkers to “speak geek” – that is, to help them understand...

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Do I Need E&O Insurance for Less Major Projects?

We’ve written in the past about how Errors & Omissions Insurance is particularly important for small technology firms, which often face a double challenge: first, legislation can’t keep pace with...

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E&O Liability Higher than Many Realize for IT Staffing Firms

March unemployment numbers released today show that the U.S. economy continues to inch toward recovery, with 88,000 new jobs created last month and the official unemployment rate creeping down to 7.6...

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Does Your Errors and Omissions Insurance Cover THAT?

Errors and Omissions Insurance is a key business protection for most owners of technology companies. But no two Errors and Omissions policies are exactly alike, and choosing one with insufficient...

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6 Common Myths about Errors & Omissions Insurance

Do you think your General Liability Insurance policy covers all the risks of your technology business? If so, you're setting yourself up for some hefty liabilities. How hefty? They're the kind of costs...

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5 Most Common Errors & Omissions Claims for Technology Firms

As a small-business owner in the technology sector, you've got more tasks than available time, so it’s easy to put off non-essential tasks like staying abreast of the latest trends in Errors &...

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IT Liability Insurance for Freelance Computer Programmers

Do you know what kind of Business Insurance you need as a freelance computer programmer? Some of your risk is no different from that pizza parlor down the block, but not all. Your technology work puts...

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What’s in a Name? More Legal Fees Than You Can Shake a Stick At.

App developers, smartphone users, and techies of all sorts, rejoice: the Apple-vs.-Amazon showdown over who can use the name “App Store” (or “Appstore”) has ended. The winner? No one – or everyone,...

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How a Calendar and an Email Can Save You Thousands of Dollars

Did you ever notice that if you add an “s” to the end of “deadlines,” it becomes “deadliness”? Similarly, if you take even a day or two longer to complete a client project, you could face a devastating...

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Don't Play Telephone: Protect Yourself from E&O Claims with Professional...

Remember when you would play Telephone as a child? On your turn, you promised you would speak so clearly no one would mishear what you said. You’d be the only person to win the telephone game. (As...

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Data Security in the Cloud: Concerns for IT Firms with Legal Clients

If your IT firm counts any lawyers or law firms among its clients, you probably already know that the data security rules are stricter in legal fields. But exactly how strict are those rules? And what...

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Tinder Security Breach Highlights E&O Exposure for IT Contractors

Have you heard of Tinder? It’s a date-finding app for young professionals (many have observed that it brings the capabilities of Grinder to a wider market).  Tinder takes a new spin on the idea that...

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Errors & Omissions Insurance: Protect Your Hardest-to-Manage Reputational...

A study recently conducted by insurance company ACE European Group found that more than four-fifths of businesses interviewed (81 percent) cited reputational risks as their most difficult to manage....

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Contracting Work? Check Independent Contractors’ Insurance Credentials

Do you have any idea whether your independent contractors are properly insured? You should. Uninsured contract workers expose your tech business to the same degree of risk as if you carried no...

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The IT Professional’s Guide to Getting an E&O Claim Covered Every Time

For IT contractors and owners of small technology businesses, Errors & Omissions Insurance (aka Professional Liability) is one of the most important insurance coverages to carry. Why? For two...

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How Clients Who Accept Mobile Payments Put You at Risk

As many as 40 percent of small and medium-sized businesses are now accepting mobile payments (i.e., those from devices attached to tablets or smartphones), according to a survey conducted by marketing...

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Java Function Exposes All Android Users to Bitcoin Theft, Highlights Errors &...

This summer, Bitcoins may have received more hype than Justin Bieber. But recently, the digital currency has been in the news due to a cyber security flaw, which sheds light on security and liability...

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