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Coronavirus – Does Your Insurance Cover You?

The disruption to business and everyday life caused by the coronavirus (COVID-19) pandemic is resulting in an economic impact for every business. With hourly announcements from health agencies calling for social distancing, school closings, business restrictions, and event cancellations, current news reports indicate the crisis will get worse before it gets better. Much of this disruption is likely not covered by insurance.

The two most asked questions we’ve received over the past two weeks have been:

– Where can I buy coverage for the COVID-19 viral pandemic?
– Does my insurance have coverage under my current policy?

We have consulted with specialists across the Property, Casualty and Professional Lines sectors and offer the following COVID-19 update. Please note this is not an interpretation of any policy language and we recommend that you inquire with counsel for specific interpretation and advice on your particular insurance policy.Read More »Coronavirus – Does Your Insurance Cover You?

Commercial Property Insurance

Commercial property insurance is a key coverage for business owners, especially when running a home-based business. That’s because it provides more coverage than homeowners insurance. This type of commercial insurance helps protect your business and its physical assets. It can pay your repair or replacement costs if your business property gets damaged or destroyed from a fire, theft or other covered loss.

Professional Insurance for Cannabis Sector

The legal cannabis industry is one of the fastest-growing sectors in the United States. Already worth over $10 billion in annual sales, the economic impact of cannabis could reach as high as $77 billion by 2022, according to Business Insider.

As the industry grows, so has its insurance risks. Understandably, cannabis operations’ first insurance priorities are property and general liability (GL)/products liability; while less apparent, financial risks commonly covered under professional lines programs need to be addressed, as well. Growers, manufacturers, and dispensaries, as well as other entities along the distribution chain, need to assess four key areas of professional line coverage to ensure that they have a complete portfolio of protection. That’s how Paperless Insurance can help.

Read More »Professional Insurance for Cannabis Sector

Protecting Contractors from Economic Loss in Construction Projects

[Updated on 3/8/2023]

Construction spending continues to reach historic heights. According to the U.S. Census Bureau, approximately $1.6 trillion is spent each year on domestic construction projects.

The increased spending correlates with an increase in the number of construction projects being executed. This ultimately translates to greater exposure and bottom-line risk for all companies involved in the supply chain within the construction sector. These companies include but are not limited to consultants, construction and project managers, design professionals, and builders.


Read More »Protecting Contractors from Economic Loss in Construction Projects

Pros and Cons of Working from Home

Working from Home vs. Office: Who Gets More Done?

Telecommuting, or working from home, is becoming a popular trend in the workforce. In fact, it’s estimated that nearly 40% of full-time employees will be remote workers in the next 10 years.
In the last 13 years, the number of employees working from home at least half of the week increased by 115% (3.9 million employees in 2018, compared to 1.8 million in 2005).
So, should you let your employees work remotely? It depends.
Read More »Pros and Cons of Working from Home

Hacking of Pacemakers and Other Implanted Devices

On October 1, the Federal Drug Administration (FDA) issued a warning about the so-called URGENT/11 cybersecurity flaws that leave certain Wi-Fi-enabled medical devices vulnerable to being remote-controlled by hackers, such as cardiac pacemakers, implantable cardioverter defibrillators (ICDs) or insulin pumps.

The FDA indicated that devices potentially at risk are those utilizing IPnet, a decades-old software application that enables wireless networking. According to the statement, a successful cyberattack could allow a hacker to remotely change a device’s function, cause a denial of service, information leak or logic flaw that could lead the device to malfunction.

Although there have been no reports of such cyberattacks, the FDA pointed to a health risk for patients using one of the affected devices and advised healthcare providers to notify patients of potential risks and address the issue in conjunction with patients and device manufacturers.

Because device manufacturers have incorporated an array of configurations to IPnet and its components, the Department of Homeland Security (DHS) is unable to compile a list of affected devices. Therefore, the DHS has advised manufacturers to evaluate and report to the FDA what, if any, cybersecurity risks are posed by their devices.

“This illustrates a scale of digital risk that could not have been foreseen at the time these devices were manufactured,” said Neil Gurnhill, CEO, Node International, London, England. “Companies need to develop these products with security at the forefront of their minds. This is a potentially life or death situation that companies cannot afford to get wrong.”Read More »Hacking of Pacemakers and Other Implanted Devices

5 Risks Every School Has

…and how to lower it.

1. Harassment and Bullying Spark More Lawsuits

All school personnel should receive misconduct alertness training so they can spot the signs of abuse and intervene early.
Anonymous reporting tools can also help drive earlier intervention.

2. Title IX Expansion Increases Due Process Liability.
Title IX is a law that was meant to bar discrimination based on sex in educational program activities and athletics that received Federal financial assistance.

Higher ed institutions should have a Title IX adviser on staff who understands the law and can advise schools on the best course of action to take when a complaint is filed.Read More »5 Risks Every School Has

Questions You Should Ask Before Signing a Lease

Moving into a new rental property is such an exciting process! Sure, it’s also super time-consuming and can be pretty demanding, but finally settling in can bring so much joy.

Before signing a lease, make sure you know what you’re getting yourself into. Your lease is more than just a piece of paper with boring writing on it – it’s a legally binding contract! Most leases are pretty straightforward, but once you sign it, you’re locked in for the near future.

Here are nine important questions to ask your landlord or leasing office before signing the rental agreement.Read More »Questions You Should Ask Before Signing a Lease