Crest Monthly News and Views – January 2018

Posted on January 1, 2018
commercial property insurance

Happy New Year from the Crest Insurance Group to you!  We are hoping for a very exciting 2018 filled with prosperity, safety and security.

In this month’s issue of Crest News and Views, we are taking a deeper look at how to determine and handle false Workers’ Compensation Claim, insights for handling a Sexual Harassment Claim and what coverage options are available for protecting you, your business and your employees, ways to prepare your business for Cyber Security and Cyber Insurance and much more. 

6 Signs of a False Workers’ Compensation Claim

The great majority of workers’ compensation claims are valid. So what can small businesses do to better spot claims by their workers that are fraudulent? Read More >>

Insights for Handling a Sexual Harassment Claim

Following the election of Donald Trump and his campaign comments on acts of harassment as “locker room talk” in 2016, a number of celebrities ranging from television stars to news media reporters and even U.S. Senators and House members, were caught in a “me too” movement of allegations by women of sexual harassment, assault and inappropriate activities. Read More >>

When Must An Insured Get Its Own Lawyer?

In many situations, an insured and the carrier have conflicts of interest that would require each party to have its own attorneys. But when is an independent counsel a “must have” versus a “nice to have”? Read More >>

Recent Wave of Securities Class Actions Poses Challenges for D&O Insurers

Securities class action (SCA) lawsuits are being filed at a heated pace that hasn’t been seen in more than two decades. According to Cornerstone Research, there were a record 325 SCAs filed in the first three quarters of 2017. Read More >>

Top Cyber Risks Businesses Should Prepare for in 2018

This year’s top six cyber risks for businesses, according to The Chertoff Group principal Adam Isles, include: increase in destructive attacks targeting industrial control systems; expansion of IoT as a threat vector; evolution in nation-state activity tradecraft, advances in identity subversion as a tactic; increased use of software subversion to bypass security controls; and increase in third-party risk. Read More >>

3 Ways Companies Are Responding To Active Shooter Threats

The deadliest mass shooting in modern U.S. history in Las Vegas last October has driven large-scale changes to hotel, gaming, and entertainment organizations’ risk management approaches. Read More >>

Remodeling Your Home

Though the results are worth it, home remodeling construction is usually a messy and disruptive process with lots of heavy equipment, sharp tools, and other potential dangers. Read More >>

Coverage For Renting Out Your Home

There are many reasons you might want to rent out your home on either a short- or long-term basis. Depending on the rental scenario, your standard homeowners policy may not cover losses incurred while your home is rented out, and you may require a more specialized insurance policy. Read More >>

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