Business Archives | Starkweather & Shepley Insurance Brokerage

With COVID-19 nearing its second year of being a part of our collective consciousness, it has continued to become evident that the virus is here to stay, and the changes it forced onto many industries are as well. Although insurance, as a whole, has largely been able to adapt to the necessity of remote working, it has not been exempt from overcoming challenges specific to the pandemic.

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The Effects of COVID on the Insurance Industry

With COVID-19 nearing its second year of being a part of our collective consciousness, it has continued to become evident that the virus is here to […]

“Ransomware Attacks Are Up, Spawning Widespread Harm”

We are constantly hearing about Cyber and Ransomware attacks in the news. The Wall Street Journal’s headline on May 12, 2021, was “Ransomware Attacks Are Up, […]

Risk – What do I do with that?

Risk – What do I do with that? “Everyone has a plan until they get punched in the mouth” This famous quote by Mike Tyson seems […]

November 13, 2019

10 Considerations for Managing Risk with Professional Liability Insurance

Insights to help you protect your firm within the evolving risk environment. In brief: Understand: Be aware of your risks and the insurance solutions available to […]

October 3, 2018

Mitigating Cybersecurity Risk Via Insurance

Cyber insurance is now a ‘must-have.’ Make sure you and your insurance professional understand its many moving parts. Sooner or later, any business that handles customer […]

Association Health Plans: Things to Consider

The Department of Labor (DOL) has recently released the much anticipated Final Association Health Plan (AHP) rules. The rules are designed to make it easier for […]

Bid Bond Must Letter

What you may not know about bid bonds can cause severe damage and financial loss to your business. Interesting thought when bids bonds are provided free of charge at no cost to your company! Download White Paper...

Cyber Liability Insurance: Who’s on First?

By Andrew Fotopulos — Recently, insurance coverage for various types of cyber liability has begun to be offered in the insurance market. However, there is still quite a bit of confusion surrounding what types of exposures are covered under cyber insurance, leaving many asking ‘Who’s on first?’

Now that you’ve seen the problem, why haven’t you discovered the solution?

Once again, the federal government has held a chief compliance officer personally liable for failing to stop a company's misconduct. The CCO worked at Banamex USA in Los Angeles, a banking subsidiary of Citigroup Inc. that just signed a nonprosecution agreement on Monday, but agreed to pay a $97.4 million penalty for money laundering and other criminal violations.

Cyber Liability – Would you knowingly let the following drivers operate your car or truck?

You know it's bad when cyber experts describe the threat of a breach merely in terms of "WHEN" you've been breached. (What happened to "IF"?). Basically, if your business owns a computer, a tablet, a cell phone - you're exposed.

Product Recall Coverage versus Product Recall Expense Coverage

The recall of your products from the marketplace, whether voluntary or mandated, will undoubtedly cause tremendous impacts on your business both internally and externally.

February 22, 2017

Building a Commitment to Workplace Safety

Since the dawn of the industrial revolution—and particularly within the last 50 years— there has been marked, continuous improvement in workplace safety.