Cyber Risk in Relation to COVID-19

By Insurance News Editor | November 25, 2021 |

Issue: New phishing attempts Cyber thieves are using the recent developments surrounding the novel coronavirus (COVID-19) as an opportunity to send phishing emails and spread malware attacks. Most recently, we’ve seen phishing emails impersonating the U.S. Centers for Disease Control and Prevention (CDC), the World Health Organization (WHO) and other health authorities. An example is…

Don’t Let Ransomware Hold Your Business Hostage

By Insurance News Editor | November 25, 2021 |

It can be as easy as an employee opening an email attachment. Once they do, a virus can infect their computer, lock their files and tell them to pay a ransom if they want to regain access. This is a type of cyberattack known as ransomware, one of the most important cyber risks businesses need…

Phishing and ransomware can be your worst nightmares, how can you prevent these evolving threats?

By Insurance News Editor | November 25, 2021 |

Toward resilience against phishing and ransomware attacks Over the past years, phishing and ransomware have become the most rampant form of cybercrime and an exponentially increasing threat to organizations. The vast majority of organizations have been targeted by phishing or ransomware. Ransomware, a form of malware designed for the sole purpose of extorting money from…

Why does a business need product recall insurance?

By Insurance News Editor | August 22, 2021 |

Product Recall Insurance is one of the most important insurance policies that companies who put products into the global stream of commerce should purchase. While most large organizations purchase the insurance, many other businesses do not. The risk of a product recall has increased exponentially. Stricter global regulatory standards have increased in number, and new…

What type of factors can lead to a recall event?

By Insurance News Editor | August 22, 2021 |

It is essential to understand why recalls occur in an ideal world, every product that we build, buy, or own, would be perfect in every way. The reality, however, teaches us that while perfection is something to strive for in the marketplace, it is often something that is not always attained. While some may be…

What are the common misconceptions about product recall coverage?

By Insurance News Editor | August 22, 2021 |

We Already Have Coverage Under our General Liability Policy General Liability insurance is a third-party coverage, which typically does not provide coverage for product recall events. Product recall insurance is a first party coverage protecting the insured through reimbursement of financial loss and expenses (which are typically excluded on a general liability policy). Additionally, product…

Recalls and Public Health Alerts

By Insurance News Editor | August 18, 2021 |

The U.S. Department of Food & Agriculture Food Safety and Inspection Service protects the public’s health by ensuring the safety of meat, poultry and egg products. FSIS is part of a science-based national system to ensure food safety and food defense. FSIS ensures food safety through the authorities of the Federal Meat Inspection Act, the Poultry Products Inspection…

Don’t let a costly product recall damage your business and your brand

By Insurance News Editor | August 16, 2021 |

According to the FDA, nearly 30 product recalls occur every week in the U.S. on average. Recalling, replacing or destroying a consumer product can incur substantial long-term reputational and financial costs for your business. Not only that, news of a product recall spreads like wildfire on social media, so having a product recall policy with…

Do I Need Business Interruption Insurance?

By Insurance News Editor | August 16, 2021 |

Most people would never consider opening a business without first purchasing property insurance to cover the cost to repair or replace a building or equipment that’s been damaged due to a covered peril. But too many business owners fail to think about how they would keep their business afloat if they were forced to temporarily…

Product Liability, Recall & Contamination Insurance

By Insurance News Editor | August 16, 2021 |

Product liability If your company designs, manufactures, distributes or sells a physical product—anything from toys to building supplies to macaroni and cheese—you’ll want to strongly consider purchasing product liability coverage. This coverage helps provide financial protection in the event that the use of your product results in property damage, personal injury or death. Product liability…

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Landscape Contractors Insurance Services, Inc.
1835 N. Fine Ave, Fresno CA 93727
Tel (800) 628-8735 Fax (559) 650-3558
CA LIC # 0755906

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