small businesses News

The Hartford: 40% of Small Businesses Will Sustain a Claim Within 10 Years

Four out of 10 small businesses are likely to experience a property or general liability claim in the next 10 years, according to an analysis of The Hartford’s small business claims. Topping the list for the most common claim is …

Some Small Businesses Still Wait for Sandy Grants

A year after Superstorm Sandy sent more than six feet of ocean water into their ice cream store and destroyed everything inside, Brian and Michelle McMullin are still waiting to hear if they’ll get grant money from New Jersey to …

Survey Shows Small Businesses Have Big Data Breach Exposure

Although more than half the U.S. small businesses surveyed by the Ponemon Institute experienced at least one data breach, only a third notified individuals that their personal information had been exposed, according to a study conducted for The Hartford Steam …

More Businesses Seek Flood Insurance After Sandy

Interest among businesses in purchasing flood insurance coverage from the National Flood Insurance Program (NFIP) is increasing in the wake of Superstorm Sandy’s heavy rain, record storm surge, and resulting widespread flood damage, according to insurance broker Marsh. Although most …

Survey: Nearly Half of Small Business Owners Aren’t Prepared for Hurricane Season

A questionnaire posed to small business owners who attended the U.S. Chamber of Commerce Small Business Summit last week shows that the majority are at risk in the wake of a potential disaster. Approximately 57 percent of small business owners …

April Showers Cause Havoc for UK Small Businesses

Simply Business, a UK business insurance broker, saw a 280 percent increase in weather-related insurance claims between March and April 2012, with seven times as many recorded as the same period last year. Based on claims data from over 200,000 …

Utica National Responds to Businesses’ Needs with Cybersurance

Between 2005 and 2010, more than 350 million personal records were exposed in reported data breaches alone. Those numbers include data, privacy and security breaches by cyber-criminals accessing sensitive company and customer information, as well as exposure from lost or …

U.S. Eyes Stronger Cyber Defenses for Small Business

The U.S. government is making it easier for small businesses to beef up defenses against cyber criminals through a free, online tool, the top U.S. communications regulator said Monday. The Small Biz Cyber Planner will allow business owners to create …

Disabled California Lawyer Cranks out Lawsuits

Scott Johnson calls himself a crusader for the disabled. The hundreds of small businesses he routinely sues call him a legal extortionist. Johnson has filed more than 1,000 lawsuits since 2004 alleging merchants and others are violating state and federal …