URGENT: New Security Hole Threatens Computer Networks

​The federal government is warning that a newly-discovered computer software vulnerability poses a major threat to the security of computer networks. We urge all members to address this threat immediately with either their internal information technology staffs or with qualified technology consultants.Federal government agencies, including the National Security Agency and the Department of Homeland Security announced the discovery of the vulnerability on Dec. 10. Here is what you need to know:The vulnerability lies in the Log4j software library, written in the Java programming language and created by the Apache Software Foundation​. The Apache Software Foundation is not a company; it is a volunteer community of hundreds of…

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Would You Like to Help Agents Affected by the Tornado?

​Contribute to Kentucky Agents FoundationHelp fellow agents in Western Kentucky by contributing to areas of need during this difficult time. 100% of these tax-deductible funds will be allocated to instant relief for the services and needs in Western Kentucky (tax ID number is: 30-0553110).Donate to the Trusted Choice Disaster Relief FundAlternatively, you may make a donation to the Trusted Choice Disaster Relief Fund, which is also supporting agents in need.Source

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Industry Roundup: ​Staggering Cost of Covid-19’s Impact on US Workers’ Compensation Revealed; Upcoming Revision to ISO’s Homeowners Program; How to Make Your Insurance Agency Future-Ready in 2022; 2021 Insurance Fraud Hall of Shame

​Staggering Cost of Covid-19'S Impact on US Workers' Compensation RevealedNational Council on Compensation Insurance (NCCI) has reported that 45 jurisdictions were analyzed and represent $630 million in incurred loss dollars, across some 80,000 COVID-19 claims last year.Upcoming Revision to ISO'S Homeowners ProgramTaking effect March 1, 2022, ISO is filing changes and updates to many of the homeowners forms, as well as withdrawing and introducing new endorsements in all jurisdictions where ISO files effective dates.Increased Attention on Intellectual Property Creates New ExposuresThe commercial upheaval caused by COVID-19 has prompted businesses in many sectors to analyze their existing revenue streams and one area that has come under…

Continue ReadingIndustry Roundup: ​Staggering Cost of Covid-19’s Impact on US Workers’ Compensation Revealed; Upcoming Revision to ISO’s Homeowners Program; How to Make Your Insurance Agency Future-Ready in 2022; 2021 Insurance Fraud Hall of Shame