Author: SBd6tJhwJA

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Free IIABA Webinar: CARES Act SBA Small Business Lending Solutions

​As part of the CARES ACT recently approved by Congress, $350 billion will be available through various SBA lending programs to help small businesses – like your agency and those of your clients – survive and recover from losses suffered during the COVID-19 crisis. The new Paycheck Protection Program (PPP) is designed to help cover your short-term operating expenses so you can remain open and keep your local economies thriving. InsurBanc, recognized as a Preferred Lender by the U.S. Small Business Administration, is prepared to work with eligible businesses to obtain the emergency financing offered through the PPP. InsurBanc President & CEO Dave Tralka recorded…

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Keeping Zoom Secure – How to Stay Cyber-Savvy When Working Remotely

by Andrew Frisbie, Chief Information Security Officer at LCG-LLC​ ​Zoom is a popular cloud communications application that is front-and-center in the COVID-19 response as we all shift to working from home. With all the attention, Zoom has been a popular topic of discussion amongst cybersecurity professionals and a popular target of bad actors. Here are two very current issues that many media outlets are writing about: March 30, 2020 – Zoom Bombing Attacks The FBI issued a warning of ongoing “Zoom-bombing attacks” on video meetings. “Zoom Bombing” occurs when an unscrupulous individual joins a Zoom video conference for the purpose of disrupting it. Zoom-Bombing has been…

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Big I NY Opposes Bill To Force Coverage for COVID-19 Business Income Losses

​A bill introduced in the New York State Assembly on March 27 would force insurers to cover some business income losses resulting from the COVID-19 pandemic, even if their policies excluded coverage. Big I New York is joining other industry groups in opposing the measure. The bill, A.10226, was introduced by Assem. Robert Carroll (D – Brooklyn). Assem. Carroll announced his intention to introduce the bill in a series of Twitter posts on March 24. Big I NY AVP of Research and Information Tim Dodge posted several replies to the assemblyman's tweets; no counter-replies have been posted.  The bill would require business income policies to cover the insured business for losses it sustains if it must shut…

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