Author Archives: Crain’s Content Studio

Lawsuits Allege Accounting Firm Breach Exposed 170,000 Patients’ Data

Two patients are pursuing class-action status for their lawsuits against a Colonie, New York health care company and its accounting firm over a 2019 data breach that reportedly exposed the sensitive information of 170,000 patients. The lawsuits allege BST & Co. CPAs, the accounting firm for Community Care Physicians, experienced a ransomware attack in December…

From Pools to ‘Pandemic Puppies,’ Backyard Family Fun Brings Risk

Sales of pools, trampolines and other backyard recreational items have surged in recent weeks as families try to salvage a summer marred by camp closures, community pool shutdowns, travel restrictions and continued anxiety over the COVID-19 crisis. Vendors in the U.S. and Canada have sold out of above-ground pools while pool shop owners continue to…

Ask the Expert Q&A: Homeowners & Dwelling Insurance

Severe storms, leaking pipes and other unforeseen events pose a looming threat to most individuals’ biggest investment: their home and its contents. To learn more about how Homeowners & Dwelling Insurance can protect the places and items homeowners value most, Crain’s Content Studio spoke with Bill Gatewood, Corporate Senior Vice President, Burns & Wilcox, Detroit/Farmington…

Vandalism, Storms, and Lawsuits Plague Beleaguered Businesses

Businesses around the world are experiencing the effects of the largest economic downturn since the 1940s. Some economists show the U.S. as having exited or nearly recovered from the recession that began in February, and Canada is showing signs of recovering from its deepest recession on record. Nevertheless, businesses continue to face numerous risks while…

Ask the Expert Q&A: Private Client Insurance

High-end homes, big-ticket items like jewelry and fine art, expensive collections and a higher risk of lawsuits make Private Client Insurance essential for affluent individuals. To learn more about the Private Client Insurance market and its particular risk profiles, Crain’s Content Studio sat down with Heather Posner, Associate Vice President, Director, Private Client, Burns &…

Heavy Rain, Dam Failures Unleash ‘500-Year Flood’ in Mid-Michigan

Approximately 10,000 Michigan residents were forced to evacuate their homes on May 19 after catastrophic dam failures sent flood waters rushing through Midland and Saginaw counties, destroying homes, decimating roads and bridges, and leaving one small village in near ruin. Heavy rainfall in the area caused water levels in the Tittabawassee River to surge, leading…

Expansion of Workers’ Compensation Benefits for COVID-19 Sparks Concerns

California Governor Gavin Newsom’s May 6 executive order expanded Workers’ Compensation benefits to employees who test positive for COVID-19 within 14 days of performing a labor or service at work. Critics of Newsom’s order, including concerned business owners and the California Chamber of Commerce, argue that it could drive up costs for businesses already struggling…