Cyber liability insurance won’t prevent a hack, but it will help you recover from one. There are two main types:
• First-party coverage, which responds to a loss resulting from a cyberattack on your business network • Third-party coverage, which responds to cyberattacks on others’ systems or networks Coverage Highlights in a cyber liability policy. Client notification • States have data breach notification laws that require companies to tell clients about a breach. Free credit monitoring • Services can cost $10 to $30 per month per individual. Most states require businesses to provide it for a year. State and federal penalties • You might be fined if you are found liable for a breach. Legal defense costs • You’ll need to mount a defense if a client sues you for exposing their data. Cost to repair damages • You’ll need tech expertise to rebuild your computer systems and networks. Ransom negotiations • An expert can help by removing emotions from the process and negotiating a payment reduction. Ransom payments • Some policies reimburse ransom payments, but the conversation around ransom payments is changing. Make sure you understand the exclusions. Data breach due to stolen property • Cyber liability won’t cover the cost to replace a laptop or other device (that’s property insurance), but it will respond to the data exposed due to the theft.
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In order to improve our customer service and company work flow, we are upgrading our agency management system. We are very excited about this transition and the new enhanced benefits it will provide!
Because of this, there will be a delay in our service through Friday, April 1st. We appreciate your understanding and apologize for any inconvenience this may cause. Should you need immediate assistance during this time, please e-mails Stephanie at sdew@winstarins.com or call 512-628-5186. We are excited for this next step as a company, and will release more information about the upgrade very soon. Senate Bill 22 created a presumption that a COVID-19 injury or death is work-related for certain first responders if certain conditions are met.
The bill allows these first responders or their beneficiaries, who had their COVID-19 claim denied by the insurance carrier, to request that the insurance carrier reprocess the claim. Covered employees or their beneficiaries must request that the insurance carrier reprocess the claim by June 14, 2022. Workers' Compensation Carriers are experiencing challenges with checks being sent via USPS either not arriving on time or not at all resulting in customer accounts being cancelled for non-payment. If possible, please consider paying your workers’ comp policy premium online. You can make your payment without creating an account online, and there is no additional fee to pay online! You will need:
You can also create an account with Texas Mutual. They have a robust website that allows you to report claims, view the status of a claim, obtain loss control information and more. We highly recommend that your insurance premium payments be made by ACH or credit card rather than mailing us your check. With delays in the mail service and thefts of mailboxes, your check may take weeks to reach us if it reaches us at all.
Since the Postal Service implemented new service standards on October 1, 2021, we are experiencing more and longer mail delays than ever. Mail is now taking several days if not weeks to be delivered. Texas employers that do not provide workers’ compensation coverage must file DWC Form-005, Employer Notice of No Coverage or Termination of Coverage.
This form:
Find the form and information on how to file on the TDI website. Email below for more information. The safety and well-being of our community and clients are our top priority. Texas is forecasted to experience freezing temperatures for prolonged periods throughout the remainder of the week. This weather includes the potential for snow, sleet, and freezing rain that can create hazardous conditions. During extremely cold weather, staying warm and safe can be a challenge. Learn how to prepare for winter storms, prevent cold temperature-related health problems, and protect yourself during all stages of a winter storm by reviewing the CDC winter weather preparedness guidelines by following the link below: Other items for your consideration.
Here are some tips to help prevent water damage from frozen pipes.
Congratulations to the following recipients of the 2022 Emergency Responder Health and Wellness Grant sponsored by VFIS of Texas and Texas Mutual! We had an overwhelming response with 176 applications requesting almost $800,000. We sincerely appreciate all emergency responders that applied for this grant and wish we could fill every request. We encourage everyone to re-apply in the fall for next year’s grant.
Your responders selflessly face many risks while they serve and protect your community—and they deserve the best insurance protection available. A serious illness could happen at any time, impacting them physically, emotionally and financially. Critical Illness Insurance can help by offering a lump sum payment for covered illnesses and give your paid and unpaid personnel financial benefits to help them through these tough times. COVERAGE HIGHLIGHTS
BENEFITS
Firefighters, as an occupation, have some of the highest rates of heart disease, heart attacks and sudden cardiac death. New construction materials are making firefighting more hazardous to the health and well-being of first responders. Firefighters face a 9% increase in cancer diagnoses and a 14% increase in cancer-related deaths, compared to the general population in the U.S. Your Employee Benefits RepresentativesWe highly recommend that your insurance premium payments be made by ACH or credit card rather than mailing us your check. With delays in the mail service and thefts of mailboxes, your check may take weeks to reach us if it reaches us at all. Since the Postal Service implemented new service standards on October 1, 2021, we are experiencing more and longer mail delays than ever. Mail is now taking several days if not weeks to be delivered. In addition, thieves are now stealing entire mailboxes including one recently near our office. This concerns us as checks could be in those mailboxes. This is a new world we live in and we need to adapt to these ongoing challenges. For your safety, we recommend that you make ACH payments to us. There is no cost to you for these ACH payments as we will pick up the $3 per transaction cost. Your payments can be made securely here: As always, we appreciate your business and are here to help if and when you need us.
By Cherry Guidry, Claims Specialist If you carry Comprehensive coverage on the damaged auto, the VFIS policy will provide full glass breakage, without deductible, for loss caused by hitting a bird or animal or caused by falling objects or missiles. The VFIS policy will also provide towing (and labor at the scene of disablement) up to $2,500. Just send the glass or towing invoice to one of our claims specialists, make sure the invoice has the vehicle VIN # on it, and a claim will be submitted for reimbursement. In most cases, a check for reimbursement will be on its way within a week. Your Claims Specialists
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