by Smith Brothers | Insurance
Businesses of all sizes and sectors may be subject to unlawful data processing claims. According to the International Association of Privacy Professionals, lawsuits focusing on whether businesses lawfully collect and use personal data have been steadily increasing....
by Smith Brothers | Insurance, News
A new report by the HRA Council found that U.S. employers’ adoption of individual coverage health reimbursement arrangements (ICHRAs) increased by 64% from 2022 to 2023. Many employers noted that ICHRAs offer more autonomy for employees and budget control for...
by Smith Brothers | Insurance
On Tuesday, Aug. 29, the Biden administration unveiled the first 10 prescription drugs subject to Medicare price negotiations. Medicare provides health insurance coverage to 65 million Americans, including 57 million seniors. More than 60% of the 65 million people on...
by Smith Brothers | Insurance
Attorneys and law firms of all sizes are susceptible to claims that their professional services financially harmed another party, regardless of their diligence or attention to detail. Lawyers’ professional liability (LPL) insurance, also called legal malpractice...
by Smith Brothers | Insurance
According to IBM’s annual Data Breach report, the average cost of a data breach reached an all-time global high of $4.45 million, up 2.3% from 2022 and 15.3% since 2020. While $4.45 million is the average across the 16 countries included in IBM’s survey of 553...
