The February issue of Best's review has its cover story, “You’ve Been Served,” which reports that small-business owners, pension plan administrators and mortgage processors are among a wide array of professionals who face new liabilities as a result of business, technology and regulatory changes.
“Cyber liability is really the big trend,” said Rick Grimes, executive vice president at Professional Risk Services, a wholesale insurance broker based in Warren, N.J. “We see cyber liability as being where employment practices liability was about 10 or 15 years ago, when it was first starting out.”