Small businesses News

Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube

Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these businesses represent a significant share of the global economic output. “This protection gap presents both an opportunity and a responsibility …

Majority of Small Biz Leaders Think AI Will Play ‘Crucial Role’ in Work Safety

More than half of small business leaders believe artificial intelligence will play a “crucial role” in worker safety over the next five years, according to a new report from Pie Insurance. A survey of decision-makers from just over a thousand …

As Small Businesses Try to Recover from LA Fire Devastation, A Variety of Aid Exists

The fires in California have been devastating for many small business owners and others who saw their homes, businesses or livelihoods go up in smoke. Raquel “Rockey” Smeir startedMy Friends Café in Sierra Madre, California, in 2021. While the fires …

What Changes Should Small Businesses Be Aware of for 2025?

For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly administration in Washington. But there are other shifts owners should keep on their radar. Among them: changes to state-level overtime and …

US Small-Business Optimism Soars to Three-Year-High After Trump Win

US small-business optimism surged in November to a more than three-year high in anticipation of more favorable economic policies after Donald Trump sealed his return to the White House. The National Federation of Independent Business optimism index jumped 8 points, …

AI Being Used to Scam Small Business Owners, Says Nationwide Survey

Just when employees have learned to ignore scammy texts and emails from the boss, along comes the next generation of impersonation using artificial intelligence. Cybercriminals increasingly use generative AI, including voice calls and video, to scam businesses. And small businesses …

Chubb: Middle Market Companies Post Record Gains

Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator survey by Chubb. A record 77% of companies reported performance improvement in the last six months of 2023 — the …

New FEMA Rules Aim to Cut the Red Tape of Disaster Recovery

Anyone who has lived through a natural disaster and then applied to the federal government for assistance knows that it can be a lengthy, frustrating and bureaucratic process. New rules announced Friday by the federal agency in charge of emergency …

Small Businesses Give Record-High Ratings to Commercial Insurers: JD Power

Small businesses across the U.S. are increasingly satisfied with the products and services they receive from their commercial insurance providers. According to the 11th annual JD Power 2023 U.S. Small Commercial Insurance Study, overall customer satisfaction has reached an all-time …

‘BazarCall’ Malware Uses Call Centers to Target Small Businesses: CFC

CFC, a specialist insurance provider and market leader in cyber, warned brokers and their clients today of an emerging method of ransomware attack – dubbed ‘BazarCall’ – which is targeting small businesses. According to CFC’s in-house cyber threat analysis team …