Most businesses, and startups in particular, need to keep costs down. Workers either cannot or do not want to work traditional hours. So begins the boom of the independent contractor model, or the so-called “1099 economy.” But when a startup
Tech Risk Report
Protecting Innovative Companies Against 21st Century Risks
Tech Risk Report, published by Perkins Coie LLP, focuses on legal developments and insurance coverage issues related to technology risks. The blog covers topics such as biometric information privacy litigation, particularly under the Illinois Biometric Information Privacy Act (BIPA), insurance disputes involving general liability policies, and business interruption claims arising from events like the COVID-19 pandemic. It also addresses regulatory and court decisions impacting technology companies and policyholders, including coverage interpretations for communicable disease clauses and data privacy concerns. The blog provides updates on litigation trends, insurance coverage battles, and regulatory guidance relevant to technology-driven risks and their legal implications.
Latest from Tech Risk Report - Page 8
Websites and Applications: A New Platform for ADA Claims
By Perkins Coie
In a world where brick-and-mortar businesses are traded in for an online presence, the realm of accessibility challenges is continually evolving. Your company needs to change the way they think about accessibility, including whether your current insurance covers ADA claims.…
Key Language for Your D&O Policy
By Perkins Coie
Directors’ and Officers’ liability (D&O) coverage is important for any organization as it provides coverage for directors and officers who may be personally liable for suits brought against the company. However, all D&O policies are not created equal. Paying attention…
Can Your Insurance Company Cancel Your Policy?
By Perkins Coie
In the fast-paced world of tech startups and business planning, you might not even consider whether your insurance policies could be yanked out from under you. After you have secured basic insurance to protect yourself and your assets against loss…
Risks of Offering “Damage Protection” to Customers
By Perkins Coie
Does your business model include a “protection plan” for customers that pays them for damages caused by your services? This can be an attractive component of your business and a way to reassure your customers. The protection is typically an…
Tips on Drafting Vendor Contracts
By Perkins Coie
If your company uses vendors, you’re likely already familiar with vendor contracts. General provisions in the contracts, such as timing and delivery requirements, are well known, but did you know that inadequate insurance requirements in vendor contracts could put your…