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Year: 2019

Home 2019
Cyberattacks Cost 1 in 10 Companies More Than $10 Million, Survey Reveals

Cyberattacks Cost 1 in 10 Companies More Than $10 Million, Survey Reveals

August 9, 2019Chivaroli and Associates Insurance ServicesGeneral Article

Companies lost $4.7 million on average last year from cyberattacks, while more than one in 10 lost over $10 million, according to a new report from a collaboration of cyber and risk management firms.   The latest survey by ESI…

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Amazon’s Doctor Alexa Will See You Now

Amazon’s Doctor Alexa Will See You Now

July 30, 2019Chivaroli and Associates Insurance ServicesGeneral Article

Now that it’s upending the way you play music, cook, shop, hear the news and check the weather, the friendly voice emanating from your Amazon Alexa-enabled smart speaker is poised to wriggle its way into all things health care. Amazon…

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Corporate Secrets Leaked by Web Browser Extensions

Corporate Secrets Leaked by Web Browser Extensions

July 23, 2019Chivaroli and Associates Insurance ServicesGeneral Article

Some internet browser extensions are spying on every click and selling that data, including corporate secrets, according to a Washington Post investigation. As many as 4 million people were leaking personal and corporate data through Chrome and Firefox, and researchers…

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Malpractice System Missing Chance to Improve Health Care

Malpractice System Missing Chance to Improve Health Care

June 25, 2019Chivaroli and Associates Insurance ServicesGeneral Article

The medical malpractice system in the U.S. is doing little to improve the quality of health care, according to new research. Published in The New England Journal of Medicine, the research focused on concerns that doctors with poor malpractice liability…

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Surgical Complications Rise When Doctors Mistreat Coworkers, Study

Surgical Complications Rise When Doctors Mistreat Coworkers, Study

June 24, 2019Chivaroli and Associates Insurance ServicesArticle Archives

In pop culture, surgeons often get portrayed as technically gifted, but with boorish tendencies. In reality, if a surgeon is rude to the rest of their team, it can impact patient safety, according to a new study. The study looked…

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Insurance Prices Uptick as Cycle Swings, Experts Say

Insurance Prices Uptick as Cycle Swings, Experts Say

June 18, 2019Chivaroli and Associates Insurance ServicesGeneral Article

The insurance markets may be hardening, making it more difficult and expensive for buyers to obtain coverage. It “seems like the cycles are all hitting across the board,” Stephanie Fisher, director of risk management and insurance at Quanta Services, told…

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In Colorado, Medicaid Expansion Boosts Hospital Profits

In Colorado, Medicaid Expansion Boosts Hospital Profits

March 29, 2019Chivaroli and Associates Insurance ServicesGeneral Article

By Phil Galewitz | Kaiser Health News The Medicaid expansion promoted by the Affordable Care Act was a boon for St. Mary’s Medical Center, the largest hospital in western Colorado. Since 2014, the number of uninsured patients it served dropped…

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New Research Shows 'Overlapping Surgery' is Generally Safe

New Research Shows ‘Overlapping Surgery’ is Generally Safe

March 27, 2019Chivaroli and Associates Insurance ServicesGeneral Article

Overlapping surgery, where a surgeon has two procedures going at the same time, is generally safe according to new research. The new study reviewed 66,000 common surgeries, of which nearly 8,000 were overlapping, including joint replacement, coronary artery bypass graft…

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Medical Malpractice Payments Continue to Climb, Study Shows

Medical Malpractice Payments Continue to Climb, Study Shows

March 1, 2019Chivaroli and Associates Insurance ServicesGeneral Article

The cost of management expenses and indemnity payments for medical malpractice claims is rising, but the number of claims dropped, according to a new study. The rate of medical professional liability claims declined 27% from 5.1 cases per 100 physicians…

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Senior executives may be the most significant weak spot in an organization's cybersecurity chain, according to research from The Bunker, a UK information security firm. With privileged access to valuable company information, top executives are a prime target for both phishing scams and hacking. The report details five common mistakes executives make, with the first being senior leaders don’t recognize they are top targets for cybercriminals. The C-suite often considers digital security to be outside their range of expertise, viewing cybersecurity as under the purview of the IT department. That's another common mistake. Senior executives need to take ownership and use IT security best practices daily. According to The Bunker, focusing too much on external threats is a third misstep. An IBM X-Force® report found that 60% of data breaches were caused by members of staff either accidentally exposing information or acting with malicious intent. Another blunder made by leaders is the notion that cloud providers become responsible for all backup and security of stored data and devices. “There is a lot of misunderstanding about migrating to the cloud, including the effect on company-wide security procedures, the provider’s data retention and backup policies and how this impacts business continuity plans. Unless stated, cloud providers do not guarantee complete system security or data backup procedures as standard,” the report says. Then there's email; 92.4% of malware was delivered via email, according to Verizon’s 2018 Data Breach Investigations Report. Executives may be opening their companies up to risk by failing to use cloud-hosted email properly. Common errors include sending and receiving Personally Identifiable Information via email and using the same password for multiple logins including email, cloud services, and VPN access. Adopting a "security-first" mentality and instilling this attitude into each member of an organization is the best way to prevent a cyberattack or data breach. Read what actions executives can take to remedy these mistakes in The Bunker report.

The Weakest Link in Cybersecurity: Senior Executives

February 25, 2019Chivaroli and Associates Insurance ServicesGeneral Article

Senior executives may be the most significant weak spot in an organization’s cybersecurity chain, according to research from The Bunker, a UK information security firm. With privileged access to valuable company information, top executives are a prime target for both…

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Chivaroli and Associates Insurance Services is a full-service brokerage firm specializing in the custom-design and placement of insurance and alternative risk funding solutions for your healthcare organization.

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