A colleague of mine here at the Firm has published a very informative article about insurance for Internet-based business activities. It is worth a read for employers operating virtually any kind of business.
Employer Take Away: What should you as an employer take away from this development? Like many areas in this field, I expect that the issue of social media insurance coverage will continue to develop rapidly. We all know that companies use social media for different reasons – for example, for marketing purposes, and as part of the actual selling process of goods and services. In addition, to the extent that your company’s employees use social media in the course of performing their jobs, or otherwise, my prior blog posts have already identified potential issues that could expose your company to potential liability. It would be wise to consider whether your existing insurance coverage effectively contemplates potential claims arising out of social media use.