Insurance News
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Traveling the Same Roads Together: AVs and Humans
March 17, 2020
An Update on Safety and Autonomous Vehicles (AVs) Nuro For the first time, regulators at the National Highway Transportation Safety Administration (NHTSA) have given permission to an AV manufacturer, Nuro, Inc., to deploy 5000 low-speed electric delivery vehicles without human controls like mirrors or steering wheels. The small, seat-less car, with gull-wing cargo doors on […]
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Coronavirus Information
March 11, 2020
As the spread of Coronavirus accelerates in the US, business operations need to create plans for virus prevention and business continuity in the event of an outbreak. In addition to the information below from the CDC on hygiene in the workplace, having a business continuity plan is key. Here are some steps to include in […]
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Why You Should Consider an OCIP for Your Next Building Project
March 3, 2020
What is an OCIP and how can it help you with your construction project? An Owner Controlled Insurance Program (OCIP) is an efficient, cost-effective way to provide insurance for owners and contractors for a specific building project. Construction jobs often have a lot of liability risks, including property damage or bodily injury to the public, […]
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What’s Covered in a Typical Equipment Breakdown Insurance Policy?
February 27, 2020
The typical equipment breakdown insurance policy includes the following coverages: Damage to “covered property” at the location named in the policy. Expediting expenses, to cover the costs needed to get insured equipment operational as fast as possible, such as expedited shipping and making temporary repairs. Business income and extra expense. Similar to coverage you should […]