Insurance News
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How to Protect Your Business from Crime
July 10, 2019
Theft is one of the biggest reasons businesses often struggle. Consider these recent findings: The University of Florida National Retail Security Survey estimates total retail losses of $44 billion every year, with 30-40 percent of those losses walking straight out the door. In a survey conducted by Kessler International, 95 percent of employees admitted to […]
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Umbrella & Excess Liability: What limit do you choose?
July 3, 2019
We are often asked, “What limit of coverage should I have?” While there are several factors to consider when making this decision, we suggest considering these top three: What assets am I trying to protect? Is there someone outside of our company that requires specific limits of coverage? What is my attitude toward taking/retaining risk? […]
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Cyber Liability Insurance Policies
June 19, 2019
Due to the lack of actuarial data, it’s been difficult to price cyber liability insurance. This is one reason Insurers depend so much on evaluating each insured according to its risk management procedures and risk culture. As a result, cyber risk coverages are more customized and, therefore, can be more costly, depending on the vulnerabilities […]
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Two Essential Property Endorsements You Need if You Plan to Rebuild after a Loss
June 5, 2019
Your insurance may cover your losses, but will it be enough to meet new building code requirements if you rebuild? A good insurance program will protect your business property from loss due to fire, theft, vandalism and more. But without certain important coverages, your property coverage could leave you short of the funds needed to […]