Cyber Bytes: Why Ransomware and Jackware Matter to Your Business Smart connectivity is a feature of nearly every machine manufactured today, from critical infrastructure to cars, mass transit, health care, homes, office buildings and equipment. And just like a computer, smart machines (aka the Internet of Things Read More
Drivers, Your Auto Insurance Might Not Cover Your Medical Bills If you’re the driver in an accident, you could be liable for the injuries of everyone in your vehicle. Every state has its own laws, auto insurance limits and coverage options, so it’s important to understand your coverage before you get behind the Read More
Blanket Coverage and Margin Clauses? Blanket insurance covers multiple items or locations all at once, the way a blanket covers all items underneath it. You can apply blanket insurance to multiple locations of a business, all your building contents, all of one kind of business property (such as mobile equipment) Read More
Comparing an Occurrence-Based Policy vs. a Claims-Made Policy A liability insurance policy helps pay for expenses related to a loss suffered by another person or business that occurred on your property or because of your negligence, error or omission. It covers your legal defense, as well as any costs you must pay Read More
Risk Management Trends For 2022 2022 has been an interesting year for risk management, with emerging political issues creating new risk areas that organizations must now grapple with. The Institute of Internal Auditors, an international professional association, serving more than 70,000 members in North America Read More
Do You Need Burglary Insurance? Your primary commercial property policy may include some coverage for burglary losses, but it is typically quite narrow in scope. Commercial property insurance often excludes certain types of crime-related losses or restricts how much you can recoup for property damaged during a Read More
Spoilage and Contamination Insurance Food products are the first thing that comes to mind when we think of spoilage and contamination. However, there are many businesses that have significant inventories of perishable items, including grocery stores, cold storage warehouses, bakeries, food processing plants, and Read More