Business Insurance Renewals Often Mean Changes to Terms

By CBM Staff Insurance
Business Insurance Renewals Often Mean Changes to Terms Commercial insurance rates are increasing on nearly every line of coverage, thanks to a rise in the frequency and severity of claims. And business owners are noticing significant premium hikes at policy renewal time. What might not be as apparent are: Changes Read More

Auto Hacking Coverage for Commercial Vehicles

By CBM Staff At Work News
Auto Hacking Coverage for Commercial Vehicles Modern cars and trucks work in concert with telematics for safer driving, increased fuel economy and fewer delays. But connected vehicles are also bringing cybersecurity and cyber liability coverage into focus. Electric vehicles (EVs) have highly computerized systems Read More

How Business Interruption Impacts Your Supply Chain

By CBM Staff Insurance
Business Interruption Can ImpactYour Supply Chain Bloomberg reports that “a massive hurricane, a historic drought, and 16 other major disasters across the US collectively racked up $165 billion in damages and killed at least 474 people in 2022,” according to a recent National Oceanic and Atmospheric Read More

What Is Spoilage and Contamination Insurance?

By CBM Staff Home Insurance
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
Risk - dictionary definition

Your Business Insurance Renews Soon

By Insurance
Does Your Business Insurance Renew Soon? Let’s Check Your Liability Risk We’re here to keep you informed and help you stay on top of risk exposure areas. Before we assemble your business insurance renewal, let’s do a coverage review. It’s a great way to expose and eradicate coverage gaps. You might have made Read More

EPLI – Employment Practices Liability Insurance

By Insurance
What Is EPLI, and Why Is It Important to Your Business? Work-related lawsuits are on the rise, and a single claim against your company could be financially devastating if you’re not adequately insured. Employment practices liability insurance (EPLI) Employment lawsuits have jumped 400% in the past 20 years. In Read More

Who is responsible for driving my vehicle?

By Insurance
When you let a friend borrow your personal truck to run to the home improvement store to pick up some materials, are they covered if they get into an accident? If you hire a new employee at your business and allow them to drive your company owned auto to run to the bank to make […]Read More