ARTICLES ABOUT COMMERCIAL-INSURANCE

Your commercial insurance policy has “aggregate limits” on how much the insurance company will pay during the policy’s term. If you suffer multiple calamities in a short time, you could run out of coverage. — Aggregate limits apply to any insurance policies you have. Understanding the risks…

Everyone makes mistakes. Even when you fulfill your contractual obligations, clients may be unhappy. The reality is that lawsuits happen, regardless of your actions. — Risk mitigation is critical to preventing professional liability claims. To avoid confusion later, adopt recordkeeping and…

You’ve been invited to serve as a director or officer on the board of a corporation or nonprofit. This is an exciting opportunity that also comes with potential liability exposures across several areas, including employment and fiduciary liability. — Nonprofits and corporations have unique risks.…

The clock is ticking. At the start of 2025, many businesses will be required to follow new cybersecurity reporting requirements under the Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA). — These requirements will apply to all entities operating within 16 critical infrastructures…

As a homebuilder, you count on your insurance to financially protect you in case of a claim, but are you aware of what your policy doesn’t cover? — Whether problems arise from your work, a subcontractor’s work or faulty materials, the homeowner will most likely turn to you for a resolution.…

It's hard to overstate the importance of liability insurance to your business. The right liability insurance protects against injury and property damage claims that can cost millions. — How liability insurance works — Liability insurance defends your company against lawsuits and third-party claims…

No matter where you go, people need to go. You may need to rent portable toilets and sanitation stations for things like: — Weddings and parties — Commercial events — Residential events — Workplace events — Fundraisers — Disaster relief and cleanup — Emergencies — Rental companies typically offer…

Fraudsters superpowered with artificial intelligence (AI) are quickly becoming a reason to be skeptical of nearly everything, including wrong numbers and telemarketers. — In a new phone scam, fraudsters steal a sample recording of your voice and use it to fake your identity. The scam goes like this…

In the past, contractors didn’t need to be concerned about professional liability insurance. It was traditionally carried by architects, engineers and other design professionals for errors and omissions. But these days, construction companies must consider this coverage to complement their general…

A fire extinguisher is a very effective tool for putting out a fire that is just getting started. Knowing how to properly use an extinguisher reduces the risk of a larger fire developing and destroying your workplace or home. And if you’re caught on the fire side of an escape route, an extinguisher…