ARTICLES ABOUT COMMERCIAL-INSURANCE

In the ever-evolving landscape of the insurance industry, we find ourselves in the midst of what experts refer to as a "hard market." This term is indicative of a phase where insurance companies — face increasing financial pressures, which prompts them to reevaluate their approach to risk…

At Rathbun Insurance, we understand that traversing the world of insurance can be complex and overwhelming. In this blog, we'll shed light on the crucial difference between underwriting decisions and coverage decisions. By the end of this article, you'll have a better grasp of these fundamental…

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 to policy requirements — New coverage…

In today's digital age, where businesses heavily rely on technology, the threat of cyberattacks looms larger than ever before. While companies have been diligently investing in cybersecurity measures to safeguard their assets, one often overlooked aspect of protection is Business Interruption (BI)…

Workplace safety and security are non-negotiable priorities for businesses of all sizes. When it comes to protecting your employees and your company's assets, one designation stands out as a beacon of expertise – the Certified Authority on Workers' Compensation (CAWC). These professionals are the…

In a groundbreaking decision, the Michigan Supreme Court delivered a landmark ruling that promises to reshape the terrain of premises liability cases. The ruling, arising from the consolidated cases of Kandil-Elsayed v. F & E Oil Inc. and Pinsky v. Kroger Co. of Mich, Docket Nos. 162907 and 163430,…

Cyber liability insurance won’t prevent a hack, but it will help you recover from one. There are two main types: — First-party coverage, which responds to losses resulting from cyberattacks on your business network — Third-party coverage, which responds to cyberattacks on others’ systems or…

When you purchase a commercial insurance policy, you are making an investment in protecting your business. Commercial insurance policies are designed to cover a wide range of risks that businesses face, including property damage, liability, loss of income due to unexpected events and more. — To…

As a business owner, it's crucial to stay informed about the ever-evolving legal landscape that can affect your operations. The Pregnant Workers Fairness Act (PWFA) is a recent law designed to ensure that pregnant workers receive reasonable accommodations to address limitations related to pregnancy…

As a contractor, you may find yourself juggling multiple projects, managing clients, and ensuring that the work gets done efficiently and safely. In the midst of all this, it's crucial to have a comprehensive understanding of workers' compensation insurance and its significance for contractors in…