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Don’t Overlook Equipment Breakdown Insurance

Imagine it’s a typical July day. You own a 30,000-square-foot office building that is 85% occupied. And the air conditioning and ventilation systems stop working. The outside temperature is in the 90’s and the humidity is high. It doesn’t take long before the tenants start to complain. The contractor you summon determines that an electrical

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A New Approach to Preventing Workplace Injuries

While overall workplace injuries have been falling in the last decade, the numbers of deadly and catastrophic injuries are actually on the rise. A new report recommends that employers focus their injury prevention efforts on reviewing accidents that could have resulted in serious injury or death, as well as on near misses, where a potentially

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Does Business Interruption Insurance Cover Partial Shutdown?

What happens if your business suffers property damage or a supply chain disruption and is forced to stop operations either fully or partially? Will your insurance cover the work stoppage or slowdown? It is important to understand how your insurance can protect you from the resulting financial loss. In addition to potential recovery for property

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Safety Risks Soar as Job Market Tightens

One by-product of a strong economy is more employment, but the increased activity usually results in more workplace injuries. That’s because there are more inexperienced people on worksites and when a company is busy and there is more activity, the chances of an incident occurring also increase. This is especially the case in manual labor

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Limiting Your Liability During the Company Holiday Party

With the fallout from the #MeToo movement forcing employers to change their internal conduct policies, they are also reassessing the office holiday party. While gatherings can be a good time for your staff to mingle casually with their colleagues and clients, they can also prove to be a liability for businesses – particularly if you

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D&O Coverage: Protection against Ransomware Attacks?

It’s a nightmare scenario for business owners. Employees log in to their workstations and attempt to access the usual systems, expecting to find customer reports. Instead, they find a message demanding money. If the business wants to regain access to its software and data, it will have to pay a ransom. Until then, it is

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Use Technology to Prevent Losses and Manage Your Risk

Businesses are discovering that smartphones and tablet computers, besides being distractions for their employees, can also help them better manage their risks. An increasing number of applications for these devices – matched with other technologies – can help businesses prevent losses, reduce the chances of workplace accidents and manage their risks. Mobile devices can now

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Preventing Warehouse and Factory Fires

One of the biggest risks to warehouses and production facilities is fires, which can spread rapidly in these environments. Facilities that are most at risk are those that have high ceilings, large footprints and hold large quantities of inventory that is stored close together. Once a fire starts in that kind of setting, it’s difficult

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Why Your Business Needs an Umbrella Liability Policy

If you own a business or commercial property, consider how easily you could absorb events like these: You own an apartment building with a porch that does not have railings. One of your tenants falls from it, and recovery from her injuries requires months of physical rehabilitation. A court awards her $3 million. The poorly

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