Uh Oh! You have a product recall!
Product recalls can be devastating not only for a manufacturer, but also for its wholesaler-distributors. While the manufacturer is usually held liable for injury resulting from a defective product, any seller of the product can also be held responsible in the United States under tort liability. Certain circumstances heighten a wholesaler-distributor’s risk: When it provides…Read More
Construction Trends – How to Mitigate the Risks
In recent years, the construction industry has faced various ups and downs, largely brought on by fluctuating consumer behaviors, material procurement struggles and project delays amid the COVID-19 pandemic. Yet, the sector has still managed to promote economic growth. According to the latest industry data, the construction sector saw approximately $1 trillion in total gains…Read More
Risky Business for Retailers
Risk assessments can help prevent accidents, improve overall safety performance and, ultimately, save money. As an employer, it is important to carry out risk assessments for all work-related tasks your employees complete. Risk assessments are simple—just walk around all areas of your store, noting what might cause harm. Talk to your employees about their health and…Read More
Help…I need a certificate now!
Now, more than ever, businesses need access to their insurance information 24/7. It’s happened to every business … you’re working after hours, and you really need a certificate of insurance to wrap up the paperwork and bring in a new client. But your insurance broker is closed. Or an employee needs a new Auto ID…Read More
Safety Tips for Extreme Driving Conditions
The weather can be unpredictable and can create extremely hazardous conditions on the road. These extreme conditions make driving dangerous and require special safety precautions. Your safety is important, so whether you drive on company time or personal time, observe these safety tips when driving turns difficult. Rain, Thunderstorms and Tornadoes Turn your headlights, wipers…Read More
Common Types of Construction Insurance
As contractors, it’s important to understand what types of insurance your business should have and why. You work hard – make sure you’re properly covered for unforeseen circumstances that could harm your business. Check out this list of recommended insurance policies: Workers’ compensation—Workers’ compensation covers work-related employee injuries or illnesses. While injuries are infrequent, they…Read More
Risk Exposures for Landscaping Companies
Creating beautiful outdoor areas can be rewarding work, but running a landscaping business also brings its challenges. Besides obvious concerns like the weather, landscape contractors need to consider their risk exposures. While some of these are similar to those encountered by other contractors, landscaping also has its own set of unique risk exposures. Let’s take…Read More
Covered on Campus – Protecting Your Student at College
It’s the time of year when we start sending our children off to college, and there are seemingly hundreds of details to be attended to, from class schedules to roommates to new computers to be purchased. Add in the emotion of the moment (especially if it’s the first time) and it can all be a…Read More
Storm damage? What’s covered?
Every year, storms are responsible for felling countless trees and limbs. Unfortunately, some of those fallen trees damage homes and other property. Cleaning up the damage from a storm can be a difficult task, both physically and emotionally, and things can become especially tense when you discover that it’s your neighbor’s tree that damaged your…Read More
Commercial General Liability Insurance Trends
The general liability market has consistently underperformed for insurance carriers in recent years. As claims have increased in frequency and severity, insurance carriers have responded by tightening underwriting standards, deploying less capacity and seeking rate increases. Despite recent trends, carriers have begun to see some improvement in general liability results. In 2022, it’s predicted that…Read More