Business Flood A Small Amount of Water Can Lead to Big Damage Floods are the costliest natural disaster in the U.S., causing billions in damage annually to hundreds of thousands of businesses and homes. The average business flood claim is $90,0001—it only takes a few inches of water to cause major damage. Who Needs Business…
Business Liability Even Minor Mishaps Can Lead to Big Lawsuits As a business owner, it’s important to have liability insurance to protect your assets. Taking these proactive steps can lower the potential cost of liability insurance claims for you and your business: How Much Coverage Does Your Business Need? Several factors contribute to the amount…
It should come as no surprise that the insurance industry is also being reshaped by the rapid evolution of AI. As these changes accelerate, insurers are confronting a fundamental question that, until recently, had not been a significant or widespread concern: How should insurance respond when AI causes or contributes to a loss? Insurers are…
Subcontractor Default Insurance (SDI) is an innovative insurance policy designed to protect general contractors and project owners from the financial impact of subcontractor defaults. Since its debut in 1995, SDI has become a trusted solution for managing subcontractor risk. Why Choose SDI? Top-tier fleets are being affected by: Comprehensive Protection: SDI covers both direct and…
America’s Boating Club: Boat Insurance Program One of the many benefits of membership in America’s Boating Club (ABC) is the official ABC Boat Insurance Program, available exclusively to dues-paying members. Since 1988, we’ve been providing ABC members some of the best service, reliability, and coverage in the industry. Types of Surety Bonds The Boat Insurance…
Commercial Insurance Claims Innovative solutions to help mitigate risk so you can focus on managing your business. Report a Business Insurance Claim Rely on us to help with filing your business insurance claim. Please share the information below with us, and we’ll be in touch within two business days. If you have questions or need…
How do you prepare your business to weather the potential damages hurricanes can cause? The good news is that a relatively small investment of time and money now may prevent severe damage and disruption to your business down the road. Here’s a checklist to get you on the right track. 1. Know your building’s vulnerability…
Combining Tax Insurance and Business Interruption Insurance To Achieve Tax Credit Qualification and Quantification Certainty It’s hard to believe that more than a year has passed since the Inflation Reduction Act (IRA) was signed into law. The climate-related impacts of this sweeping legislation are certainly already being felt. Significant investments from a broader investor pool are…
In this client alert, we summarize the new cybersecurity disclosure requirements in the final rules and suggest ways to prepare for compliance with the new requirements from an insurance perspective. While companies will need to review their D&O, cyber, and crime bond insurance policies, this client alert will focus on cyber insurance considerations. On…
Flooding events are happening everywhere, not just along the coast or in what were once considered high-risk flood zones. In 2025 alone, devastating floods hit places as geographically diverse as New York, Texas, Kentucky, and North Carolina, many of which aren’t traditionally considered flood-prone areas. Moreover, flood season is year-round. From snowmelt and stalled weather…