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Restaurant Insurance in Charlotte, North Carolina: A Broker’s Guide

Distinguished

However, for insurance brokers, the wide spectrum of restaurants represents both a challenge and an opportunity. Equipment breakdown: A sudden breakdown of refrigeration units, ovens, or HVAC systems can result in both operational disruptions and financial losses for a restaurant.

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How a Cyber Attack Could Show Up in Your Snail Mail

ProWriters

They could use this data themselves in further cyber attacks, including identity theft and phishing campaigns. It provides vital assistance in recovery efforts after a cyber incident, as well as critical protection against financial losses. Register as a ProWriters broker to get started.

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What Your Clients Must Know About Cyber Insurance War Exclusions

ProWriters

Cyber Insurance war exclusions can leave businesses vulnerable to financial loss. China’s quest for “independence from the West” has led it to conduct state-sponsored campaigns of “cyber espionage and intellectual property theft,” Lior Div told cyber security firm ExtraHop.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients. Business property insurance protects your physical assets against risks like fire, theft, or natural disasters. One oversight could lead to costly lawsuits.

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Can Both the Contractor and Property Owner Be Named Insureds on a Builder’s Risk Policy?

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Financial Interest and Named Insureds In a typical Builder’s Risk policy , the named insured is the entity that has a financial interest in the construction project. This could be the contractor, developer, or property owner, depending on who stands to suffer a financial loss if the property is damaged during construction.

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5 Essential Considerations for Insurance When Buying or Investing in Commercial Property

Jackson & Jackson

It covers the physical structure of your building and its contents against fire, theft, and some natural disasters. Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. Liability Insurance Liability insurance is essential for any commercial property owner.

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Builder’s Risk Insurance Declinations: An Interview With Susan DeCarlo

Distinguished

Loss experience. We can consider weather related claims, but claims of theft, vandalism, and fire, for example, would be an automatic decline. If we are comfortable with our exposure, we may consider increasing the AOP deductible and the theft deductible , depending on the underwriting analysis. Another factor would be security.

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