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Fire-Damaged Cannabis Grower Loses $1.3 Million Business Income Loss Claim

Insurance Journal

million in claimed business income losses after a building fire damaged almost 1,000 of its marijuana plants and shuttered one of its “flowering” rooms. A cannabis growing company has lost its bid to have its insurer cover $1.3 A federal …

Damage 246
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What Perils Are Covered by Commercial Property Insurance?

Property Insurance Centre

Commercial property insurance is essential for businesses to protect their assets from unforeseen events. Whether you own an office building, a retail store, a warehouse, or a manufacturing facility, this type of coverage safeguards your physical assets, ensuring financial stability in the face of damage or loss.

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Is the Indemnity Period long enough

Prof. Allan Manning

In the claims we are handling we are seeing more and more that the Indemnity Period runs out before the business returns to normal. The shortage of builders and building materials. This is due to a number of issues including but not limited to: Inordinate delays by local councils granting approvals.

Claim 130
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Insurance Considerations When Expanding Your Business to a New Location

Mark Jackson Insurance Agency

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

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A Comprehensive Guide to Understanding Commercial Property Insurance

Protect Commercial Insurance

Types of Coverage Available Commercial property insurance usually provides several types of coverage, allowing businesses to tailor policies to their precise requirements: – Building Coverage : Protects the physical structure of your business, including fixtures and fittings.

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

Distinguished

Slip-and-fall incidents: High foot traffic in dining areas and restrooms increases the risk of customer or employee injuries, which can lead to costly liability claims. Employee-related risks: Claims of wrongful termination, discrimination, or harassment can arise, particularly in high-turnover environments like restaurants.

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Building Successful Insurance Referral Partnerships: A Guide for Brokers

Protect Commercial Insurance

From property damage and liability to business interruption cover, clients get everything under one roof. – Speed and Efficiency : Dealing with complex commercial property insurance claims becomes easier when partners streamline processes and expedite responses. . Heres how you can keep your collaboration thriving.