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Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property

The Property Insurance Law Observer

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

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How Partnering With a Cyber Insurance Broker Protects Your Clients

ProWriters

They Don’t Understand What Cyber Insurance Offers Many business owners believe Cyber Insurance policies aren’t worth the expense because they don’t provide much coverage. Find the Right Cyber Insurance Policy by Partnering with ProWriters The evolving cyber risk landscape poses significant threats to growing businesses.

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Maximise Your Business Growth: 4 Essential Tips to Secure Your Commercial Tailors Insurance

Protect Commercial Insurance

Property insurance can protect these assets from damage or loss due to fire, theft, or other covered perils. General Liability Insurance General liability insurance is essential for any business, including tailors. Product Liability Insurance As a tailor, you create and sell products to your customers.

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How To Save Money On Your Commercial Insurance

Protect Commercial Insurance

Here’s a quick look at some of the most common types: – Property Insurance: This protects the physical premises and equipment of your business against damage or loss due to events like fire, theft, or natural disasters. Here’s how you can make the most of these savings opportunities.

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Save Money on Small Business Insurance in California

Jackson & Jackson

For example, businesses in California’s earthquake-prone areas may consider adding earthquake insurance to their policy to protect their property from potential damage. Companies that rely heavily on technology and data storage may also benefit from cyber liability insurance to safeguard against data breaches and cyberattacks.

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The Evolution of Commercial Insurance: Key Trends to Watch in 2025

Protect Commercial Insurance

With data breaches, ransomware, and cyber espionage on the rise, cybersecurity has become a critical focus for companies worldwide. The year 2025 sees the sophistication of these threats reaching new levels, affecting companies of all sizes. Insurers must invest in robust data protection strategies to keep up.