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How a Liability Claim Can Ruin Your Business – And How to Protect Yourself

Property Insurance Centre

How a Liability Claim Can Ruin Your Business And How to Protect Yourself No matter how well you run your business, a single liability claim can have devastating consequences. Whether you’re a small business owner, contractor, or entrepreneur, understanding liability risks is crucial for survival.

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Navigating the Turbulent Waters of Casualty Insurance: Insights from Industry Experts

Zywave

He highlighted the bifurcated nature of the market, with profitability in workers’ compensation being offset by severe issues in general liability and auto lines. He noted that while the workers’ compensation market remains competitive, general liability, auto, and excess lines are increasingly difficult to place.

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5 Best Practices for Effective Claims Reviews

Risk Management Monitor

With the cost of insurance for businesses rising across many types of coverage, staying on top of trends in the claims portfolio is more important than ever. For this reason, many insurers and TPAs promise to conduct claims reviews with their business customers on a regular basis, but the rigor can vary greatly.

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How Do You Know What Commercial Insurance Products Your Business May Benefit From?

Paragon Independent Insurance Agencies

It helps cover accidents, repairs, and liability claims, ensuring your business isn’t financially burdened by unexpected incidents. Beyond vehicle coverage, you may also need general liability insurance, which protects against third-party claims for injuries or property damage during business operations.

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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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Insurance for Apartment Building Owners: Protecting Your Client’s Investments With the Right Coverage

Distinguished

And with rising property values, more frequent catastrophic weather events, and emerging risks like habitability claims, its never been more critical to help your clients navigate their insurance options. What Kinds of Claims Get Made in Apartment Buildings As a team, weve seen all kinds of claims related to apartment buildings.

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Top 6 Insurance Policies Every IT Business in California Should Have

Jackson & Jackson

Professional Liability Insurance (Errors & Omissions Insurance) For IT consultants, developers, or tech startups, mistakes can happen. Professional Liability Insurance protects your business against claims of negligence, errors, or omissions that result in financial losses for your clients.