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

Property Insurance Centre

From financial losses to reputational damage, legal battles, and even the risk of shutting down, the impact can be severe. Whether you’re a small business owner, contractor, or entrepreneur, understanding liability risks is crucial for survival. This means your personal assetshome, car, and savingscould be at risk.

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The latest reports from FBI and ITRC reveal that cyber incidents in 2023 broke records for financial loss and frequency.

Triple-I: Business Insurance

Meanwhile, supply-chain attacks increased, and weak notification frameworks further increased cyber risk for all stakeholders. Email compromise, cryptocurrency fraud, and ransomware increase In addition to record-high financial losses from cybercrimes overall in 2023, the report revealed trends across crime methodology and targets.

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

Distinguished

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. Contaminated food: Even the most diligent restaurants run the risk of food contamination leading to customer illness, which can leave them vulnerable to lawsuits.

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Important Times to Use Surveillance in Workers’ Comp Claims

AMAXX

Large claims can have significant long-term impacts on premiums, experience modification factors, and overall workers’ compensation costs. Without concrete proof of disability, substantial payments based merely on assertions or incomplete medical reports could lead to unwarranted financial losses.

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

Distinguished

We sat down with Distinguished’s Builder’s Risk insurance expert, Susan DeCarlo, to discuss common factors that can lead to declinations in our program, how to avoid them, and key risk considerations. So, for example, on a new build if they’re 30 to 60 days in, we can consider that risk.

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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. Without the right coverage, property owners could be exposed to significant financial and legal risks.

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How the Climate Crisis is Impacting the UK Property Insurance Market

Property Insurance Centre

Flooding, storm damage, and subsidence were major contributors to these claims, with homeowners and businesses alike suffering significant financial losses​ CityAM AXA UK home page The Growing Cost of Flood Damage Flooding continues to be one of the most significant risks facing UK property owners.