Most successful companies reach a point where their balance sheet becomes their greatest untapped asset. Yet, they continue to buy insurance the same way they did when they had only five employees. If you are still using “First-Dollar” plans, you aren’t just buying insurance—you’re overpaying for risk you’ve already outgrown. Key Takeaways: From “Buyer” […]
As a mid-market CEO or CFO, you probably feel like you’ve squeezed just about everything you can out of your cost structure. You sharpen bids. You negotiate with suppliers. You manage labor down to basis points. Yet every year, one line item refuses to behave: your commercial insurance program. You ask your broker to “shop” […]
As we approach the close of 2025, one of the most defining commercial real estate insurance trends has settled into a distinct—and somewhat disorienting—pattern. If you are a real estate owner or operator reviewing your portfolio this quarter, you are likely seeing a tale of two markets. On one hand, the property market has finally […]
In the construction sector, the distance between a profitable year and a catastrophic loss is often measured in inches—or in fine print. As we look toward 2026, the margin for error is shrinking. Construction business leaders are currently operating in a pressure cooker. According to the 2025 C-Suite Stress Index by Sentry, 67% of business […]
The commercial insurance landscape is often slow to change, relying on decades of data to predict future losses. Cyber insurance, however, does not have that luxury. It is a sector in its relative infancy, sprinting to keep pace with a threat environment that evolves daily. While cyber coverage has technically existed since the late 90s, […]
It’s a frustratingly familiar scenario for New York property owners. You’ve optimized your rent roll, managed vacancies, and kept a tight grip on operating expenses. By all accounts, your Net Operating Income (NOI) should be stable and predictable. Then, the insurance renewal package lands on your desk. You see another spike in your premiums, and […]
For most New York residential owners and operators, independent contractors are just part of doing business. Masonry, roofing, plumbing, unit turns—there’s always another project, another 1099, another COI to track. The problem is that what feels like routine maintenance can quietly snowball into a workers’ comp audit that becomes a major setback in your portfolio’s […]
The continuing growth and integration of Artificial Intelligence into business operations—from automated customer service agents to advanced decision-making systems—promises unprecedented efficiency and cost reduction. However, as these tools become ubiquitous, the insurance marketplace is signaling a critical pivot. The safety net businesses have traditionally relied upon is being redesigned in real-time as insurers aim to […]
(The factual summary in this article is based in large part on a contribution from Richard Landau of Jackson Lewis.) A new set of amendments, enacted on October 25, 2025, will soon introduce significant changes to the Earned Safe and Sick Time Act (ESSTA) and the Temporary Schedule Change Act (TSCA). While the TSCA requirements […]