The Lethal Flaw Contained in The Professional Liability Insurance for Home Healthcare Agencies
General Liability Insurance, Home Healthcare PracticeOver the years we have seen, the mistakes home healthcare agencies make when they purchase their home healthcare agency liability insurance, their professional liability insurance for home healthcare, agencies and workers compensation to protect…
Understanding Your Commercial General Liability Insurance Will Absolutely Save Your Business From Financial Ruin
Cyber Liability Insurance, Employers Practice Liability Insurance, General Liability Insurance, Human Services Practice Group Content, Line of InsuranceMost businesses who purchase commercial general liability insurance have little understanding of how it’s structured and what is important. Instead they focus on the amount of limits offered per occurrence and the premium being charged for…
Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos
Commercial Property, General Liability Insurance, Marketplace News, New York, Real Estate Practice Group, Risk ManagementAre you wondering why the renewal for your apartment building insurance for your rental building, Co-op or Condo has gone up by north of 20% ? This little primer might help explain why. The Chinese have a proverb, “may you live in interesting…
Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program
Captive, General Liability Insurance, Line of Insurance, Risk Financing, Risk Management, Risk Transfer, Workers Compensation InsuranceIn our opinion, there is no better time to consider alternative risk transfer as a strategy to get more cost-efficient with respect to your current commercial property insurance, commercial liability insurance, workers compensation insurance,…
Reduce Costs At Scale By Restructuring Your Commercial Insurance Program
Captive, Line of Insurance, Practice Groups, Risk Financing, Risk Management, Risk TransferHave you ever wondered how utilizing captives, a high deductible insurance program, alternative risk transfer, self-insured retentions, or retrospective rating plans could further reduce your commercial insurance costs off your already low commercial…
What Is The Cost To Run A Captive Insurance Program?
Captive, Line of Insurance, Practice Groups, Risk Financing, Risk Management, Risk TransferHow much does it cost to start and run a captive insurance company? It’s the most frequent upfront question we get from organizations that are looking at starting their own captive insurance company for their organization. The short answer…
What’s The Difference Between a Deductible & Self-Insured Retention In Your Commercial General Liability Policy?
General Liability Insurance, Risk FinancingWith respect to your commercial general liability insurance policy; choosing between a high deductible or self-insured retention can have a major impact on your competitive position as your business competes on the street. We we want to give…
Construction Manager Vs. General Contractor- What Is The Difference?
Construction Practice Group Content, General Liability Insurance, Workers Compensation InsuranceYour operations are as a General Contractor, but the contract you are looking to enter (or have entered) references to your organization as a Construction Manager. Is there an issue here?
Although at first glance you may see similarities…
New York Department of Financial Services Warns Businesses Who Use "Instant Quote" Software of Targeted Cyber Attacks
Cyber Liability Insurance, Risk Management, Risk TransferThe New York Department of Financial Services (DFS) has issued a cybersecurity fraud alert to all of its regulated entities, describing a "systemic and aggressive" campaign to steal consumers' private data.
The DFS has reported from several…