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General Liability Insurance, Home Healthcare Practice

The Lethal Flaw Contained in The Professional Liability Insurance for Home Healthcare Agencies

Over 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 their home healthcare aides. It’s critical that you choose an insurance brokerage firm that specializes in the home healthcare agency space … Continue reading The Lethal Flaw Contained in The Professional Liability Insurance for Home Healthcare Agencies →

Cyber Liability Insurance, Employers Practice Liability Insurance, General Liability Insurance, Human Services Practice Group Content, Line of Insurance

Understanding Your Commercial General Liability Insurance Will Absolutely Save Your Business From Financial Ruin

Most 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 those commercial general liability insurance limits for their comparison when making their purchase decision. We are here to tell … Continue reading Understanding Your Commercial General Liability Insurance Will Absolutely Save Your Business From Financial Ruin →

Commercial Property, General Liability Insurance, Marketplace News, New York, Real Estate Practice Group, Risk Management

Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos

Are 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 times”. If you’re an owner of commercial or residential real estate, especially … Continue reading Why Property & Liability Insurance Cost So Much for Apartment Buildings , Co-Ops , Condos →

Captive, General Liability Insurance, Line of Insurance, Risk Financing, Risk Management, Risk Transfer, Workers Compensation Insurance

Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program

In 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, & commercial auto insurance. As I write this the country and the world are about to exit the covid pandemic. If … Continue reading Why Current Economic Conditions Are Perfect To Restructure Your Insurance Program →

Captive, Line of Insurance, Practice Groups, Risk Financing, Risk Management, Risk Transfer

Reduce Costs At Scale By Restructuring Your Commercial Insurance Program

Have 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 insurance rates? Too often business owners are chasing the wrong rabbit. They think that by purchasing their commercial insurance for less than … Continue reading Reduce Costs At Scale By Restructuring Your Commercial Insurance Program →

Captive, Line of Insurance, Practice Groups, Risk Financing, Risk Management, Risk Transfer

What Is The Cost To Run A Captive Insurance Program?

How 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 is zero, but when we tell business this they’re left in shock.  After we walk them … Continue reading What Is The Cost To Run A Captive Insurance Program? →

General Liability Insurance, Risk Financing

What’s The Difference Between a Deductible & Self-Insured Retention In Your Commercial General Liability Policy?

With 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 you some direction BEFORE you pick the insurance program structure for your commercial general liability policy. Difference … Continue reading What’s The Difference Between a Deductible & Self-Insured Retention In Your Commercial General Liability Policy? →

Construction Practice Group Content, General Liability Insurance, Workers Compensation Insurance

Construction Manager Vs. General Contractor- What Is The Difference?

Your 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 between a General Contract (“GC”) and Construction Manager (“CM”), their difference in operations, and in turn … Continue reading Construction Manager Vs. General Contractor- What Is The Difference? →

Cyber Liability Insurance, Risk Management, Risk Transfer

New York Department of Financial Services Warns Businesses Who Use “Instant Quote” Software of Targeted Cyber Attacks

The 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 regulated entities of successful or attempted data theft from websites that provide instant quotes to the end-user.  All … Continue reading New York Department of Financial Services Warns Businesses Who Use “Instant Quote” Software of Targeted Cyber Attacks →