With the Internet and technology expanding every day, more and more people are building home businesses. However, a homeowners policy will not cover the risks of these businesses in most cases. The only hope homeowners have of receiving any compensation is if their policies have special endorsements. For example, a homeowner who has a policy…Read more
Does Your Board Have D&O Insurance?
Are you a board member for a non-profit or business? Pending litigation involving Richmond based Health Diagnostic Laboratory Inc illustrates the importance of Directors and Officers Liability insurance (D&O Insurance). Some of the directors and officers of HDL who are facing potential lawsuits will be able to access proceeds from a $10 million insurance policy…Read more
Does My Insurance Policy Cover Riot Damage?
Civil unrest can occur anywhere – from big cities to a small-town community. Looting, theft, and vandalism are possible in the midst of the mayhem. But if something happens to your home or business as a result – will your homeowners’ insurance or business insurance cover it? Homeowners Insurance Standard home insurance policies are in…Read more
Cyber Liability Insurance
Research indicates that 75 percent of data breaches occur at small and medium-sized businesses, and that ninety-five percent of these data breaches are caused by hackers, rogue employees, or the loss or theft of equipment. And you don’t need to be a high-tech company to be susceptible to a damaging data breach. Any business, of…Read more
Commercial Umbrella Insurance
Slips, falls, false advertising and personal injury claims. And more. Your business faces the risk of being sued every day—even if you never do anything that causes harm. In our litigious society, you face being sued just by being brave enough to open your doors. But you also can protect yourself, your business and your…Read more
Professional Liability Insurance
Professional liability insurance, or errors and omissions (E&O) insurance, is a type of coverage that protects certain individuals and corporations that provide professional services to their clients. For insurance purposes, “professionals” are defined as those who have special knowledge or skills in a certain area and who use those skills or knowledge to provide advice…Read more
Insurance for CrossFit Health Clubs and Yoga Studios
With the holidays approaching, it is a great time to think about personal fitness and health. According to WebMD, most Americans never lose the weight they gain during the winter holidays. Even if this is just a pound or so every year, those add up over time. Sure, joining a gym is easy enough, but…Read more
Commercial Transportation Insurance
Any business that has a large fleet of vehicles, or even just one vehicle used for business, needs some type of commercial auto insurance. Commercial transportation insurance, or business auto insurance, is like your personal auto insurance policy but it covers trucking, charter buses, specialized transport, construction equipment, vehicles for hire, waste and refuse hauling,…Read more
Special Event Insurance and Unique Risks
Fall is nearly here again! Football and tailgating are back, as well as the beautiful foliage that the east coast offers every year. Pumpkin patches, corn mazes, and fall festivals are always fun to attend in the fall as well. While many people enjoy these events, it can be stressful to find proper insurance for…Read more
Data Breach Insurance
Breaches involving customer information and data have been common news stories as of late. Major chains including retailers and restaurants have been victims of recent security breaches. This may have affected you personally by having to change credit/debit card numbers or your passwords. But, have you considered how it might affect you professionally if you…Read more
