If your contracting or subcontracting business has not only survived but thrived during the three years of the COVID-19 pandemic, Surety bonds probably are not a top-of-mind concern for you — at least when it comes to private construction projects. But if you’ve struggled with payment, cash-flow or employment issues…
When it is non-existent or poorly executed, risk management becomes the subject of intense scrutiny, especially when a municipality or public entity is assigned responsibility for an occurrence resulting in widespread damage or singular tragedy. “How did this happen?,” we demand to know. “And who is to blame?” From natural…
Step back from all the misery the COVID-19 pandemic has caused, including worker shortages and supply chain disruption. Take a good look at all the insurance challenges a years-long hard market for Property and Casualty coverage has created. Scan the landscape of damage from a multi-year series of catastrophic events…
If you’re looking for good news amid the ever-increasing threat of cyber attack, escalating ransomware demands and Cyber Liability Insurance rate hikes, here it is: Despite all the bad news, ransomware coverage is still available to most businesses through major insurance carriers. This was hardly a given. As homeowners in…
When you accept an invitation to join a private organization’s board of directors, you might not realize that your activities as a current or former member could include fending off a lawsuit. Before you accept that invitation, ask whether the board is protected by Directors and Officers Liability Insurance, known…
A couple of years ago, a Texas company providing services to support the drilling and production of oil and gas wells had a problem. Its driver-safety record had become so troublesome that the state Department of Transportation had slapped it with the DOT’s poorest rating, and the company’s Commercial Auto…
There was a time that the objective of purse snatchers was to obtain the bags’ contents. These days, thieves are more likely to want the accessory itself, particularly if it’s a designer handbag. And if the thieves think you may have more where that came from, they may be willing…
As a business owner or human resource professional, you’ve been through two years of pandemic-related regulations, adaptations and frustrations. Over the past couple of months, you’ve managed open enrollment for employee benefits amid a resurgent wave of COVID-19 infections and HR legislation, all while assisting colleagues with their demands and stresses — pandemic-related and otherwise. Now a new…
If the past two years have taught us anything, it’s the value of preparing for the unexpected. Those who are able to be flexible and meet changing market conditions have a greater chance of success in times of stress and change. So, with that in mind… What do we see…
If you have experienced a homeowner claim, waiting for the insurance claims process to complete can feel like forever. Timelines may differ between insurers or claims, and the process can go faster in some cases than in others. Waiting can be frustrating, but it can be helpful to understand what…
