Skip to main content

Insurance News

  • Keyword

  • Category

A graphic with a photo of a food factory and entitled 'Michael Lieberman's Food For Thought: Food Brands and Co-Man Risks'

Food for Thought Episode 3: Food Brands & Co-Man Risks

Food product entrepreneurs need to beware of the potential risks they face when partnering with co-manufacturers, co-packers and toll processors. One-third of food manufacturers don’t own their own plants. According to Melissa Facchina, CEO and founder of SIDDHI Operations, a Brooklyn, N.Y.-based firm that provides operational and capital backing to...
Read More
January 26, 2021
A photo of Michael Pearl and a background of specie.

Producer Spotlight: Michael Pearl

As the Precious Metals, Fine Art, Jewelry & Specie Practice Leader at Foa & Son, Michael Pearl prides himself on exceptional customer service. What's his secret? For Michael, applying specialized expertise helps create unique solutions for his clients.  After graduating from the University of Colorado with a Bachelor's degree in...
Read More
January 26, 2021
A graphic of a hooded figure among software code and entitled 'Michael Lieberman's Food for Thought: Cyber Risk'

Food for Thought: Cyber Risk

A cyber attack targeting a food and beverage distribution business could shut down the entire operation, costing thousands of dollars in lost revenue. The recent hack of U.S. government agencies’ computer systems demonstrates that even the most fortified IT systems can be breached.  But food and beverage businesses that have...
Read More
January 7, 2021
A graphic of bar charts indicating ratings across industries and entitled 'Section 1: Key Industry Ratings'

2020 Market Trends Report

Our exclusive Market Trends Report is here! This proprietary analysis provides exclusive ratings to help insurance buyers more fully understand the impact of market conditions on their insurance costs, terms, conditions and overall availability. Our report finds that insurance market volatility shows no sign of abating any time soon. With...
Read More
December 17, 2020
A graphic of a macro photo of snowflakes and entitled '2020 Year in Review'

Foa & Son Pivots to Digital in 2020

Relationships are key to the insurance business. So when Covid-19 made in-person meetings rare, our team worked to maintain our commitment to our clients. Throughout the year, we found exciting ways to engage through the digital realm. At Foa & Son, we dedicate ourselves to providing expert guidance through good...
Read More
December 17, 2020
A graphic with an overhead view of the front of a cargo ship and entitled 'Michael Lieberman's Food for Thought: The Cold Chain'

Food for Thought: The Cold Chain

Cold storage has become a hot topic during the pandemic as vaccine manufacturers address the logistics of storing and shipping frozen vials to points of vaccination, but the food industry has long been concerned with the integrity of the “cold chain”. Because of their cold storage needs, all types of...
Read More
December 10, 2020
A photo of gold rings on a computer keyboard.

Pandemic Creates E-commerce Risks for Jewelers

By Michael Pearl -- As more and more sales move online in response to pandemic-related retail store closures, jewelers should beware of the potential for cyberattacks and other e-commerce-related risks. Theft-in-transit claims are also on the rise as jewelers ship these online jewelry purchases to buyers, making them susceptible to...
Read More
October 20, 2020
A photo of a family office.

Family Offices Face Cyber, Operational Risks

By Kevin Foley -- While wealthy families may seem powerful, they are vulnerable when it comes to cybercrime. At least 28% of family offices have been targets of cyberattacks, according to Campden Wealth, a leading provider of information, education and networking services for generational family business owners and family offices...
Read More
September 15, 2020
An aerial photo of marine cargo containers at a harbor.

Throughput Policies Give Retailers End-to-End Coverage

By Michael Boscaino -- Many retailers in riot-torn U.S. cities are learning the hard way that their property insurance isn’t nearly enough to cover the cost of inventory lost to looters. And even if they do file a theft or damage claim, the insured value of their lost inventory is...
Read More
August 19, 2020