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general liability

A graphic entitled Typical Lifecycle of your Homeowner Claim.

Typical Lifecycle of Your Homeowner Claim

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…

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A graphic entitled 'Cyber Threats: Threats for the Manufacturing Sector According to the Critical Manufacturing Security Guide 2020'

Cyber Threats to the Manufacturing Sector (INFOGRAPHIC)

Cyber security is now more important than ever for manufacturers — especially as the impacts of the ongoing pandemic continue to be felt. A survey by McKinsey found that companies may have accelerated the digitization of supply chains and operations by three to four years due to Covid-19, while the…

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A graphic entitled 'Typical Lifecycle of your Major Property Loss'

Typical Lifecycle of Your Major Property Loss

If you have experienced a large business property loss, 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…

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A graphic entitled 'Typical Lifecycle of your Cyber Claim'

Typical Lifecycle of Your Cyber Claim

If you have experienced an incident affecting your systems, or an incident with IT service providers and other vendors affecting your operations, 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…

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A graphic with a photo of Greg Reddock entitled 'Is your insurance company holding your dealership captive? Then think about a captive insurance company'

Captive Insurance: Greg Reddock’s Take

Is your insurance company holding your dealership captive? Greg Reddock can help! As a senior vice president at Foa & Son, Greg advises a diverse portfolio of clients on their risk management and insurance needs, including many prominent firms in automotive, real estate, construction, distribution, and manufacturing. In this infographic,…

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A graphic with binary code in the background and entitled 'Cyber Liability Insurance: The Time is Now! 3 Reasons to Buy Today'

Justin Foa: Why You Need Cyber Insurance

Why you need Cyber Insurance It’s been all over the news. SolarWinds in January, 100,000 Microsoft Exchange Servers in February, CNA Insurance (a large provider of cyber insurance) in March. Cyber attacks are everywhere. A cyber attack incident will occur every 11 seconds in 2021. That’s almost double 2019’s rate,…

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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...
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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...
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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...
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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...
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A photo of a scientist holding a beaker of fluid in a lab.

Life Sciences Industry Risks Changing with the Times

Life sciences companies will face a new set of challenges in a post-Covid-19 world. Whether you’re an investor in a life sciences company, a contract development and manufacturing organization, CSO (Chief Scientific Officer) or the CEO, you’ll have concerns about how the “new normal” will affect your business operations. For...
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A photo of a woman dripping CBD oil into a coffee mug.

Insuring cannabis risks a lot like food, pharma

By Michael Pearl -- Cannabis-related businesses share many of the same exposures as agricultural, food & beverage and pharmaceutical manufacturers. They all require workers’ compensation, general liability and property insurance. However, only a handful of insurers have an appetite for cannabis-related business risks. Limits are often lower than many businesses...
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A nighttime photo of a city overlaid with lines to indicate Internet and network connections.

Tech Firms: Do you have the right insurance?

By Vincent J. Curatolo -- To get the best pricing and coverage for your tech firm in this hard insurance market, it’s important to partner with an insurance broker who has expertise in the sector. Your broker can help identify and analyze your exposures, and develop a risk mitigation strategy...
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A photo at sunset of city buildings and a construction crane.

Contractors: Beware of flaws in subcontractor coverage

By Pete Carrucciu -- Hiring subcontractors is inherently risky in the construction industry because often their insurance is lacking. Developers, general contractors, and property owners or managers may become liable if a subcontractor does shoddy work and is found negligent. That’s why it’s crucial for those in construction ventures to...
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A black and white photo of a building with the sign 'City Hall'.

Covid-19 creates need for municipal insurance audits

By RJ Impastato, A.R.M. -- Nearly 90% of municipalities with populations below 50,000 will experience sharp revenue declines tied to the coronavirus, according to survey data released by the National League of Cities and the United States Conference of Mayors. When searching for budget expenses to trim, your insurance program...
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A high angle view of the New York City skyline on a cloudy day.

NY Property Owners Vulnerable to Labor Law Claims

By Glenn Albert -- A landlord hires a painting contractor for a small interior paint job inside one of its buildings. While performing the work, the contractor’s employee falls off a ladder and suffers a serious injury. Normally, that worker would file a workers’ compensation claim to obtain insurance coverage...
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An image of the Covid-19 coronavirus and genetic code.

Will Business Insurance Cover Losses Related to Coronavirus?

We’re seeing more and more clients impacted by coronavirus shutdowns. Inevitably that begs the question: does my business have coverage? An article in Insurance Journal discusses various coverage theories that may be applicable to coronavirus related losses. The article states that many claims are being filed, but there are major...
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