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insurance expert Archives | Foa & Son

cannabis insurance

Insuring cannabis risks a lot like food, pharma

By Commercial Insurance, Food & Beverage, Life Sciences
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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employers turn to self-insurance

Self-funding Cuts Benefit Costs for Employers

By Employee Benefits
By Nicos Mamatos -- Frustrated by the escalating cost of employee health insurance, small and midsize employers increasingly are turning to self-insurance. Employers that self-fund their employees’ health benefits save money by avoiding state premium taxes assessed on insured benefit plans, which shaves 1.5% to 3% off their annual cost....
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commercial insurance broker

What to Look for When Hiring a Commercial Insurance Broker

By Automotive, Commercial Insurance, Construction, Family Offices, Food & Beverage, Life Sciences, Municipalities, Precious Metals, Fine Art, Specie & Jewelry, Real Estate, Retail & Apparel, Telecom & Technology
 Your current commercial insurance broker might have been the right choice a few years ago when the insurance market was soft, but 2020 is a different story. We’ve entered a hard insurance market, and rate hikes and coverage restrictions are expected to continue across most lines. But, with good advice...
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