Industry Insights

Being insured protects your organization from the various threats and risks that it may be vulnerable to. However, when your company enters into a partnership with another or hires a subcontractor, simply being insured may be insufficient. If either party is not properly insured or has inadequate insurance coverage, the partnership can collapse due to […]

An umpire clause is part of the vocabulary of insurance policies. What it refers to is a means of resolution granted by an unbiased third party in the event that the insurer and insured are unable to concur on the amount of a claim payout. An umpire clause and an arbitration clause refer to the […]

Every business owner’s greatest asset is their property, which is why structural damage of any form is a disaster waiting to happen. One particularly problematic form of structural damage that a commercial building can sustain is water damage. Commercial water damage can lead to you losing significant value as a commercial property owner, which is […]

All 50 states in the U.S. are at risk of floods and flash floods, the most common and costliest natural disaster nationwide. Unfortunately, not all businesses take the necessary precautions to prevent and circumvent the effects of flooding on their commercial properties, leaving their organizations underinsured and unable to recover after a flood event. This […]

Water damage can lead to extensive negative impacts on a business from compromised workplace safety to financial consequences. By understanding the ins and outs of commercial water damage restoration, you can act more wisely as a business owner and lead your organization to a better outcome after a water damage emergency. Determine Building Safety Safety […]

Many industrial property owners may be shocked to find out that many commercial policies do not cover wind damage, especially if they did not adequately consider wording in insurance matters. Just a moderate windstorm is capable of causing hefty damage to industrial properties. Here, we list out factors you can consider to protect your industrial […]

Commercial properties are as vulnerable to sustaining water damage as any other property type. Flooding is a serious threat in the U.S., experts claiming that in 2022, floods will directly cost businesses $26.8 billion in losses, not counting the $23 billion lost to downtime. While certain scenarios such as extreme weather events are difficult to […]

Every commercial property owner dreads water damage. Water damage can ruin the surfaces in their office, incur losses to equipment, and even land their employees in hospitals. Unfortunately, experiencing water damage is commonplace in the U.S., with 14,000 people nationwide experiencing water damage emergencies at home or work each passing day. Hence, a truly responsible […]

Given that Florida is known for its heat and humidity, many are often surprised to find that the state has its own hail season. March to July is the season for hail in Florida, with the peak of the season occurring in May. Cold air from the north clashes with the warm breath from the […]

As a business owner, you are occupied by a variety of issues. You have to juggle running your business smoothly, ensuring that you are bringing in enough revenue, keeping your employees satisfied, and making sure that you are up to date with laws and regulations. With all of these things to consider, you may not […]

A business interruption claim is a type of insurance that can cover the loss of income and extra expenses that a business incurs when it has to shut down due to an insured event. It can help your business stay afloat after experiencing a natural disaster, theft, or even a pandemic. So what can you […]