Why Products Liability Insurance Is Important To Manufactures
Posted: May 9, 2023
In today's consumer-driven world, manufacturers are responsible for producing products that are safe for their intended use. Unfortunately, not all products meet this standard, and some can cause harm to consumers. This is where products liability law comes in. Products liability is a legal theory that holds manufacturers, distributors, and sellers of products responsible for any harm that their product causes to a consumer. This...
Security Breaches Top Concern For Many Business Owners
Posted: April 25, 2023
Over the last several years, cyber liability coverage has evolved from just insurance for information technology companies to coverage that nearly every kind of business should have if they don't already. From retailers, banks, contractors, distributors, restaurants and medical offices, many businesses are unaware of the great cyber liability exposure they face. Recent state laws require companies that have experienced a cyber liability breach to...
Insurance For High-Net-Worth Individuals
Posted: April 13, 2023
Insurance For High-Net-Worth Individuals High net-worth individuals (HNWIs) have unique insurance needs due to the substantial assets and investments they hold. Insurance coverage for HNWIs goes beyond standard policies and includes specialty coverage tailored to their specific risks and lifestyle. In this blog, we'll explore some of the insurance types that HNWIs should consider protecting their assets. High-Value Home Insurance: For high-net-worth individuals, their home...
Directors & Officers Ridk
Posted: April 9, 2023
Directors' and officers' liability insurance helps protect the assets of the firm, owners, executives, and managers if individuals, competitors, third parties, or government regulators make claims. A lawsuit against directors and officers most commonly occurs when shareholders (private or public), clients, competitors, or others feel they suffered a loss in the value of their shares because of actions that the board or senior management took...
Which Insurance Agent Is Right For You?
Posted: February 24, 2023
Selecting an insurance agent may be one of the most important things you do. Every family needs a good accountant, financial planner, and insurance agent to be looking out after their interests. However, in today’s world, it may be hard to move your thinking away from the idea that the lowest price is best, to getting the best value for your dollar. We want to...