The Importance of Business Income Insurance for Property Managers
Posted: August 11, 2023
Property management is a dynamic and lucrative industry that involves the management, maintenance, and leasing of real estate properties on behalf of owners. Whether you're overseeing residential complexes, commercial spaces, or mixed-use properties, the success of your property management business heavily depends on consistent cash flow. Unexpected disruptions, such as natural disasters, accidents, or other unforeseen events, can significantly impact your income stream. This is...
The Importance of Property Insurance for Landlords
Posted: July 9, 2023
As a landlord, you understand the significance of protecting your investment. Owning a rental property comes with its fair share of risks, ranging from property damage to liability claims. In such circumstances, having comprehensive building insurance can provide you with peace of mind and financial security. Safeguarding Your Property: Your rental property is a valuable asset that needs protection. Building or property insurance covers the...
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...
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...