Category: Uncategorized

The more vehicles that are registered, the more demand there will be for maintenance and repair services. But as an auto repair shop owner, one must be aware of the risks to overcome the challenges effectively.  The auto-servicing industry is subject to several risks. From property damages (in this case, the vehicles) to liability risks,… Read more »

There is no denying that investing in a suitable insurance package will never go waste. About 40% of businesses claim insurance within ten years, and 20% of small business insurance claims concern burglaries and thefts. Although reputational harm, like copyright infringement or defamation suits, comprise about 5% of the total claims, they are said to be the costliest…. Read more »

Awareness of the environmental responsibility of businesses is increasing, thanks to the efforts of industry leaders and influencers. The social and environmentally responsible corporate is also largely regarded in high esteem by millennials and the Gen-Z population. A Nielson poll in 2018 revealed that 80% of Gen-Z and 85% of millennials prefer environmentally-responsible brands for engagement over… Read more »

The US economy has an important dependence on retail business, and the entire country realized this fact over the last few months. As retail establishments started slowly emerging from lockdowns, retail sales experienced a growth of 1.2%, as per a report by The Balance. This growth is welcome and more than a little encouraging, given than… Read more »

There’s no denying that a lot of confusion exists regarding condo insurance policies. Sadly, these are often misinterpreted by unit dwellers, as well as property managers. But the blame doesn’t lie with them (always). Very often, this is owing to a lack of comprehension while drawing up the policies by the insurance providers. According to… Read more »

Building owners in the US, whether they own apartment complexes or single buildings, face several financial and other risks that can be reduced by insurance coverages. According to a report by the Insurance Information Institute, insurers get about 40 claims each year for property damages due to strong winds and hailstorms and 350 claims due to… Read more »

We buy a property to dwell in with your family, or for commercial benefit. Either way, we have to take care of the financial and other risks pre and post-purchase to make the most of the investment. One such consideration is buying insurance to secure your property from potential threats, like damages, disasters, and liabilities. … Read more »

What happens if your work location gets damaged due to a hurricane or a fire? Your building insurance will cover for the damages, of course, but what about the disruption in business operations and the expenses involved in starting afresh? That’s when the business interruption insurance comes to your rescue. According to a survey by… Read more »

Americans are extremely aware of the importance of insurance in their lives and businesses. According to a report by Deloitte, the Property & Casualty sector of the US insurance industry saw a 66% increase in value last year. Another report by the Insurance Information Institute reveals that all insurance and related activities contributed to about 2.9% of the… Read more »