What If You Took a Chance?

Choose optimism. Cultivate change. Embrace challenge as an opportunity to innovate and try something new. And never be afraid to ask “What if?”  Here, we showcase business owners and nonprofit leaders who asked that question and pushed forward, recognizing risk yet protecting their dreams. Even in typical circumstances, it takes a brave person to buck…

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How Extreme Weather Events Affect Your Insurance Rates

The Mid-Atlantic’s coastal region is susceptible to storms and hurricanes, which creates additional risk for insurers, and more difficulty securing coverage. Extreme weather events — such as hurricanes, tornadoes, hailstorms and wildfires — continue to make headlines as they become increasingly devastating and costly. These events aren’t limited to one geographic area, impacting businesses across…

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2023 Cyber Insurance Market Outlook

Evolving technology, increasing threat vectors and growing attacker sophistication has continued to drive up both the frequency and severity of cyber incidents, resulting in an ongoing rise in cyber insurance claims and subsequent underwriting losses. Amid these market conditions, most policyholders experienced higher cyber insurance rates throughout 2022. In addition to elevated premiums, insureds have…

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11 Common Restaurant Risks

Those who run restaurants are often some of the most passionate business owners, investing time and money to deliver a high-quality experience to their customers. However, the hospitality industry can be unforgiving, and it’s a constant challenge for owners to deliver exceptional food and service while maintaining profitability. These challenges are magnified when you consider…

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