Small Fleets Affected by the One-Size-Fits-All Regulation Approach

No matter the size of the company, the federal government places the same regulations on all trucking companies. The House Committee on Small Business held a meeting to examine how these regulations affect small trucking companies, as well as looking into ways to help ease the burdens. Check out the Delaware Motor Transport Association’s article…

National Flood Insurance Program authorized through January 19th

The National Flood Insurance Program (NFIP) was authorized for a five year period that ended on September 30th. Since then there has been three short-term extensions. Currently the program expires on January 19th. Check out the news article from Insurance Business Magazine that reviews the importance of a long term authorization of the National Flood…

Holiday Parties: Limiting Social Host Liquor Liability

A bartender is legally liable for serving alcohol to a patron who becomes intoxicated and then injures a third party. Does a business face a similar exposure when it hosts a social event where alcohol is served, such as an open house or employee picnic? According to the Insurance Information Institute, liquor liability exposure is…

October is National Cyber Security Awareness Month

Homeland Security has named October National Cyber Security Month. Themes for 2017 have been announced! Week 1: October 2-6 – Theme: Simple Steps to Online Safety. All members of the public can take some simple actions to protect themselves online and to recover in the event a cyber incident occurs. Week 1 will address the…

Why do I need Business Interruption?

Originally established for the manufacturing industry, Business Interruption Insurance has evolved into an essential risk transfer tool for all industries. Coverage provides resources that aid in recovery and can help get a company back on its feet quickly. A small business owner ‘s restaurant in Mississippi was devastated by Hurricane Katrina, leaving her with a…

Restoring Your Business After a Flood

Floods can be miserable ordeals, even with extensive preparation. They can spring up with little to no warning and saddle you with the responsibility of a lengthy, expensive restoration period. Your business could be underwater in a flash, and you could be faced with mounting repair bills and extended interruption to your business. But floods…

Named Storm Deductibles

The heavy rainfall, high wind and storm surges associated with hurricanes and other intense storms can devastate any business, even those located hundreds of miles off a coast. Because these storms have the potential to cause tens of billions of dollars in damage, insurance providers generally use special, “named storm deductibles,” to provide coverage in…