Many Business Interruption claims have been denied Coverage fall under 'Property Coverage' Pending Litigation may change the future of Interruption coverage No one could have predicted the uncertainty and financial impact the Covid 19 Coronavirus has created in 2020. Many business owners start their fiscal year in January and look forward to their future earnings.
The corona virus pandemic has gone to show how large the online retail market place is. For small businesses, today’s online environment offers convenience to place orders online. For those business owners who offer commerce through their online website are exposed to a new level of risk when it comes
Spring is here! The gift for enduring the cold temperatures and weather that winter shares each year is on the horizon. It’s a time of year many of us look forward to for the warmer weather, longer days, and ability to get outside and engage in activities like golf, tennis, baseball, or even a long
Most commercial insurance policies cover loss of business income due to a covered peril. Common examples of perils that can impact business income are fire, lightning, windstorm, etc. Insurance professionals have been receiving several phone calls from their business clients asking if their policy will cover the loss of business income due to the
In 2018 the agency learned about changes occurring in the insurance industry including the Connecticut state-mandate for foundation cracking, increased use of tracking telematics with auto insurance, and smart-home safety technology. Carriers have introduced new product lines with new coverage benefits such as equipment breakdown coverage, buried utility line coverage, and home sharing coverage endorsements.