Insurance Journal

MAY 13, 2025

PJM Interconnection LLC, the largest US electric grid serving about 20% of Americans from the Midwest to East Coast, warned that extreme heat this summer could trigger supply shortages for the first time. While PJM expects to have enough power …

Risk 204

Risk Business Interruption 204

Prof. Allan Manning

MARCH 5, 2024

The reality is that Lithium batteries are in many items today and we need to personally manage the risk. Earlier this year, I went to the LMI College and LMI RiskCoach teams and asked if they could put together a short course on the risks associated with the batteries.

Risk 130

Risk Business Interruption Casualty Insurance Property Insurance 130

The Property Insurance Law Observer

SEPTEMBER 23, 2024

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

Damage 130

Damage Business Interruption Property Damage Policy 130

Tosten Marketing

FEBRUARY 27, 2025

To protect against this risk, businesses can often add sewer and drain backup coverage as an endorsement to their existing policy. This additional coverage is particularly important for businesses with basement spaces (or those in areas with aging infrastructure). Businesses in flood-prone areas need separate flood insurance.

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

Prof. Allan Manning

FEBRUARY 24, 2023

A number of pre loss services are also provided by the LMI Group, including Business Interruption Sum Insured Reviews, Policy Drafting, Insurance Program Reviews, Risk Surveys, and Risk Engineering Services along with Business Continuity Management Services, and Cyber Security Reviews.

Insurance Industry 130

Insurance Industry Business Interruption Claim Insurer 130

Cowbell

MAY 29, 2025

During Internet Safety Month, Cowbell encourages all businesses to take tangible steps to strengthen this resilience. MFA reduces the risk of unauthorized access by over 99.9%. Cybersecurity training reduces risk and saves money. 7 Steps to Build Cyber Resilience 1.

Cyber 59

Cyber Building Business Interruption Risk 59

Mark Jackson Insurance Agency

MARCH 19, 2025

Brick commercial office building by Binyamin Mellish Expanding your business to a new location is an exciting step toward growth, but it also introduces new risks. From property protection to liability coverage, ensuring your business insurance policies align with your expansion is critical.

Workers Compensation 52

Workers Compensation Liability Property Damage Inland Marine Insurance 52

Property Insurance Centre

FEBRUARY 10, 2025

#Video Common Perils Covered by Commercial Property Insurance Most commercial property insurance policies cover a broad range of risks, often referred to as “named perils.” Some policies, however, offer “all-risk” coverage, which protects against all perils except those specifically excluded.

Commercial Property 52

Commercial Property Property Insurance Commercial Boiler and Machinery 52

Prof. Allan Manning

MARCH 4, 2025

Having attended every major natural catastrophe as LMI since 1999, both LMI Group and Aequum Adjusters have activated their respective Catastrophe Response plans putting in place the resources required to respond to the expected claims from Cyclone Alfred.

Insurance Broker 235

Insurance Broker Broker Claim Business Interruption 235

Risk Management Monitor

AUGUST 30, 2021

Ida has now weakened to a tropical storm and will continue to cut through the south before making its way across much of the East Coast, bringing significant risks of wind, rain and inland flooding throughout this week. Be sure to assess your risk and execute the appropriate steps to protect your business, property and employees.

Risk 74

Risk Damage Building Business Interruption 74

Protect Commercial Insurance

MAY 9, 2025

Introduction Hello, savvy UK business owners! Owning a retail shop or salon can be a thrilling venture, but it also comes with its fair share of risks. From unforeseen damage to potential customer mishaps, there’s a lot to consider to keep your business running smoothly.

Liability Insurance 40

Liability Insurance Business Interruption Liability Insurer 40

Protect Commercial Insurance

APRIL 11, 2025

For UK business owners, the rapid pace of commerce and unpredictable weather patterns make this type of insurance a wise investment. Having coverage structured according to your specific needs and risks is not just a precautionit’s a powerful business strategy. Not every potential risk is covered under a standard policy.

Commercial Property 52

Commercial Property Property Insurance Commercial Insurer 52

Triple-I: Business Insurance

APRIL 24, 2023

In a recent interview with Triple-I CEO Sean Kevelighan, Harger discussed the importance of preparing for and preventing damage from this risk, which is second only to flooding when it comes to costly weather events. When installed properly, lightning protection systems are scientifically proven to mitigate the risks of a lightning strike.”

Risk 52

Risk Business Interruption Damage Protection 52

Distinguished

FEBRUARY 24, 2025

In this guide, well break down how Distinguisheds restaurant insurance addresses the specific risks faced by Charlottes restaurant owners. From understanding local exposures to leveraging tailored package policies, youll gain the insider knowledge needed to win your clients trust and business.

Liability 52

Liability Liability Insurance Insurer Insurance 52

Distinguished

OCTOBER 30, 2024

Builder’s Risk insurance is critical for residential and commercial construction projects, as it covers the property during construction or renovation. In some cases, commercial projects may require additional coverage, such as loss of rental income, business interruption costs, and extra expenses if the completion of the project is delayed.

Commercial 52

Commercial Risk Broker-Agent Building 52

Risk Management Monitor

MARCH 3, 2022

In a briefing yesterday, global risk consultancy Control Risks discussed some of the risk management considerations and steps companies need to take as the sanctions landscape continues to evolve. What risks are you exposed to? Companies will need to remain vigilant in order to stay ahead of the risks.

Risk 58

Risk Business Interruption Insurance Insurer 58

ProWriters

OCTOBER 2, 2024

Helping your clients understand cyber risks and Cyber Insurance policy jargon can be challenging. Ransomware Cyber Attack Showing Personal Files Encrypted Screen Every organization has unique risks and exposures, and there is no single solution for Cyber Insurance. Any business connected to a digital network risks costly cyber attacks.

Insurance Broker 86

Insurance Broker Cyber Broker Protection 86

Protect Commercial Insurance

MAY 24, 2024

As a business owner, it’s crucial to protect your business from potential risks and liabilities. In this article, we will explore five often overlooked insurance policies that can provide valuable coverage for your business.

Insurance Policy 52

Insurance Policy Protection Policy Business Interruption 52

Insurance Journal

APRIL 29, 2025

It’s a worst case scenario that grid operators plan for but hope never to encounter. After one of the worst blackouts in Europe in more than a decade, electricity grid operators in Spain and Portugal are trying to get networks …

Business Interruption 147

Business Interruption Risk Insurer Insurance 147

Risk Management Monitor

JUNE 13, 2023

Normal 0 false false false EN-US X-NONE X-NONE Normal 0 false false false EN-US X-NONE X-NONE As the hurricane season gets underway, the following tips can help businesses update and strengthen natural disaster recovery plans: Review your business interruption insurance. Update your current disaster recovery plan.

Business Interruption 40

Business Interruption Claim Risk Insurance Policy 40

Insurance Journal

OCTOBER 10, 2024

The global economy could be exposed to losses of US$14.5 trillion over a five-year period from the threat of a hypothetical geopolitical conflict causing widespread disruption to global trade patterns and supply chains, according to a report published by Lloyd’s, …

Business Interruption 276

Business Interruption Risk Insurer Insurance 276

Cowbell

SEPTEMBER 23, 2024

The goal is to raise awareness of the risks posed by ‘insiders,’ and provide strategies, tools, and resources to identify and mitigate these threats. At Cowbell, we work with our agency partners and brokers to help educate our clients on emerging and evolving cyber risks and the enemy within can present a very real threat.

Cyber 104

Cyber Business Interruption Risk Protection 104

Jackson & Jackson

APRIL 26, 2024

Investing in commercial property in California can be a lucrative venture, but it also comes with its unique set of risks and responsibilities. It provides coverage for physical damage to your property and any loss of income due to business interruption.

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Paragon Independent Insurance Agencies

MAY 27, 2024

Commercial insurance is vital for protecting business property, assets, and operations from various risks and liabilities around Plano, TX. Commercial Insurance Information Commercial insurance consists of policies to safeguard businesses when financial losses are inevitable.

Commercial Insurance 40

Commercial Insurance Commercial Protection Business Interruption 40

Risk Management Monitor

MARCH 4, 2022

A wide range of risks are trickling down from Russia’s assault on Ukraine , from sanctions compliance to supply chain disruption to business interruption. That is not to say that there is necessarily cause for panic, simply that the effects of cyber conflict can be unexpected, widespread and potentially severe.

Cyber 56

Cyber Business Interruption Risk Policy 56

Prof. Allan Manning

FEBRUARY 28, 2024

A good way to determine a realistic Indmenity Period is to run through a risk analysis as part of a business continuity mangement plan. That is why we developed LMI ContinuityCoach. If you would like to learn more about this service, please email Michael@lmigroup.com

Claim 130

Claim Building Risk Policy 130

Top Insurance Blogs

APRIL 20, 2025

In the ever-growing e-commerce sector, securing appropriate insurance is vital for any online business in Germany to mitigate risks. This guide will handle all the essential insurance […] The post How Insurance Works for E-commerce Businesses in Germany appeared first on My Top Insurance Blogs.

License 52

License Insurance Agents Insurance Agent Insurer 52

Risk Management Monitor

JUNE 30, 2022

The job of procurement is to ensure performance is as promised, risk is low and business objectives are being met through collaboration. Suppliers are a source of growth, innovation and efficiency, but if they are not managed holistically, they can be a source of risk, poor performance and noncompliance.

Risk 45

Risk Theft Business Interruption Policy 45

Jackson & Jackson

APRIL 28, 2024

Specialized risks, such as floods, earthquakes, and business interruptions, require additional coverage, which many investors should pay more attention to. How to Avoid It: Evaluate the risks associated with your property’s location and type. In California, consider adding earthquake and flood insurance.

Business Interruption 52

Business Interruption Out-Of-Pocket Expense Out-Of-Pocket Broker-Agent 52

Triple-I: Business Insurance

OCTOBER 1, 2024

Another way the insurance industry would be affected is from losses from coverage protecting against adverse business costs of events, such as strikes. These coverages include, but are not limited to, business interruption, political risk, credit, supply-chain insurance, and some marine and cargo.

Insurance Industry 52

Insurance Industry Business Interruption Commercial Property Commercial 52

Insurance Journal

MAY 12, 2025

A detailed timeline of the events surrounding the unprecedented day-long blackout that hit London’s Heathrow Airport has been set out by the National Energy System Operator, as scrutiny of grid security intensifies. Heathrow was plunged into chaos on March 21 …

Business Interruption 213

Business Interruption Risk Insurer Insurance 213

Protect Commercial Insurance

JUNE 27, 2024

Every business, no matter its size or industry, faces unique risks that require specific coverage solutions. Unfortunately, the abundance of myths surrounding commercial insurance may lead many business owners to make decisions that are not in their best interest. This is far from the truth.

Commercial Insurance 52

Commercial Insurance Commercial Cyber Business Interruption 52

Paragon Independent Insurance Agencies

NOVEMBER 15, 2024

The Importance of Property Insurance Property insurance covers your business’s physical assets, such as buildings, equipment, and inventory. Whether you face risks like fire, theft, or weather damage, having property insurance ensures you can recover quickly and continue your operations with minimal disruption.

Business Insurance 40

Business Insurance Business Interruption Professional Liability Insurance General Liability 40

American Agents Alliance

MAY 6, 2025

Ways Agents Can Help Policyholders Manage Catastrophic Weather Events Here are some ways that agents can proactively help homeowners and business owners prepare for and mitigate the impacts of severe storms: Review coverage for catastrophic weather events proactively. Develop relationships with local risk management experts.

Policyholder 52

Policyholder Agents Business Interruption Risk 52

Protect Commercial Insurance

NOVEMBER 15, 2024

Designed to protect your business from unforeseen risks, commercial insurance can offer the peace of mind you need to focus on what truly matters—growing your business and serving your clients. It stands as a vital component in an organisation’s risk management arsenal during both stable and unstable times.

Commercial Insurance 52

Commercial Insurance Commercial Protection Business Interruption 52

Mark Jackson Insurance Agency

NOVEMBER 22, 2024

While your business may only operate for part of the year, risks like property damage, liability claims, or equipment theft don’t follow a calendar. Having the right insurance policies in place ensures your business is protected even during the offseason. Start by evaluating your specific risks.

Business Interruption 52

Business Interruption Theft Liability Insurer 52

Jackson & Jackson

APRIL 10, 2024

Business Interruption Insurance Unexpected events can disrupt your operations, leading to significant financial loss. Business interruption insurance compensates for lost income during these periods, helping you keep your business afloat until you can resume normal operations.

Commercial Property 52

Commercial Property Commercial Business Interruption Out-Of-Pocket Expense 52