Distinguished

APRIL 29, 2025

Hailstorms , winter storms, and tenant-related liabilities can lead to significant financial losses if landlords are not properly insured. Without the right safeguards in place, landlords could face significant financial losses from damages, legal claims, or lost rental income.

Liability

Distinguished

FEBRUARY 24, 2025

Equipment breakdown: A sudden breakdown of refrigeration units, ovens, or HVAC systems can result in both operational disruptions and financial losses for a restaurant. Location risks: Areas with higher crime rates or increased foot traffic face higher premiums.

Liability

Triple-I: Business Insurance

APRIL 4, 2024

Cyber incidents reported to the FBI’s Internet Crime Complaint Center (IC3) in 2023 totaled 880,418. billion in losses, with investment scams making up $4.57 The increased risk and rising financial losses from cyber risk likely drive growth for the cyber insurance market, which tripled in volume in the last five years.

Financial Loss

Risk Management Monitor

JANUARY 5, 2022

It is not just about the financial loss; there are many reputational issues too. Several studies have shown that around 50% of fraudsters are motivated by either monetary reward or benefits gained by committing a crime. Why Procurement Fraud? There are two main reasons: greed and opportunity.

Crime

ProWriters

OCTOBER 2, 2024

Sure, you’ll need to assess the compromised data and financial losses, but to truly understand the breach and protect against future risks, data breach forensics is essential. Let’s break down the steps involved in a data breach forensic investigation and see how the experts pull back the curtain on cyber crime.

Cyber

Cover4LetProperty

OCTOBER 1, 2024

While it’s not included in every policy and if often an add-on to legal protection insurance (see above), it’s may be a valuable option if you want to protect yourself from potential financial losses due to tenant non-payment. Properties in areas with higher crime rates or those prone to flooding may have higher premiums.

Insurance

ProWriters

MAY 28, 2024

Ransomware attacks, phishing scams, and other types of cyber attacks can result in data breaches and other incidents that cause financial loss, reputational harm, and legal consequences. Contractors in the construction industry are not immune to cyber attacks. Cyber Insurance for contractors is an essential safety net.

Cyber

Protect Commercial Insurance

NOVEMBER 8, 2024

By understanding your policy needs, shopping around, and exploring available discounts, you can effectively manage insurance premiums and keep your business financially secure. – Security Systems : Investing in robust security systems, like alarms and surveillance cameras, can deter crime and help protect your premises.

Commercial Insurance

Distinguished

MARCH 25, 2025

Without proper coverage, collectors risk significant financial loss if their decoys are stolen, broken, or devalued due to improper restoration. Location: Storing a collection in an area prone to natural disasters or with higher crime rates can increase insurance costs.

Deductible

Distinguished

JUNE 2, 2025

Loss of rental income When covered losses make a property temporarily uninhabitable, landlords lose crucial income a financial hit that standard homeowners policy options don’t cover, but landlord insurance does. Crime insurance: Protects against employee theft, fraud, or vandalism.

Liability