Category: Business Insurance
Comprehensive Guide to Alcohol Liability (Dram Shop): Statutes, Liability Types, Defense Costs & Minimum Limit Recommendations
In the US, alcohol – related lawsuits can be a costly nightmare for businesses and individuals. A SEMrush 2023 Study shows over 20% of personal injury lawsuits involve alcohol incidents where dram shop laws apply. According to the Legal Information Institute and […]
Comprehensive Guide to Product Recall Insurance Solutions: Notification Reimbursement, Brand Coverage & More
In today’s competitive market, businesses face a high risk of product recalls, with 2,454 recalls in key industries in a single year according to Segdwick’s US recall index report. A recent SEMrush 2023 study also shows significant costs in notifications and brand […]
Maximize Savings: Workers Compensation Group Rating, Experience Mod Reduction, and More
Looking to maximize savings on workers’ compensation premiums? You’re in the right place! A recent study by the National Council on Compensation Insurance shows businesses can save up to 30% through experience mod factor reduction. And according to a SEMrush 2023 study, […]
Commercial Umbrella vs Excess Insurance: Differences, Use Cases, Limits, Premiums, and Coverage Extensions
In 2023, a SEMrush study revealed that 60% of high – risk businesses grapple with choosing between commercial umbrella and excess insurance. As per Insurance Insights 2023 and industry tool RiskMeter, understanding these policies is crucial for business protection. Premium vs Counterfeit […]
