As medical and legal costs continue to surge, brokers working with retailers should ensure these companies have a robust umbrella program that can cover a potential multi-million dollar judgment.
With so much likely to impact the overall safety and financial security of a grocery store, it’s important to have the right protections in place in the event that a lawsuit or disaster – whether natural or man-made – threatens the business.
General liability policies typically offer coverage for $1 million, but $1 million doesn’t stretch as far today as it once did. Liability claims often leave businesses on the line for settlements or damages that far exceed $1 million. How can businesses better protect themselves? Download the free white paper, A Million Dollars Isn’t A Million […]
Despite the hundreds of hours of research and development, and the precision with which they construct their production line, manufacturers can sometimes end up building a defective product. More often than not, companies have internal auditing systems in place to check for these kinds of faulty products to ensure they never reach the market. This […]
After the industry was decimated during the wake of the 2008 financial crisis, general contractors are finally enjoying the fruits of a slow but steady recovery in the construction sector. While new buildings are going up left and right all over the country, obstacles that could ultimately lead to major issues for contractors still remain. […]