Protecting Your Home from Ice Dams

Posted by Peter Lanza on Fri, Jan 07, 2022 @ 11:21 AM

Ice dams can damage your roof and result in water damage to your home. Don’t let this cold-weather risk take you by surprise. Learn how to protect your home from ice dams.

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Tags: ice dams, protecting your home from ice dams

Risk Trends in New York Construction

Posted by John Cofini on Thu, Dec 16, 2021 @ 12:58 PM

Construction is a high-risk industry. When things go wrong, they tend to go very wrong. To keep you abreast of the current dangers, here’s a look at the risk trends in New York construction that we’re seeing now.

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Tags: new york construction

What’s Happening with EPLI in New York? Key Developments and Trends

Posted by John Cofini on Mon, Dec 13, 2021 @ 02:00 PM

The Insurance Information Institute says that the number of lawsuits that employees file against their employers has been rising. Employment practices liability insurance (EPLI) offers important protection for any employer. Here’s a look at what’s happening with EPLI now.

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Tags: epli

Insuring Your Jewelry with Scheduled Coverage

Posted by Peter Lanza on Wed, Nov 24, 2021 @ 09:00 AM

Warning: You may not have the insurance coverage you need for your jewelry.

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Tags: Scheduled Coverage, Insuring your jewelry with scheduled coverage

Should You Have Flood Insurance?

Posted by Peter Lanza on Wed, Nov 17, 2021 @ 03:20 PM

Hurricane Ida recently soaked the tri state area. According to CNN, the NYC and many local towns were never designed to withstand such flooding – and it showed. In addition to the massive property damage, at least 46 people died in the region.

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Tags: flood insurance, Should you have Flood Insurance

Managing Risks in Today’s Commercial Auto Insurance Market

Posted by John Cofini on Fri, Nov 12, 2021 @ 11:37 AM

Faced with underwriting losses, the commercial auto insurance sector continues to raise rates.

MarketScout reports that commercial auto insurance rates increased 9% in the third quarter of 2021, while umbrella coverage increased 11.7%. The composite rate for commercial insurance pricing was up 6.8%.

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Tags: commercial auto insurance, Managing Commercial Auto Insurance Risks

How the Restaurant Industry (and its Risks) Are Changing

Posted by Paul G. Sohigian on Wed, Oct 27, 2021 @ 02:24 PM

People need to eat, so the restaurant industry isn’t in much danger of extinction. That doesn’t mean it won’t evolve. Many factors – including new technology, changing social norms and the pandemic – are forcing restaurants to adapt. It’s survival of the fittest.

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Tags: restaurant industry risks, restaurant industry

Ransomware Update: The Evolving Threat

Posted by John Cofini on Tue, Oct 19, 2021 @ 11:50 AM

The surge in ransomware may be reaching crisis levels. Cyber insurance premiums are expected to rise between 20% and 50% in 2021, according to Business Insurance, and this increase in largely the result of ransomware. Attacks have increased in both frequency and severity, and it appears that no one is safe.

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Tags: ransomware, Ransomware Update

Announcing BNC’s Sixth Annual Food Drive

Posted by Isabella R. Autorino on Thu, Oct 14, 2021 @ 08:00 AM

We are pleased to announce that BNC will be running its 6th Annual charity food drive for The Carver Center on Westchester Avenue in Port Chester.  We are once again heading up this drive to provide much needed food for the local pantry for those less fortunate. The Carver Center, aside from being a local non-profit to assist underserved youths, is also an important provider of food for those who can’t afford it.

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Tags: bnc food drive

Construction Insurance Market Continues to Tighten

Posted by John Cofini on Thu, Oct 07, 2021 @ 02:05 PM

If you run a construction firm, you may be wondering what’s on tap for your insurance renewal. In fact, that’s a good question to ask several months ahead of your renewal because conditions are challenging. The commercial insurance market has been hardening for a while now, and the construction industry is no exception.

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