What Businesses Need to Know About the CARES Act

Posted by John Cofini on Tue, Mar 31, 2020 @ 12:25 PM

On March 27, President Trump signed the Coronavirus Aid, Relief & Economic Security (CARES) Act into law. This massive piece of legislation is intended to help employers and individuals who have been impacted by the COVID-19 pandemic. The bill provides loans, grants and other benefits to qualifying businesses.

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Tags: CARES Act

Coronavirus Risk Management in the New York Construction Industry

Posted by John Cofini on Thu, Mar 26, 2020 @ 07:35 PM

New York has hit the pause button in an attempt to stop the spread of COVID-19. On March 20, Governor Cuomo signed the New York State on PAUSE Executive Order. Under the order, all non-essential business is required to close beginning 8:00 p.m. on March 22. Although some construction is allowed to continue, construction managers must ensure that all necessary precautions are being taken. Otherwise, both the workers and the larger community may be put in danger.

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Tags: construction risk management, coronavirus, COVID-19, Coronavirus risk management

Are Your Employee Benefits Adapting to Your Team’s Evolving Needs?

Posted by Jennifer Gordon on Thu, Mar 26, 2020 @ 04:05 PM

Just before the COVID-19 pandemic broke, unemployment was at a 50-year low. Employee benefits packages were becoming more vital than ever for attracting and retaining talent.

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Tags: employee benefits

Notice to Clients about BNC's Response to the Coronavirus Outbreak

Posted by Brian Colby on Fri, Mar 13, 2020 @ 05:19 PM

Update: March 20, 2020

Dear Valued BNC Client,

We hope that this finds you, your families and your employees well during these unprecedented times surrounding the Coronavirus (COVID-19) pandemic.  

During this time of uncertainty, we want to provide you with important legislative updates, information and resources to help you. We also want to keep you informed on how the health plan carriers are addressing care for their members.

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Tags: coronavirus

3 Tech Tools that Reduce Homeowners Insurance Claims

Posted by Peter Lanza on Mon, Mar 09, 2020 @ 01:21 PM

Homeowners insurance is something you buy while hoping you’ll never need it. With some of the gadgets on the market, preventing a homeowners insurance claim can be easier than ever. Here’s a look at the tech that can help you avoid some of the most common causes of claims.

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Tags: homeowners insurance, reduce homeowners insurance claims

The Business Impact of Coronavirus

Posted by John Cofini on Thu, Mar 05, 2020 @ 12:53 PM

Businesses around the world are bracing for the impact of coronavirus. COVID-19, the novel coronavirus that made headlines in early 2020, has spread around the globe. In the United States, multiple cases and deaths have been reported. As cases increases, businesses must prepare for the possibility of an outbreak.

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Tags: coronavirus

New Ransomware Risk: EKANS

Posted by John Cofini on Mon, Feb 24, 2020 @ 11:44 AM

Organizations with industrial operations have a new threat to worry about. A new type of malware has been discovered. It’s called EKANS, which is “snake” spelled backwards. Like a serpent, it can slither into your industrial control systems and wreak havoc.

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Tags: cyber liability, ransomware risk, ransomware

Show Your Love with Life Insurance

Posted by Jennifer Gordon on Tue, Feb 18, 2020 @ 05:01 PM

February is a great time to take a moment out of your busy schedule and show your love to the people who matter. It’s also the perfect time to check your life insurance coverage.

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Tags: life insurance, insure your love

Hardening Insurance Market – The Importance of Preparing Now

Posted by John Cofini on Tue, Feb 11, 2020 @ 09:00 AM

Businessowners should get ready for a more challenging insurance environment. The insurance market is showing signs of hardening, and this could make obtaining coverage more difficult for businessowners. Hard markets aren’t unusual, however, and there are steps you can take to minimize the impact. The key is to start preparing now.

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Tags: hardening insurance market

New Year, New Umbrella Insurance Protection

Posted by Peter Lanza on Wed, Jan 29, 2020 @ 12:03 PM

The start of a new year is always a favorite time for reflecting on the past and planning for the future. It’s also the perfect time to review your personal risk management strategies. A critical but often overlooked component of personal risk management is an umbrella policy, otherwise known as an excess liability policy.

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Tags: umbrella insurance