The Delta variant is prompting a new wave of COVID restrictions. For businesses that are trying to reopen and get back to normal, this could create new employment practices issues.

Most industries face similar challenges, but not all risks are created equal. A slight headache can easily escalate into a costly blind spot. Below are three of the most common insurance blind spots to watch out for.

Your company is on social media. Your employees are, too. Sometimes, this can go well. Your company gets free promotion, and your employees engage with your company and others. Other times, it can go very badly. Social media is creating serious liability concerns, and companies should make sure they’re limiting their exposures.

On June 24, a 136-unit condo in Surfside, Florida, partially collapsed. With many victims still missing, this heartbreaking tragedy serves as a serious wakeup call to property owners and developers across the country. According to AP News, the collapse in Surfside prompted an audit that has led to the evacuation of a nearby 156-unit building.

Life in New York may be returning to normal soon. Governor Cuomo announced that most remaining COVID-19 restrictions would be lifted once 70% of adults in the state received their first dose of the vaccine – a goal that Gothamist says has now been reached. On June 15, Cuomo confirmed that “virtually all” restrictions would be lifted immediately, according to Business Insider.

Construction costs are surging. As a result, rebuilding is much more expensive than it used to be – and that means that property insurance policies may need to be adjusted for higher limits. Homeowners and business orders should act now to make sure their property is fully protected.

After a tough year, the U.S. economy is continuing to show signs of recovery. Coronavirus cases are falling, vaccination numbers are still rising, unemployment claims are down, business investment is up, and confidence among corporate leaders is high. Economists surveyed by the Federal Reserve Bank of Philadelphia predicted U.S. output will increase 4.5 percent this year, which would make it the best year since 1999.

Here at BNC Agency, we’re keeping our finger on the pulse of the issues impacting the New York construction industry. Here are some of the latest developments to watch.

Like so many other sectors of the economy, the commercial real estate market has taken a beating since the COVID pandemic began more than a year ago. Between the widespread retail shutdowns and millions more people working from home, the demand for space has plummeted, leaving more vacant properties than ever.

Running a business has always been a risky venture. These days, the risks are greater than ever with the continuing rise in liability claims. That means it’s more important than ever to have financial protection in place to guard your business against a potentially costly liability claim.