John Cofini

Recent Posts

Navigating COVID At Work (Again)

Posted by John Cofini on Wed, Aug 25, 2021 @ 01:48 PM

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.

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Tags: navigating COVID at work

Common Business Insurance Blind Spots

Posted by John Cofini on Mon, Aug 23, 2021 @ 01:26 PM

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.

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Tags: business insurance, business insurance blind spots

How Companies Can Limit Social Media Liability Exposures

Posted by John Cofini on Mon, Aug 02, 2021 @ 11:55 AM

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.

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Tags: social media exposures, social media

Building Collapse: Causes and Liability

Posted by John Cofini on Tue, Jul 13, 2021 @ 11:18 AM

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.

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Tags: causes of building collapse, building collapse, building collapse causes and liability

Return to Work EPLI Exposures

Posted by John Cofini on Thu, Jun 24, 2021 @ 01:44 PM

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.

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Tags: epli, return to work epli exposures, epli exposures

Property Insurance Limits Must Rise with Construction Costs

Posted by John Cofini on Tue, Jun 15, 2021 @ 03:34 PM

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.

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Tags: property insurance limits, property insurance

New York Construction Industry Facing Hurdles to Post-Pandemic Recovery

Posted by John Cofini on Wed, May 12, 2021 @ 03:42 PM

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.

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Tags: new york construction industry

New York Construction Industry Roundup

Posted by John Cofini on Mon, May 03, 2021 @ 01:28 PM

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.

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Tags: new york construction industry

5 Things Commercial Property Owners Need to Know About Insuring Vacant Property

Posted by John Cofini on Mon, Mar 29, 2021 @ 04:31 PM

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.

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Tags: vacant property, insuring vacant property

General Liability vs. Professional Liability: Do You Know The Difference?

Posted by John Cofini on Thu, Mar 18, 2021 @ 03:52 PM

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.

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Tags: general liability vs. professional liability, general liability insurance, professional liability insurance