Noff Colabella

Recent Posts

Own a Drone? Here’s What You Need to Know About Drone Insurance.

Posted by Noff Colabella on Wed, Aug 23, 2017 @ 08:20 PM

If you’re in New York, don’t be too surprised if you see a drone in the skies above you. Once associated with the military, drones have become increasingly popular in commercial and personal uses. The Federal Aviation Administration (FAA) expects sales of hobby and commercial drones in the United States to reach 7 million by 2020. But just as the applications of drones are growing, so too are the legal and insurance concerns.

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Tags: Drone Insurance

Your Experience Mod: Key to New York Workers Compensation Insurance Rates

Posted by Noff Colabella on Mon, Aug 14, 2017 @ 04:47 PM

 Want to take control of your workers’ compensation insurance costs? Take a close look at your experience modification factor. Through the experience modification factor, companies can lower their premiums by improving the safety of their working environment.

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Business Insurance: Are You Covered for Food Delivery Risk?

Posted by Noff Colabella on Tue, Jul 25, 2017 @ 03:57 PM

In today’s busy world, food delivery is a booming business. This convenience comes at a cost, however. When businesses offer delivery service, they open the door to new risks. Before you expand your services to include home delivery, make sure your business insurance adequately protects against the risks below.

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Tags: food delivery risk, Food safety

Are Work Comp Claims Caused by Fights Compensable?

Posted by Noff Colabella on Fri, Jul 14, 2017 @ 12:14 PM

If an employee is injured on the job, a workers’ compensation insurance claim is likely to follow. Whether the claim is accepted is another question. Some cases are particularly difficult to navigate. Claims can become particularly uncertain when the injury is caused by fight.

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Tags: work comp claims

Case in Point: When the “Additional Insured” Isn’t Covered

Posted by Noff Colabella on Tue, Jun 27, 2017 @ 11:14 AM

When you’re a construction contractor, there are a lot of “moving parts” to your operation, and a successful project requires that those parts work in sync. Your insurance coverage can be one of the most complex of those parts. And since it’s likely one of your biggest costs, it pays to get it right.

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Tags: construction insurance, additional insured

How to Steer Clear of a Tip-related Wage Violation – and a Lawsuit

Posted by Noff Colabella on Mon, Jun 19, 2017 @ 05:00 PM

When it comes to litigation, restaurants have been on the chopping block lately – specifically, their owners and managers. The issue at hand? Wage violations stemming from improper tipping practices.

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Tags: tip-related wage violation

Construction contractors: Avoid costly pollution exclusion surprises

Posted by Noff Colabella on Tue, Jun 06, 2017 @ 01:40 PM

As any construction contractor knows, an environmental claim can quickly complicate a project and drive up costs. And the risk goes beyond the costs. Environmental claims are notoriously time-consuming, requiring expert legal and claims support, and the liabilities involved can kill a company’s public image and reputation.

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Tags: cgl policy, pollution exclusion

Cybersecurity for the Construction Industry

Posted by Noff Colabella on Wed, May 24, 2017 @ 01:08 PM

Gone are the days when computer issues were a problem that only that only concerned the IT team. These days, malware is a growing cause of business interruption and financial loss. No industry is immune to the current wave of cybercrime. For the construction industry, two threats stand out: ransomware and hacked equipment.

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Tags: cybersecurity

Changing Weather Patterns Create Cloudy Outlook for Coastal Commercial Property Owners

Posted by Noff Colabella on Mon, May 15, 2017 @ 05:20 PM

Commercial property owners should take note of changing weather patterns. According to the National Climate Assessment, a report created by the Federal Advisory Committee with the help of more than 300 experts, heavy downpours have increased in recent decades throughout the United States, especially in the Northeast, Midwest and Great Plains. Flooding has also been a major issue, resulting in an average loss of almost 8 billion dollars each year between 19981 and 2011 – and flooding is expected to worsen in the coming years.

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Tags: rising sea levels impact property owners

Storefront Crashes: A Growing Property Risk

Posted by Noff Colabella on Wed, Apr 19, 2017 @ 08:00 AM

Shocking. Traumatic. Frightening. That’s what it must be like inside a store when a vehicle comes crashing through the front wall. If everyone is lucky, there are no deaths or serious injuries. Statistically, most of us will never experience such a traumatic event, but with these incidents on the rise, the risk is clearly growing. In fact, you might be shocked at how often it happens.

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Tags: storefront crashes, property risk