Protecting Your Business from Theft

Posted by John Cofini on Mon, Mar 14, 2022 @ 02:38 PM

Is theft hurting your company’s bottom line? Businesses can incur losses from multiple types of theft, and these losses can take a bite out of your company’s profits. Strong theft prevention strategies can help protect your business.

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Tags: protecting your business from theft, theft

Coverage for Faulty Workmanship

Posted by John Cofini on Mon, Mar 07, 2022 @ 11:29 AM

Contractors who are sued for faulty workmanship may be surprised to learn they don’t have coverage under their commercial general liability insurance policy.

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Tags: Faulty Workmanship

Navigating Construction Worker Shortages

Posted by John Cofini on Tue, Feb 22, 2022 @ 11:30 AM

Recent supply-chain shortages have created a challenging labor market for the construction industry. Many companies are walking a fine line between meeting demand and maintaining a safe, positive work environment. Here’s an overview of the current state of the market, and how some construction companies are coping.

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Tags: construction worker shortages

How to Minimize Business Interruption Risks

Posted by John Cofini on Tue, Feb 15, 2022 @ 11:52 AM

If there is one thing the pandemic taught us, it's to expect the unexpected. The last two years have been difficult to navigate due to changing local and state health guidelines. For small business owners, business interruption can be the difference between a successful business and one that is nearing bankruptcy. It's important for business owners to understand how business interruption occurs and what options are available to protect against the consequences of interruption.

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Tags: business interruption insurance

Dwelling Limit and Surge Impact - New Strains for Homeowners Insurance

Posted by Peter Lanza on Fri, Feb 04, 2022 @ 11:15 AM

Since the inception of the coronavirus pandemic in early 2020, property values have been rising at the fastest rate since before the Great Recession. At the same time, an inflationary economy has put a strain on global supply chains, ultimately affecting reconstruction costs. This article discusses how your property insurance dwelling limit could be impacted by rising property values and how rising supply costs can subsequently affect home reconstruction costs.

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Tags: homeowners insurance, homeowners insurance dwelling limit

Is Water Backup Covered by Your Homeowners Insurance Policy?

Posted by Peter Lanza on Wed, Feb 02, 2022 @ 11:47 AM

Water backup can be a costly event for homeowners. Whether it occurs due to a malfunctioning washing machine or from a broken water pipe, water damage is a common issue that can be painful to clean up. This article discusses types of water damage exposures and how your homeowners insurance policy could respond to different claim scenarios.

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Tags: homeowners insurance, homeowners insurance water backup claims

What’s Happening Now in the NY Construction Market

Posted by John Cofini on Mon, Jan 24, 2022 @ 01:45 PM

What’s required, what’s banned and what’s changing now in New York construction? Here’s a look at the new laws, trends and issues impacting the NY construction market.

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Tags: new york construction market, NY Construction Market

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