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Insurance Carrier Ratings are put out by independent insurance rating organizations and measure the financial stability of insurance companies. When you buy insurance, you agree to pay regular premiums with the expectation that you will receive a payout on your claim if something goes wrong. But what if you spend years paying regular fees, only...

A Commercial Fire Policy provides coverage for fire damage to your business’s property. In addition to earthquakes and floods, fire is one of the biggest natural threats to the safety of your small business. Though you can take preventative measures to reduce the chances of a fire starting on your property, natural disasters are never...

Representation and Warranty Insurance protects against breaches of warranty or inaccurate representation in mergers and acquisitions. When it comes to merging two businesses, both the seller and the buyer are happiest when everything goes according to plan. However, hiccups during mergers and acquisitions (M&A) are not uncommon. In some transactions, the buyer may discover that...

Admitted Insurance Carriers are supported by state guaranty funds, while Non-Admitted Carriers have more flexibility in coverage. Buying insurance is one of the best ways to maintain the financial stability of your small business. Therefore, when it comes to choosing a provider, it’s important to know as much about your future insurer as possible. Insurance...

Contingent Business Interruption Insurance covers you when a partner or supplier suffers an event that directly impacts your business revenue. In the modern world, it’s rare for a business to be completely self-sufficient. Most companies rely on one another to make, sell, and create their products. A car manufacturer in the United States might import...

Product Recall Insurance protects your business from the financial costs of performing a voluntary or involuntary product recall. When your product poses a threat to the safety of a consumer, or is simply prone to error, you will be encouraged to perform a product recall. As government and regulatory body guidelines for product safety become...