“Meteorologists have reported more tropical storm activity than usual.” Hurricane Harvey recently hit South Texas and Louisiana, causing mass flooding and an unprecedented $190 billion in possible damage. Hurricane Irma, which is expected to hit Florida in the coming days, is reported to be the second strongest Atlantic hurricane in history (second only to Hurricane […]
Brokers and agents providing casualty or professional liability insurance for manufacturers should work hand in hand with these companies to ensure executives and managers are implementing the right emergency response strategies to mitigate exposure to risks.
While greater adoption of building code standards is helping to keep down insured losses to properties and buildings, it doesn’t mean that architectural, engineering or constructions firms should forsake the crucial professional liability insurance necessary for protecting against the unexpected risks that can arise at any time.
With many firms now extending their reach beyond what might have been their original comfort zones, it’s important that insurance brokers and agents working in this field help their clients understand the full range of risks and how to mitigate exposure to them.
Adequately safeguarding a commercial operation from cyberattacks needs to be a top priority for every type of company. Unfortunately, many enterprises are not putting enough emphasis on getting ahead of digital criminals.