Skip to the content

Category: Business Insurance News You Can Use

Uninsurable Risk?

Why You Need to Think about Uninsurable Risk Uninsurable risk refers to potential losses insurance companies simply will not insure, regardless of how much you pay. And knowing what is uninsurable will help you plan for the future of your business and personal life. Common uninsurable risks include reputational, regulatory, political, war and pandemic risk. Generally, these risks fall into four broad buckets. First, the potential loss...

3 Success Stories and What You Can Learn from Them

Taking a Tax Deduction from an Unreimbursed Loss When disaster strikes, small business owners often experience property damage that leads to an unreimbursed loss. While in and of itself that is bad news, there is a silver lining. You may be able to recoup at least part of the unreimbursed property loss when you file your taxes. A property loss, according to the IRS, can result...

Failing Forward

Product Liability Suits and How You Can Prevent Them Think you don't need to worry about product liability? If your business manufactures, sells or even distributes products, you do, because the awards for liability suits can be high, making consumers more and more litigious. But you can head off the damage with product liability insurance. Product claims can vary, but they generally involve one of...

The Case for Having Humor at Work

Why Protecting Your Reputation Is Important Reputational harm is one of the greatest business threats today. How can business owners best protect their companies? Your business reputation is simply what others think and feel about your business. Those thoughts and feelings could be based on experiences with your business or on what people have heard about your business. And these experiences could be true or...

The Four-Day Working Week Is the Future - Here's Why

Does Your Business Change in the Summer? Each industry has its own unique business cycles: some are steady throughout the months, while others peak and valley. Many seasonal entrepreneurs feel their businesses are too small to necessitate coverage without realizing how critical it is that they are protected as businesses that operate year-round. With the seasonal peaks summer brings for many, here are some factors...