The Business Income from Dependent Properties portion of your property policy provides insurance coverage in the event the damage or destruction of non-owned property reduces or terminates the insured’s earnings. Dependent property coverage extends to protect the insured from business income losses emanating from the suspension of operations of non-related entities. You don’t want to underestimate the» Read Full Article

The first thing a business owner needs to overcome is that it is possible that their business could be subject to a loss.  Tempting fate is not a good idea when you have the fiduciary responsibility of so many people and families – not to mention a business to keep running! Don’t think it can’t happen to you –» Read Full Article

Business Income Extra Expense coverage responds to the resulting financial loss & the additional expenses necessary to maintain the business, payroll for employees, and customers.  Business owners must also protect themselves against financial loss due to a slowdown or shutdown of their operations that can result from the damage or destruction to their property.  Some» Read Full Article

A recent survey indicates that a significant percentage of companies were affected by supply chain disruption over the last 12 months. In the survey sponsored by Zurich Financial Services Group and conducted by the Business Continuity Institute (BCI), 85% of companies say they experienced at least one supply chain disruption. Adverse weather was cited as the» Read Full Article

With half of 2011 already gone and virtually every region of the country stricken to some degree by natural disasters, this year is shaping up to be one of the most unique—and costly—in many years. Natural disasters play a key role in insurance premium rates – specifically property & casualty. Because of our central location, Wisconsin» Read Full Article

Electrical fires are the #1 cause of property damage in commercial buildings. Regardless of the age of your building, keeping on top of regular maintenance checks for the electrical system, the heating and cooling system and the roof will ensure that you not only keep your property safe, but also keep your property insurance costs» Read Full Article

One very obvious result of the economic downturn is how many times we notice once-thriving businesses we drive past every day are now sitting empty. This is troubling from an insurance perspective as well.  Vacant buildings are prone to certain types of perils.  It’s important to know that the majority of property insurance policies contain a vacancy condition that eliminates» Read Full Article

Many people think that if you’ve seen one sprinkler system, you’ve seen them all! While this may appear to be the case, these systems are highly engineered and should be designed specifically for what you are doing in your building. Here are some key points about sprinkler protection and why this issue could be costing» Read Full Article