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Carlsbad, CA 92011
Main Line: 760-376-9090
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Headquarters
6790 Embarcadero Ln, #100
Carlsbad, CA 92011
Main Line: 760-376-9090
Peter’s Direct: 760-376-9091
Fax to Email: 760-376-9099
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Why Are Directors & Officers (D&O) Insurance Rates Increasing?
/in NewsAs company leaders look to protect their leadership, they may notice a rise in rates for D&O insurance. The Directors’ & Officers’ (D&O) liability insurance market experienced huge rate increases in 2020; with some of these increases peaking at over 70%.
General Liability vs. Professional Liability: What’s the Difference?
/in NewsAs a business owner, it can be difficult to decide what forms of liability insurance you’ll need to protect your business.
Your Guide to Directors & Officers (D&O) Insurance
/in NewsDirectors and officers liability insurance is an essential part of corporate risk management. According to Investopedia, more than 25% of private companies reported a D&O loss over the span of three years. 96% of these private companies stated the D&O loss affected resulted in a negative, financial impact on their business.
Why are Workers’ Compensation Rates Rising?
/in NewsEmployers in California are required to purchase workers’ compensation to protect against work-related injuries and illnesses.
Errors & Omissions (Correction: We Misstated)
/in NewsErrors and omissions insurance is a form of professional liability insurance that protects businesses, their workers, and other professionals. E&O provides coverage for claims of inadequate work or negligent actions.
Insurance Requirements When Undergoing an M&A
/in NewsMergers and acquisitions (M&As) have become increasingly common in the last few decades, hitting new highs in 2021 and bringing in trillions of dollars. In fact, according to PWC, 62,000 M&A deals took place globally—a 24% rise since 2020.
What Makes Apex Insurance Different?
/in NewsApex was founded to fill the service and consultative gap left by agency consolidations in the insurance marketplace.
These consolidations have left customers who are used to a boutique service approach with no personal connection to their team.
Ransomware: What is it and How do You Prevent it?
/in NewsThese software programs are typically extremely difficult and/or expensive to remove once placed. Most often, cyber attackers will demand a hefty, often increasing fee, for owners to reaccess the encrypted files and data; blackmailing business owners into paying the ransom.
Understanding Your M&A Risk Exposure
/in NewsSince 2017, business owners have participated in an annual average of nearly 50,000 M&A transactions, worth over $3.6 trillion per year.
Whether buying or selling, both parties should also be aware of the risks associated with mergers and acquisitions transactions.
Natural Disasters and Commercial Insurance
/in NewsIn 2020 and 2021, U.S. insurers paid $176 billion for natural catastrophe insurance claims alone. This was the highest total in a two-year period for commercial insurance claims relating to natural disasters. In 2021, 20 separate billion-dollar weather-related events occurred in the United States, destroying buildings, businesses, and lives. Business owners cant’ control if a […]
What Does Property and Casualty Insurance Cover?
/in NewsProperty and casualty insurance –also known as P&C insurance– protects property owners and the property they own. P&C insurance is a broad term that includes several different forms of insurance such as homeowner’s insurance, renter’s insurance, and auto insurance. How Does Property and Casualty Insurance Work? P&C insurance functions like other types of insurance. In […]
Professional Liability vs. Errors & Omissions Insurance
/in NewsWhile professional liability insurance (PL) and errors and omissions (E&O) insurance are often grouped together or used interchangeably, the two types of insurance have a few technical differences.