With more workers returning to in-person work settings, nonprofits are witnessing a steady rise in employment practices liability insurance (EPLI) claims. According to data from the Equal Employment Opportunity Commission (EEOC), EPLI claims have been on the uptick since 2003, with a staggering 37,632 workplace retaliation claims filed in 2020 alone—a number that continues to […]
Errors 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. Watch the video below as Peter Katkov, the founder of Apex Risk and Insurance Services, explains E&O insurance. The Role of Errors and Omissions Insurance […]
D&O offers liability coverage for company directors and officers to protect them if they are sued as a result of performing their duties at a business. This form of liability insurance serves as a standard indemnification provision, which protects officers in their role in a business.
Nonprofit organizations play a vital role in our communities, working towards various social causes and missions. However, like any entity, they are not immune to legal challenges and disputes. What many nonprofits may not realize is that board members can be held personally liable for the organization’s actions. This is where Nonprofit Directors & Officers […]
In the world of business, uncertainties are as much a part of the journey as successes. This truth holds especially when it comes to transporting goods – a crucial aspect of many industries. As your meticulously crafted products set forth on their global voyage, there’s a sea of challenges they could encounter. Storms, mishaps, and unexpected obstacles await, posing a potential risk to your investment.
The safety and well-being of guests are a necessity in the hospitality industry. Whether it’s hotels, restaurants, entertainment venues, or event spaces, guest safety stands as an unwavering priority. So, where do these vigilant hospitality leaders look to safeguard their guests? The answer lies in liability coverage.
Running a construction company involves more than just building impressive structures—it also means managing risks. From unexpected property damages to workplace injuries, unforeseen events can throw a wrench into your projects and financial stability. That’s why having the right insurance coverage is crucial to protect your construction business and keep things running smoothly.
In the world of real estate, there’s a crucial player that often flies under the radar: commercial insurance. While it might not be the most glamorous topic, it’s an absolute must-have, especially when dealing with the unpredictable wrath of Mother Nature – yes, we’re talking about natural disasters. Imagine this scenario: You’ve invested in a […]
Transportation and logistics are intricately linked components within the realm of supply chain management, operating in concert to facilitate the smooth movement and delivery of goods. A nuanced understanding of their distinctions is pivotal in efficiently executing the process. Transportation primarily revolves around the tangible act of physically conveying goods or people from one location […]
Investing in commercial real estate can be a great opportunity for financial growth, but it also comes with risks. To protect your investment and minimize potential losses, it’s important to understand why insurance is crucial in the commercial real estate world. In this blog post, we’ll explain why insurance matters for commercial real estate investors […]
Running a business comes with a myriad of risks and uncertainties. To protect your business from potential financial liabilities and unexpected mishaps, it’s crucial to consider obtaining general liability insurance. In this blog post, we will explore the importance of general liability insurance, what it covers, and why it’s essential for businesses of all sizes. […]
Errors and omissions (E&O) insurance provides essential coverage for professionals in various industries, protecting against claims of negligence, mistakes, or omissions in their work. While having E&O insurance is crucial, it’s equally important to understand the common claims that arise and take proactive measures to prevent them. In this blog, we will explore some frequent […]
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