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Blog Page
17 Jan, 2023
Joint Ventures
A joint venture is an entity formed by two or more businesses in order to pursue a specific purpose for a specified period of time. While some states require joint ventures to be legally filed, other states recognize any entity that meets the definition. A partnership differs from a joint venture as the former lasts indefinitely and its purpose may change.
12 Jan, 2023
Identity Theft
ID theft is a form of fraud that has been around for as long as there have been dishonest people. It is a high-profile problem because technology has created many more opportunities for this crime.
29 Dec, 2022
Emerging and Silent Insurance
Insurance tends to be conservative for various reasons. Chief among them is regulations. Insurance companies must comply with rigid state requirements regarding every aspect of their operations. Naturally, the regulatory situation becomes increasingly complex when operations include more than one state. No matter how agile or proactive an insurer may wish to be, its regulatory environment restraints its operations.
13 Dec, 2022
How Insurance Handles New Exposures
Insurance, even in the 21st Century, is typically considered similar to an ocean liner: it is huge and, while it can adjust its course, it doesn't do so quickly or particularly with grace. In other words, it is often a long, painful process for insurance to work out how it deals with new or evolving exposures.
20 Nov, 2022
A Few ‘Non-Negotiables’ about Your Personal Umbrella Policy
So maybe you’re still on the fence about whether purchasing a personal umbrella policy is a good move for you and your family. Following is a list of “non-negotiables” — that is, these are the exposures your family may have that make having an umbrella policy a must.
15 Nov, 2022
Umbrella Insurance Features and the Risks it Won't Cover
The features of an umbrella policy can vary widely, and determining the functionality of the policy can assist you in considering what policy is best for your business.
15 Nov, 2022
Electronically Stored Information
For various reasons, you may be required to reproduce and share Electronically Stored Information (ESI).
08 Nov, 2022
Expectations of Hard and Soft Markets
Let's discuss how hard and soft markets can affect your business.
08 Nov, 2022
Introduction to Hard and Soft Markets
If underwriters do a good job of writing business with adequate rates and investors do a good job of investing, companies profit.
18 Oct, 2022
Workers Compensation
The workplace is an extremely common setting for a person to be injured. The Workers Compensation and Employers Liability Insurance Policy are used to provide insurance coverage that usually involves paying for medical treatment and disability and handles lawsuits from injured workers.
27 Sep, 2022
Guard against Cyber Attacks with Cybersecurity Insurance
Ransomware attacks are among the latest, costly means by which hundreds of organizations and tens of thousands of computers have been infected throughout the world. Learn more about how to guard your business and technology against cyber attacks.
22 Sep, 2022
Different Commercial Umbrella Policy Types
Did you know there are different commercial umbrella policy types? This blog explores the different types of commercial policy types. Call and speak to a Trusted INSURENEX team member to discuss what commercial umbrella policy best fits your business needs.
14 Sep, 2022
What is Umbrella Insurance?
What are the details of umbrella insurance and what does it cover?
25 Jan, 2022
Policy Insurance Limits
If you examine the insurance policy covering your business, you'll see an insurance limit. For instance:
03 Dec, 2021
Electric Scooters
Some cities have fought against the disruption caused by E-scooters. E-Scooter Rental companies have usually taken a strategy used by more mature, sharing and gig economy players such as Airbnb. Rather than adhere to traditional business entry practices, such as undergoing licensing or permit protocols, E-Scooter companies often show up in an area overnight, without advance notice.
16 Nov, 2021
Cyber Crime and Your Business
Cyber attacks are a significant issue for every risk manager and business with any type of computer device and electronic data. If you have not suffered a cyber incident such as a system hack, data stolen or held hostage for ransom, or a phishing email scam, sit tight because the possibility is more significant than you might think.
25 Feb, 2021
Social Media Liability
Your chances of suffering a loss is increasingly affected by your use of the Internet and, particularly, social media. Increasing your awareness of social media liability loss exposures may help you to minimize or avoid them.