by Kelli Young | Dec 12, 2022 | Business Insurance, Case Study
What Is a Nuclear Verdict? A Nuclear verdict refers to exceptionally high jury awards—generally, those exceeding $10 million. Such verdicts have become increasingly common in the past decade. In fact, the National Law Journal reported the average jury award among the...
by Kelli Young | Nov 21, 2022 | Business Insurance
Whether for reasons of financial difficulty or otherwise, your business may carry a number of vacant properties. When determining what kind of risk management efforts are necessary, it may seem that compared with managing a fully functioning commercial building, it...
by Kelli Young | Nov 14, 2022 | Business Insurance
Owning a vacant building can pose serious liabilities because vacant buildings are more susceptible to vandalism, undetected repairs, fire and other losses. If you own vacant property, it’s advisable to purchase vacant property insurance, also known as vacant...
by Kelli Young | Nov 7, 2022 | Business Insurance
If you own commercial property, choosing a property insurance policy that fits your specific needs is important and understanding the difference between Market Value & Replacement Cost insurance is important for anyone who owns a business. A wide variety of policy...
by Kelli Young | Oct 17, 2022 | Business Insurance, General Liability Insurance
Almost every organization faces general liability exposures. A general liability loss exposure is a condition or situation that presents the possibility of an organization becoming legally and financially responsible for injury, harm or damage to another party. These...
by Kelli Young | Sep 26, 2022 | Business Insurance
As intellectual property becomes a vital part of more firms’ assets, businesses must consider the additional exposures they face. There are several types of intellectual property protected under federal law: trademarks, copyrights, patents, trade dress and trade...
