by Jack Kehl, AFSB Some background Recently, I spoke with one of my contractor clients who faced challenges on a project due to a failed subcontractor. After 25+ years in Surety, this story is all too familiar: bid day + low subcontractor turnout. Of the ones who do...
By Jack Kehl During my 20-plus years in the surety industry, I have been asked one question more than any other: “What is my bonding capacity and how is it determined?” Unfortunately, this simple question is the most difficult one for a surety agent to answer and...
If you’re an owner, board member or executive of a private company without directors and officers liability insurance, you may be putting yourself at risk against lawsuits by regulators, customers, vendors, competitors or partners. The reality is the frequency of...
A few years ago, the Insurance Information Institute released an article about hosting office holiday parties responsibly, and lowering your risks of liability. The article still holds true today, we we’ve provided it below to give you some food for thought when...
Cyber losses are real and the costs of these claims are mounting as hackers become more sophisticated and the reporting requirements increase. According to the NetDiligence Data Breach Cost Calculator, here are some estimated claims costs for various types of cyber...
4 reasons small businesses decline EPLI coverage By Jeff Barnes Many owners of smaller businesses make assumptions about Employment Practices Liability Insurance – and some of those assumptions are not true. EPLI coverage provides vital protection for a small... Subscribe to our blog
We’ll keep you updated on all things insurance.
