Category «Risk Management»

Myth #5: Certificates Of Insurance Add Additional Insureds

There has been so much going on lately that I have not had a chance to get back to my installment series, “Top 10 Commercial Insurance Myths & Misconceptions”.  To recap, we have covered #1-4: 1.  Your Business Is “Fully Covered”. 2.  Policy Forms Are “Standard” And Cannot Be Negotiated. 3.  Fraud Claims Are Not …

Myth #1: Your Business Is “Fully Covered”

Last week I provided a list of my top 10 commercial insurance myths and misconceptions.  Today I want to start with the first misconception on the list: Your Business Is “Fully Covered”. I hear this a lot from clients.  From a liability standpoint, it usually means their company has a comprehensive general liability (CGL) policy …

10 New Year’s Resolutions For The Commercial Insurance Buyer

Now is a good time to review your commercial insurance programs and risk management plans to ensure that your company is adequately covered in 2012. Here are just a few of the issues risk managers, CFOs, and business owners should be looking at in the new year: 1. Have you updated your disaster contingency plans …