It often takes an event before people realize what specialty coverage can provide to protect their financial statement from a significant loss. Some events, such as major storms forcing us to analyze wind or flood coverage, covid had everyone reviewing business interruption/property damage coverage restrictions, and earthquakes in areas that have not had earthquakes prompted … Continued
by Jared Sadowski, Vice President, Aviation Practice Leader and Brandon Mohr, Claims In-House Counsel Fixed-base operators (FBOs) offer many important services for aircraft, including crew lounges, hangar storage, maintenance and repair, and refueling at airports across the United States. FBOs use fuel/tank farms with storage tanks and pumps on their property for fueling operations. The … Continued
Running a successful business involves many moving parts. For example, it often takes a team of people with various skills to start and grow a company. Many of these people are essential to the functioning of the business, such as a founding partner, a high-level executive, or a top-performing salesperson. What would happen to the … Continued
By Mak Kelly, Sales Consultant for Commercial Lines Two years after the COVID-19 pandemic caused thousands of businesses to close temporarily, businesses are now struggling to find workers to fill open positions. According to the latest numbers from the U.S. Chamber of Commerce, there are over 10 million job openings across the country, but only … Continued
by Chris Branvold, Consultant, Commercial Lines Department and Education Practice Group Member Educational institutions comprise various work environments, including classrooms, school buses, and sports facilities. Therefore, protecting these diverse types of employees with proper safety procedures and workers’ compensation insurance represents a high priority for school districts and a large portion of their insurance costs. … Continued
Schools, colleges, and universities are intricate networks of different types of jobs across multiple facilities and locations. From an insurance perspective, they face many kinds of risk exposure. At Henderson Brothers, we have been serving the education industry for decades. We understand the school environment and the nuances of resolving education-related issues. Here are several … Continued
There are basically 2 types of “exhaustion” scenarios when you look at the insurance programs of the Named Insured versus the Additional Insured. A typical example is where a Subcontractor (Named Insured) is asked to add the General Contractor to their policy as an Additional Insured. Indeed, the General Contractor, and Additional Insured in this … Continued
by Joe Cravotta, AIF®, Senior Retirement Plan Consultant at HB Retirement With benefits evolving, financial wellness emerging and a war for talent raging, employers must evaluate if their retirement programs are keeping pace with the changing marketplace to ensure they are meeting the needs of current and future employees. Today, employers are shouldering … Continued