Posts in Commercial Insurance

  1. How to Prevent or Reduce Theft in Your Organization

    With many businesses closing or switching to remote work due to current events, many buildings and storage yards are unattended. Aside from installing or reactivating central station monitored alarm systems, here are ways you can keep your business safe from theft.

  2. Business Interruption Claim: What You Need to Know

    Lots of questions A number of clients have been in conversation with us to inquire whether or not economic loss caused by disruptions tied to Covid-19 would be covered under their Business Interruption policy. Here is an outline of what you need to know. Policy Stipulations Unfortunately, these policies were designed by carriers to replace […]

  3. Is Your Business Covered for Pandemics Like Coronavirus Disease 2019 (Covid-19)?

    There’s justifiably a lot of fear and concern swirling around the news of a fast-spreading contagion—COVID-19, also commonly referred to as Coronavirus. Not only can this new contagion purportedly have a long incubation period without symptoms, there are still unknowns related to means of transmission and a lack of reliable data as to infection rates […]

  4. Protect and Fortify Your Manufacturing Business in Light of the U.S. Economic Forecast

    PSA recently hosted a seminar and panel discussion in partnership with the Regional Manufacturing Institute of Maryland (RMI) at which expert economist Anirban Basu discussed the future of Maryland manufacturing as it relates to the state of the U.S. economy. In 2019, and against all odds, the U.S. economy experienced low inflation levels and low […]

  5. Shining Light on the Dark Web – Cyber Risk Management Strategies to Minimize Impact on Your Business

    There’s a suspicious-looking person in a trench coat typing away at a keyboard in a dark room. Are they stealing data? Selling drugs? Hiring hitmen for a job? This is what we think of when we hear the term dark web. In a recent webinar I hosted with Emily Wilson, VP of Research at Terbium […]

  6. Is Your Company Prepared for a Medical Emergency? Create an Emergency Response Team.

    Did you know, your business—whether based in an office or at a construction site—must comply with certain federal requirements for first aid and emergency medical treatment? What many people don’t realize is that having a first aid kit and calling 9-1-1 are not enough. You likely need an Emergency Response Team for your company. Here’s […]

  7. Stop the Stigma. Prevent Abuse with Risk Management

    Did you know that one in four girls and one in six boys will experience some type of physical, sexual, or mental abuse, and that 80% of abuse cases go unreported? The expansion of the #MeToo movement has brought to light the severity and frequency of abuse scenarios, and has also aided in breaking down […]

  8. Experience Modification Rate De-Mystified: How It Affects Your Workers’ Compensation Premium

    As a commercial business owner, you may have heard about the Experience Modification Rate (EMR), but what is it, and how is it calculated? It’s important to understand because it affects your workers’ compensation insurance premium, and an expensive policy can take away from money you could spend elsewhere and impacts your bottom line. This […]

  9. What Is Cyber Insurance and Why Is It the New “Must Have” for Businesses?

    If you’re like millions of business people, your usual Monday morning probably consists of starting up your computer, checking email, catching up on news and trends related to your industry, logging into systems, and getting a general lay of the land to plan out your week. If your typical routine doesn’t involve technology in some […]