Wherever you’re located, you want on-the-ground, local experts to ensure you have the best access, resources, and insider knowledge. At Kapnick, we provide this. While Kapnick is the largest privately-owned insurance brokerage in Michigan, our reach extends far beyond our beautiful Great Lakes’ State’s borders. And if we don’t have direct, personal experience
These recommended practices in this handbook provide responsible employers, workers, and worker representatives with a sound, flexible framework for addressing safety and health issues on diverse construction job sites. The emphasis of these practices is to provide a proactive approach to managing occupational safety and health.
As constantly changing circumstances affect how employers handle their operations and benefits offerings, the ability to get a solid picture of what other companies are doing becomes even more important. In 2021, Assurex Global conducted a series of polls with thousands of employers to gain an understanding from them on a variety of employee
Professionals delivering risk management and insurance services to the construction industry understand, based on their experience, that the types of insurance policies and limits purchased vary by the specialty of a given contractor. Developing actual data to prove those anecdotes and experiences has historically
General liability insurance is designed to cover bodily injury or property damage arising from a contractor’s negligence, not financial damages caused by negligent professional advice. Claims from owners for monetary damages arising from professional advice from contractors have become common, and contractors
You have a lot of decisions to make on a regular basis that have big impacts on your business. So we’ve got big news that can help you! As part of our series of industry-specific benchmark reports on the purchasing decisions of insurance buyers, we just published a 2021 Construction Benchmark Report that dives deep into the decisions made by construction company
The underwriting process for cannabis risks is unique to the cannabis industry. Unlike many other industries, underwriting moves quickly. At Kapnick, we pride ourselves on being flexible yet aggressive. In many cases, carriers will quote based on applications as opposed to accord forms, so having a marketing and service team with strong connections to
A cannabis surety bond can range from $5,000 to $5,000,000 and provides a financial guarantee to a state or municipality that a company will perform according to the laws and regulations governing your license. A surety bond does this in two ways: 1. By requiring companies to be bonded, additional scrutiny of company and leadership’s finances and credit ensures
The following is a case study about the environmental impact of cannabis cultivation and the importance of environmental liability coverage for cannabis operations. As more states legalize recreational and medicinal marijuana, the environmental impact of large-scale cannabis cultivation is being examined more in depth.
In a constantly evolving and sometimes tumultuous market, directors and officers liability (or D&O) insurance is a must in order to protect the financial assets of owners, board members, and executives of cannabis companies, whether public or private. D&O insurance covers