Skip to main content
Category

Business Insurance

Nov 22

UNDERSTANDING THE RISING COMMERCIAL INSURANCE RATE ENVIRONMENT

By Business Insurance, From the Experts, Insurance Update
In the evolving economic landscape, commercial insurance rates continue to trend upward. As your trusted partner, our focus is on empowering you to understand the reasons behind these increases and offer strategies to help you take control of your destiny. Together, we can roll up our sleeves and put in the work necessary to improve your risk profile through strategic decisions and implementing effective measures that ultimately make you a more appealing risk to carriers. As always, our commitment is to work alongside you, leveraging our expertise and resources to help you beat the market trends. RATE TRENDS According to…
Read More
Oct 25

Introducing Kapnick Private Equity Specialists

By Business Insurance
At Kapnick Insurance, our Private Equity Practice Group consists of seasoned executives and industry veterans who are dedicated to addressing the unique challenges and opportunities that exist within the private equity sector. Led by the accomplished duo of Doug Miller and Melissa Selke, our nine-member team is known for delivering high-level solutions tailored specifically for private equity leaders. Our approach isn't just about marketing; it's about providing expert solutions and tangible value that align with your needs. In today's dynamic mergers and acquisitions climate, our innovative insurance risk capital solutions play a crucial role in bridging the gap between buyers…
Read More
Oct 23

The Impact of Nuclear Verdicts on Commercial Insurance

By Business Insurance
In the complex realm of commercial insurance, understanding potential threats and risks that could affect a business is essential. A significant threat that has emerged in recent years is the phenomenon known as nuclear verdicts. Nuclear verdicts have far-reaching implications for both the insurance industry and businesses. WHAT ARE NUCLEAR VERDICTS? Nuclear verdicts are defined as jury awards where the penalties exceed an astonishing $10 million. In recent years, these types of verdicts have seen a substantial increase, causing a ripple effect throughout the insurance industry. It is not only the rising frequency of these verdicts that is concerning but…
Read More
Oct 17

The Crucial Role of Contract Review in Manufacturing: Partnering with Kapnick Experts

By Business Insurance
In the realm of manufacturing, contracts act as the operational spine, weaving together manufacturers, suppliers, subcontractors, and partners under a common understanding of expectations and responsibilities. A single misstep in contracting can expose a manufacturer to significant risks, highlighting the critical role of contract review and the transformative power of partnering with experts at Kapnick.
Read More
Sep 12

Navigating Professional Liability in the Construction Industry

By Business Insurance, From the Experts
In the evolving landscape of construction, contractors often find themselves providing professional advice, straddling the line between design and construction. This shift has led to an increased exposure to professional liability, necessitating a closer look at Contractor’s Professional Liability Insurance.   General liability insurance covers bodily injury or property damage resulting from negligence, but what about financial damages caused by negligent professional advice? That's where professional liability insurance comes in handy.
Read More
Aug 22

Unlocking Industry Insights: The 2023 Manufacturing Benchmark Report

By Business Insurance, Insurance, Insurance Update
Navigating the intricate landscape of the manufacturing industry, especially when it comes to risk management, requires a deep understanding and specialized coverage solutions. Here's where Kapnick Insurance shines. As part of our ongoing commitment to provide industry-specific insights, we're excited to share our 2023 Manufacturing Benchmark Report.
Read More