Category

Insurance

Sep 11

Navigating Liability Risks for Funeral Homes

By Business Insurance, Insurance
Funeral homes play a vital role during a family’s most challenging times—but with this responsibility comes unique liability risks. Many owners mistakenly believe general liability insurance covers every scenario, but this is a costly misconception. Comprehensive funeral home liability insurance is essential to protect your business from risks tied to the sensitive professional services you provide. Why General Liability Isn’t Enough General liability insurance protects your business from basic risks like slip-and-fall accidents, property damage, and personal injury on your premises. For example: A guest slips on a wet floor and is injured. An employee accidentally damages a family heirloom.…
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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.
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Jul 31

Unlock Insights with Our 2023 Construction Benchmark Report

By Business Insurance, Insurance, Insurance Update
As a business owner, you know that the decisions you make can have significant impacts on your success. That's why we have exciting news to share! Our latest industry-specific benchmark report focuses on the purchasing decisions of insurance buyers in construction, and we've just released our benchmark report for 2023. The construction industry generates $1.3 trillion of economic activity annually and employs almost 8 million people. As we navigate the uncertain economic climate, knowledge is power. In 2021, overall construction spending increased by 7 percent, while residential construction spending decreased this year. Infrastructure spending has seen an uptick-- thanks in…
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Jul 28

Navigating the Complex World of D&O Policies with Kapnick: A Case Study

By Insurance, Personal Insurance, Risk Solutions, Specialty Risk
In the unpredictable world of risk management, unusual situations demand innovative solutions. Kapnick’s 'One Firm' approach recently showcased its ability to deliver custom D&O insurance solutions for private clients, ensuring peace of mind and robust protection. Why D&O Policies Matter Directors and Officers (D&O) policies protect personal assets from lawsuits. However, these policies can be complex and expensive. Many private clients find them daunting, but they are essential for safeguarding the lives they’ve worked hard to build. A Unique Challenge Solved with Custom D&O Insurance Solutions One private client faced a serious dilemma. Invited to join a for-profit board, the company’s D&O…
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