While employers have traditionally insured their employee benefits risks through an outside insurance carrier, savvy employers are opting to explore alternative employee benefits programs, such as self-insuring. With the right program in place, self-insuring helps employers control costs and manage the risks associated with providing
Employees are walking away from their employers in record numbers, with what has been coined, the Great Resignation. A Prudential survey conducted toward the end of 2021 found that 46% of workers were actively seeking or considering finding a new job, and labor statistics backed those findings. According to the U.S. Labor
A single disruptive event in any part of the world could initiate a supply chain nightmare for your company. And disruptions are more common than one might imagine. A recent survey of over 500 companies from 68 countries across 14 different industry sectors conducted
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
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