business insurance News

The Hartford: 25% of Americans Own a Side Business, Most Go Unprotected

A new survey from The Hartford found that 25 percent of Americans, which equates to approximately 57 million people, own a side business (a business that is not their primary source of income). The majority of side business owners surveyed …

Volcanic Eruption a Reminder That Insurance May Not Cover Everything

The eruption of Mount Kilauea in Hawaii is a reminder to business owners, even those nowhere near any of the 169 volcanoes in the U.S., that they could be vulnerable to nature’s most destructive forces. And that they need to …

Media Vet Business Insurance Abruptly Shuts Down; Industry Consolidation, ‘Continued Structural Changes’ Blamed

Business Insurance – a well-known industry publication for 49 years, has been abruptly shut down by parent company Crain Communications. The final issue of Business Insurance came out on Aug. 1. The publication’s website, its businessinsurance.com, and the Business Insurance …

With No Insurance or Business Plan Wisconsin Snuggle House Closes

So much for snuggling in Wisconsin. The owner of Madison’s new Snuggle House has decided to shut down just three weeks after opening the doors, choosing to pack up his pillows and beds under intense scrutiny from city officials who …

3M UK Homeworkers Potentially Operating Without Proper Insurance: AXA

As the number of people who work from home continues to rise, statistics from AXA Business Insurance suggest that the majority of the 5.4million [2] homeworkers in the UK are, probably unknowingly, operating without the insurance cover they need and …

Q&A With Attorneys on Emerging Business Insurance Topics

As companies large and small grapple with losses in Sandy’s aftermath, a number of critical — and costly — business questions have emerged. Darlene Alt and Robert DiUbaldo, two experienced insurance attorneys from international law firm Edwards Wildman Palmer LLP, …