Baltimore will purchase $20 million in cyber liability insurance coverage

Cyber Liability Insurance Coverage - Baltimore

The city is taking preventative action after having already suffered a massive ransomware attack. Baltimore has just committed to purchasing $20 million in cyber liability insurance coverage. That city experienced a massive ransomware attack last spring. The city is still paying off the bills for the contractors who participated in the city’s digital recovery. The costs from the ransomware attack on Baltimore are increasingly coming due. As those expenses loom, city officials are preparing to purchase $20 million in cyber liability insurance coverage to pay for any potential disruptions that…

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Hobby farm insurance offers solutions for operations of all size

Hobby Farm Insurance - Chickens and Rooster

It’s important to make sure a policy provides the right amount of coverage for each component. Hobby farm insurance is a unique type of coverage because many types of growers policy are designed for much larger operations. That said, the right coverage does exist, and it’s important to make sure your policy is a solid fit. Hobby farming is far from the large industrial operation that are commonplace across the country. The type of hobby farm insurance you require depends on what you’re doing, how you’re doing it and where…

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3 Mistakes to Avoid When Obtaining Sports Injury Insurance

Sports injury insurance

Do you or one of your family members regularly play full-contact sports? Injuries happen whether we want them to or not. So if you aren’t prepared, you might not have the right type of insurance to cover your medical expenses and bills. Believe it or not, your league can obtain medical insurance for sports injuries for players, volunteers, and other participants. So if something were to ever happen to you or one of your teammates and you find yourselves in need of sports injury doctors, you’ll have the necessary coverage…

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Birthday and party clown insurance puts a smile on everyone’s face

Clown insurance - person dressed up as a clown

These entertainers need a specific type of coverage to protect them against their unique risks. Entertainers who work at birthdays and other types of parties can benefit from purchasing clown insurance coverage. Though most events will go relatively smoothly, it takes only one mishap involving an injury or damaged property during a performance to bring on a lawsuit with substantial financial consequences. Entertainment may sound fun but it is also a business in which liability protection is necessary. While some entertainers purchase general liability insurance, others look for specific clown…

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Is bookkeepers insurance for professional liability necessary?

Bookkeepers Insurance - accounting - computer - calculator

Many small business owners in this area don’t realize how important this coverage is. Bookkeepers insurance is an often overlooked by freelance professionals who don’t realize how vital it is to protect themselves against risks their general commercial liability policies don’t cover. This coverage is in the form of professional liability insurance. Keeping books involves a number of risks that are unique to this task and not covered by general policies. Professional liability bookkeepers insurance helps to protect your business or consultancy from risks general commercial liability policies don’t cover.…

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Small insurance companies facing scrutiny receive IRS deal offer

Small insurance companies - Business

The goal of the deal is to ensure tax payment plus interest in exchange for dropping the case. The I.R.S. has offered small insurance companies under tax avoidance scrutiny a way to avoid penalties through a new offer. This offer would give the insurers the opportunity to pay all outstanding back taxes – in addition to interest – in order to close their cases and face no further penalties. The Internal Revenue Service is working to help to correct the tax avoidance and prevent it in the future. The small…

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Dog groomer insurance helps your pet salon avoid risks unique to your business

Dog groomer insurance - go getting bath

Whether you groom from home, have a dedicated salon or have a mobile unit, you need coverage. Many business owners don’t realize that there are specific policies available to provide dog groomer insurance coverage. All too often, they purchase a general commercial policy which doesn’t offer the type of specific coverage unique to this kind of business. The type of policy you’ll need depends on the nature of the services you provide your customers. It’s important to recognize that there isn’t a standard dog groomer insurance policy, so it’s up…

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