Nearly every year, more carbon dioxide is released into the atmosphere than the year before. And, much of the carbon dioxide that is generated comes from the US. While we are only 5% of the world’s population, we contribute over 20% of its carbon emissions. Additionally, we use over 30% of the world’s resources and contribute 30% of its waste....

Lloyd’s of London is one of oldest and best known insurance entities. Lloyd’s is not an insurance company, rather it is an insurance market that is overseen and regulated by the Lloyd’s Company. This company makes it possible for those with complex risks to find the coverage  they need. History of Lloyd’s of London In the 1600s, London’s...

Business owners and consumers want to make sure that the insurance company they choose has the financial strength to handle their claims. To help individuals and businesses make good decisions, independent third party entities evaluate insurance companies to test their ability to serve their customers. These carrier ratings tell which companies...

When a building is destroyed, your insurance company will work to make you or your business whole. In most cases, the insurance company will pay for reconstruction so that you can continue to live or work the way you did before the loss. There are many factors that govern how much it will cost to rebuild. There are higher costs associated with...

As an independent insurance agent, you know the unique benefits you offer to your clients. You can offer highly customized and personalized care. You can operate quickly to get them the coverage that they need. You are personally invested in giving them the service and protection that they need. When you work with an independent insurance broker,...

A U.S. District Judge issued a preliminary injunction last month, preventing the new overtime law from going into effect on December 1st as planned. The rule would have affected over 4 million Americans. The new Labor Department rule would require employers to pay time and a half to employees who work more than 40 hours per week and earn less...

The New England construction season is in full swing and that means lots of people on rooftops installing new roofs or making repairs. To comply with your insurance requirements and more importantly to keep your workers safe, keep these roofing safety tips in mind: Check the area for hazards. Point out all power lines above and keep workers clear...

The memorandum “Individual Accountability for Corporate Wrongdoing,” reinforces the Justice Department’s commitment to targeting individual corporate executives when there is corporate wrongdoing. Because of this, the memo, colloquially known as the “Yates Memo” will likely have ripples that touch Director & Officers insurance coverage. A few...

Tourists flock to New England when the weather warms up. To be prepared, you need to find sufficient staff, get your property ready, and make sure you have the right General Liability, Property and Liquor Liability policies in place to protect your business. To ensure that you are meeting the requirements of your insurance and safeguarding your...

The New England construction season is heading into high gear as the weather gets warmer. In construction, sometimes it is impossible to completely avoid working with polluting materials. To keep your crew safe, take precautions to protect them from exposure to dangerous site pollutants. Make sure workers are well-trained. Every time a new worker...

This is proving to be a turbulent year for the excess and surplus lines marketplace. Price pressures, low asset yields and diminishing favorable loss reserve developments have weakened profitability. There has also been some churn in the industry, with mergers and acquisitions shaking things up in the marketplace. A few important changes: The...

It feels like we just got rid of the cold New England winter, but, coastal property owners should already be looking forward and preparing for hurricane season. The Atlantic hurricane season officially runs from July 1st to November 30th. However, major storms can occur outside of these days and put your New England business at risk. To make sure...

Just like other New Englanders, contractors welcome spring’s relief from cold, wet and snowy conditions. But, there are a number of risks that need to be on your mind as the season changes to keep your workers safe and your insurance costs low. Before heading out into pleasant spring weather to do a job, check out our safety tips and spring...