Peggy Fogarty

Sep 4, 2024 | riskandinsurance.com | Paul Sullivan |Gregory DL Morris |Dan Reynolds |Peggy Fogarty

343 Recently in Business Interruption Many business owners assume that BI is covered under their business owner’s policy or commercial property policy. They are not always aware of what may or may not trigger coverage, or that it may be an optional coverage that needs to be customized.

Sep 4, 2024 | riskandinsurance.com | Courtney DuChene |Dan Reynolds |Peggy Fogarty |Rachel Moreno

560 Recently in Global Risk Carriers see room for growth in political risk and credit lines whose rates have remained relatively stable. Businesses confront intensifying economic, geopolitical, and AI-driven risks in 2024, according to Clyde & Co.’s Risk Radar report.

Apr 15, 2023 | riskandinsurance.com | Peggy Fogarty

While insurance products exist to help an insured in the event of a loss, surety bonds are purchased so that a customer can guarantee their work on a particular project will be completed within a certain timeframe and at a reasonable cost. Bonds support everything from a guarantee that a construction project will be completed on time to license and permit products that ensure a company will operate following any specific laws and regulations.

Mar 22, 2023 | riskandinsurance.com | Peggy Fogarty

From an economy straining under the pressure of inflation and prolonged supply chain pressures to increased natural catastrophes over the past few years, cyberattacks and rising jury verdicts, businesses are dealing with more exposures than ever. The cost of managing and transferring risk is rising, and risk managers and their brokers are working to reduce these costs in whatever ways they can.

Feb 21, 2023 | riskandinsurance.com | Peggy Fogarty

As markets harden, insureds from every sector may be experiencing hefty premium increases across lines. In recent years, as the insurance industry has attempted to balance its books in the face of inflation and the aftermath of the COVID-19 pandemic, rate increases have become the norm, even for businesses with good loss histories. Take the commercial auto and workers’ compensation lines, for example.