Risk & Insurance Articles
Recent news, insights and information on risk management and insurance via Roman Galey.
5 Common Home Disasters That Happen While You’re on Vacation (and How to Prevent Them)
When you’re planning a getaway, worrying about what could go wrong at home shouldn’t be on your itinerary. But from burst pipes to break-ins, the most common (and costly) homeowners insurance claims often happen when no one’s around to catch them. Learn what your policy covers — and the smart steps you can take to protect your home while you’re away.
Understanding the Importance of Tailored Insurance Coverage for Your Business
In today’s fast-paced business world, a one-size-fits-all insurance policy just won’t cut it. Tailored insurance coverage ensures your business is protected against industry-specific risks, regulatory challenges, and unforeseen events. From general liability to cyber insurance, discover the key coverages that safeguard your operations and financial stability.
How the Recent Presidential Inauguration Impacts Political Risk Coverage
The inauguration of a new president brings policy shifts that can impact businesses, from trade agreements to economic regulations. For Mississippi companies with global exposure, understanding political risk insurance is crucial to navigating uncertainty. Learn how these changes may affect your coverage and what steps you can take to stay protected.
Key Differences Between Commercial Excess Liability and Umbrella Insurance Policies
Commercial excess liability insurance and umbrella insurance are secondary coverage policies that attach after primary insurance policy limits—such as general liability, employer’s liability, also known as workers compensastion, and commercial auto insurance—have been...
Why Do I Need… Personal Umbrella Liability Insurance?
After a hectic work week, Jim Marshall was looking forward to a relaxing weekend with his wife and kids. He was just a few blocks from home when his cellphone rang. He glanced down to see who was calling. That split-second distraction was all it took for him to miss...
Business Coverage Insights – What You Should Know About Flood Insurance
Flooding is a risk to any business, whether you are inland or near the coastline. In fact, in the past five years, all 50 states have experienced floods, and at least one in four businesses that shut down from a natural disaster never reopens. According to the U.S....
Are You Prepared for a Flood?
Flash floods can occur within minutes or hours of excessive rainfall, a dam or levee failure, or a sudden release of water held by an ice jam. Overland flooding, the most common type of flooding event, typically occurs when waterways—such as rivers or streams—overflow...
Everything You Need to Know About Boat Owners Insurance
You purchased a boat to provide years of personal enjoyment—ensure your pleasure by choosing the right insurance protection. The Basics A small boat, such as a canoe or other un-motorized boat, is typically covered under the personal property portion of your...
In the Know: What You Need to Know Before Hopping on an E-scooter
By now, you’ve probably seen a few people cruise by on an electric scooter. They may have been a few teenagers on their way to a friend’s house, somebody using the vehicle as a new way to commute to work, or maybe it was even yourself doing the riding. E-scooters have...