Experts say the impact of the Suez Canal crisis on companies around the world could last for weeks. The crisis highlights the importance of specialty insurance products like business interruption insurance and supply chain insurance. The 1,300-foot-long, 220,000-ton Ever Given ran aground on March 23, 2021, after losing the ability to steer amid high winds …
Insurance Tips for Extreme Winter Weather
February 2021 saw a record-setting winter storm in Northwest Arkansas and across much of the central U.S. Freezing temperatures posed a risk to both lives and property. Officials in our neighboring state of Tennessee have shared some insurance claim information to help consumers know what to do in case of home or automobile damage as …
Permanent Life Insurance Just Got Better
A small change to the tax code that went into effect on January 1, 2021 could have a big impact if you’re looking to buy permanent life insurance. The year-end spending package approved by Congress and signed by the former president lowers the minimum interest rate for permanent life insurance policies. The change could potentially …
How to Store Your Business Insurance Documents Safely Online
“Now, where did we put those documents?” This is probably a question that has crossed your mind in the course of doing business. In the case of insurance documents, the answer becomes critical when something goes wrong. Having quick access to your business insurance documents can sometimes be essential to helping you get your claims …
Insurance Questions and Answers for Small Business Owners
If you’re a small business owner, your business and personal assets need protection from the unexpected costs of running a business. Those include accidents, natural disasters and lawsuits. In some cases, insurance is legally required. The US Small Business Administration has put together a guide to insurance for small business owners. Here are some of …
Keep Your Business Safe from Online Scams
As more businesses large and small have moved parts of their operations online during the COVID-19 pandemic, employees have become increasingly vulnerable to online scams like phishing attacks. According to the Federal Trade Commission, scammers often use email or text messages to trick you into giving them your private information. Scammers may try to steal …