business owners insurance News

Business Owners’ Risk Management Acumen Falls Short in Modern Era: Broker

In an era of increased business risk, the owners, CEOs and founders of small-medium enterprises (SME) and technology startups are falling short in both evaluating these risks and showing the right acumen for risk management. According to a report released …

Berkshire Hathaway GUARD Adds BOP Product in Illinois

Berkshire Hathaway GUARD Insurance Companies (formerly known as GUARD Insurance Group) has begun offering businessowner’s policy (BOP) and umbrella coverage in Illinois. The company already has an established presence in the state with workers’ compensation premium totaling about $10.5 million …

FirstComp Launches Small Business BOP Product in Hawaii

FirstComp, a division of Markel Service, Inc., has launched a new small business owner policy, FirstComp EssentialBOP, for FirstComp-appointed independent agents writing business in Hawaii. The BOP product is also available in Arkansas, California, Michigan, Nebraska, North Carolina, Pennsylvania, Tennessee, …

Texas Issues Special Data Call for Commercial Property Insurance Coverage

The Texas Department of Insurance is issuing a special catastrophe areas data call to property/casualty insurers who write direct commercial property and businessowners insurance in Texas. Information collected under this data call is for 2013. The Texas Windstorm Insurance Association …