From equipment theft to chemical exposure, the lawn care industry is not without its fair share of risks. Lawn care companies typically face three primary risks: general liability, commercial automobile exposure, and worker safety. Protecting your lawn care business from risks is not just about compliance—it’s about ensuring long-term success. By understanding common industry risks … Read more
The 238,000 excavation businesses in the U.S. have faced a dynamic environment in recent years, influenced by shifts in the housing market and higher interest rates impacting funding for new projects. These economic pressures add to the already high-risk nature of the job, where safety concerns and potential liabilities are an everyday concern. As an … Read more
In today’s rapidly evolving digital landscape, the construction industry faces increasing exposure to cyber risks. Data breaches, ransomware attacks, and phishing scams have become common threats, highlighting the importance of cyber insurance with resolution services for construction companies. These risks can have severe consequences, including financial losses, reputational damage, and operational disruption. Read the article … Read more
In today’s professional landscape, businesses that offer specialized services, consulting, or advice to their clientele or customer base face unique risks. Errors and Omissions (E&O) insurance, or professional liability insurance, provides essential protection against claims resulting from negligence or improper advice within those consultative activities. This coverage is indispensable for professionals such as veterinarians, photographers, … Read more
Heavy equipment is not just an investment for construction businesses—it’s the foundation of your operations. These machines, from excavators to bulldozers, are critical to getting the job done. However, with such high-value equipment, the potential for loss or damage poses a significant risk. Heavy equipment insurance is designed to protect your construction business, but understanding … Read more
Artificial intelligence (AI) is transforming the construction industry in remarkable ways. As projects become more complex and safety demands intensify, AI offers practical solutions to long-standing challenges. From preventing accidents to streamlining operations, AI is a powerful ally for construction professionals. At its core, AI empowers teams to anticipate problems before they happen. By analyzing … Read more
The construction industry is experiencing a labor crisis. A combination of retiring skilled workers, fewer young professionals entering the trades, and pandemic-related disruptions have led to a shortage beyond sheer numbers. A skilled labor shortage is at the heart of the issue—a gap where the demand for qualified, experienced workers far exceeds supply. This shortage … Read more
2025 looks promising for large construction companies, with projections indicating an 8.5% growth in total U.S. construction starts, fueled by a positive economic outlook, robust government investment, and declining interest rates. As engineering and construction firms like yours prepare for the year ahead, focusing on key risk areas can help you take proactive measures to … Read more
Tow truck companies face unique risks—from navigating road hazards to handling damaged vehicles—that require tailored strategies to manage liability and reduce insurance claims. Why does this matter? Expensive claims can lead to increased premiums or even jeopardize your coverage. You can protect your business, employees, and insurance providers by implementing proactive loss control measures. Read … Read more
As a tow truck business owner, you face unique risks—from road accidents to damaged vehicles during towing. The right tow truck insurance is critical to keeping your operations protected, compliant, and profitable. In this article, Jason McConkey, director of transportation underwriting at Central Insurance, shares six types of essential tow truck insurance coverages your business … Read more