Managing business insurance costs effectively starts with a proactive approach to risk management, especially during hard markets when premiums are rising and coverage options are limited. However, with a strategic approach, businesses can effectively manage and reduce insurance costs while ensuring optimal coverage. Here are ten strategies to help control business insurance costs: 1. Conduct...Read More

Inland marine insurance was previously used by those in the marine industry to protect against property losses before, during and after water transfers. As decades passed, cargoes started to be transferred on land, and thus, the term “inland marine” was coined. These policies became known as “floaters” because the property covered was originally “floating” in...Read More

Do you want to run your business stress-free? Maximize downtime protection with our comprehensive business income coverage!Read More

Tooher-Ferraris Insurance Group has been at the forefront of offering innovative insurance protection tailored specifically for condominiums and associations. In our experience, one of the most important decisions condo boards make is choosing the right insurance program. If you’re struggling to manage your condominium association effectively, don’t worry—you aren’t alone. Self-managed boards are highly likely...Read More

Run your nonprofit board with maximum peace of mind – get your NPO protected with Directors’ and Officers’ insurance today!Read More

10 Essential Cybersecurity Controls   Cyber incidents—including data breaches, ransomware attacks and social engineering scams—have become increasingly prevalent, impacting organizations of all sizes and industries. Such incidents have largely been brought on by additional cyberthreat vectors and growing attacker sophistication. As these incidents continue to rise in both cost and frequency, it’s crucial for organizations...Read More

In the event of a catastrophic commercial property loss, the process of getting your business back up and running can be overwhelming. Although infrequent, these types of claims can severely impact operations, earnings, team members and the company’s reputation. Responding to a loss can seem daunting in the moment, especially considering the first few hours...Read More

The Occupational Safety and Health Act (OSH Act) requires covered employers to report workplace injuries and illnesses and to prepare and maintain records of occupational injuries and illnesses. The Occupational Safety and Health Administration (OSHA), which is part of the U.S. Department of Labor, is responsible for monitoring compliance with the OSH Act’s reporting and...Read More

Long-range forecasts are already calling for the 2024 Atlantic hurricane season to be extremely active. Commercial weather forecasting service AccuWeather has released its expectations for the 2024 season, including warnings that hurricanes could wreak destructive havoc on areas along the Atlantic and Gulf coasts this year. Conditions are expected to resemble those of the 2005...Read More

The Occupational Safety and Health Administration (OSHA) requires employers subject to its recordkeeping requirements to post copies of their OSHA Form 300A between Feb. 1 and April 30 of each year. Employer Action Steps On February 1, employers subject to OSHA recordkeeping requirements must ensure that copies of their completed Forms 300A are posted in...Read More