Safeguarding Your Business and Executives

Tooher-Ferraris Insurance Group has been a trusted partner to businesses for decades, providing tailored insurance solutions. We recognize that every business is unique, with its own set of challenges and opportunities. Our commitment is to safeguard your organization and its executives by delivering insurance coverage perfectly matched to your specific needs.

Comprehensive Protection for Your Business and Executives

Executive risk insurance is essential for safeguarding your organization against financial threats. Our coverage includes:

Protecting Executives

Director and Officer Liability

Protects executives from personal losses if they are sued for wrongful acts while managing the company.

Employment Practices Liability

Covers your business against claims made by employees alleging discrimination, wrongful termination, harassment, and other employment-related issues.

Errors and Omissions

Provides protection against claims of inadequate work or negligent actions by your business.

Safeguarding Business Operations

Fiduciary Liability

Protects those responsible for managing employee benefit plans against claims of mismanagement.

Kidnap and Ransom

Offers coverage for ransom and other expenses related to the kidnapping of executives or employees.

Media Liability

Covers legal risks associated with media content, including defamation, copyright infringement, and privacy violations.

Financial and Cyber Security

Crime

Protects your business from losses due to criminal activities such as theft, fraud, or embezzlement.

Social Engineering

Provides coverage for losses due to social engineering fraud, such as phishing or other deceitful tactics.

Multinational Exposure

Offers protection for businesses with international operations, addressing risks that arise from operating in multiple countries.

Data Breach/Cyber Liability

Covers the costs associated with data breaches and cyber attacks, including notification expenses, legal fees, and loss of income.

Business Insurance

Property & Casualty

Executive Risk

Technology Risk

Workers Compensation

Surety Bond

Employee Benefits

Insights

November 20, 2024

Legal Alert: Don’t Forget About Your Gag Clause Attestations

When the Consolidated Appropriations Act, 2021 (the “CAA”) was enacted on December 27, 2020, it included a provision that prohibits group health plans and health insurance carriers from entering into certain agreements that, either directly or indirectly, restrict the release of certain information related to provider networks and de-identified encounter data, among other things. Such […]

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October 28, 2024

Legal Alert: Are You Prepared to Comply with the New Mental Health Parity Final Rule in 2025?

On September 9, 2024, the DOL, IRS, and HHS released a final rule for the Requirements Related to the Mental Health Parity and Addiction Equity Act (The “MHPAEA Final Rule”).  The MHPAEA Final Rule is similar to the Proposed Rule released on July 25, 2023, with some marked differences.  While the MHPAEA Final Rule is […]

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October 23, 2024

IRS Adjusts Health Flexible Spending Account and Other Benefit Limits for 2025

On October 22, 2024, the Internal Revenue Service (IRS) released Revenue Procedure 2024-40, which increases the health flexible spending account (FSA) salary reduction contribution limit to $3,300 for plan years beginning in 2025, an increase of $100 from 2024.  Thus, for health FSAs with a carryover feature, the maximum carryover amount is $660 (20% of […]

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October 21, 2024

The Financial Benefits of Offering Additional Health Plans

Employers are increasingly aware of the need to provide flexible and comprehensive health benefits to attract and retain top talent. While offering multiple health plan options may seem like an added expense, it can actually lead to significant cost savings for companies in the long run. By catering to the diverse needs of employees, employers […]

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October 21, 2024

What You Need to Know About Executive & Professional Liability Insurance

As a business executive, the decisions you make can significantly impact your company and stakeholders. In today’s increasingly litigious environment, even the most experienced professionals face legal risks that could potentially derail their careers. For executives, having the right professional liability coverage is crucial. This guide highlights key coverage details, industry-specific needs, and strategies to mitigate […]

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October 21, 2024

How to Choose the Right Commercial Truck Insurance

The transportation industry is the backbone of commerce, moving goods across vast distances to ensure supply chains stay intact. If your business relies on a fleet of trucks, ensuring they are protected is very important to your bottom line. Commercial vehicle insurance helps you comply with legal requirements and safeguards your operations from financial pitfalls in case […]

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Ready to Secure Your Business?

Your business deserves the best protection available. Contact us today to discuss your specific needs and how we can tailor a comprehensive insurance package for you. Our friendly, knowledgeable staff is here to assist you every step of the way.

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