Delaware Business Insurance Update, From CNC Insurance Associates, "How Congress Has Let Down Business" 01-05-15

Congress left on the Christmas break without passing a terrorism extension. This unexpected turn of events has left business owners extremely vulnerable. With no Federal back stop, coverage has dried up in the private market. Insurance companies didn't see it coming and have no financial resources to pick up the coverage. So Congress let down business by leaving them uncovered. Hopefully after they return they will pass an extension. If not it could be a major problem for business as the private market cannot provide the coverage and businesses may have to operate with none. Yikes !!
Until next time be careful out there and know your risks.

G. Kevin Nemith, President CNC Insurance Assoc. And the Small Business Insurance Center.
Serving DE, PA, MD, NJ, & VA
www.cncinsurance.com
www.bizinsurancetv.org

Popular posts from this blog

Delaware Legislature Preparing To Revisit Dram Shop Liability

Get employees back to work quickly to keep work comp costs down

Important to notify insurance company of potential liability claims