NY Insurance Hub

In the course of doing business, you may sometimes find yourself entering into contracts requiring that your business be named as an additional insured on another party’s insurance policies. This is often done to make sure that your own insurance is not depleted by defense and indemnification costs for losses for which you may be […]

If you’re like most collectors, you’ve put time, money and effort into your endeavor, be that stamps, baseball cards, jewelry, fine art, wine or other collectibles. Your collection is probably valuable to you financially, and some pieces may also hold a sentimental value. However, if the collection is destroyed or damaged, there is a strong […]

Some businesses have very stable property insurance needs as the value of their non-building assets, equipment and inventory doesn’t vary much during the year. Other types of business experience wide variations in the value of their property. Florists tend to carry more stock around Valentine’s Day and Mothers’ Day than they do on most days […]

You may have auto insurance and home or renter’s insurance in place to make sure you are covered in case of an accident. But, depending on the circumstances of a claim, you may have coverage gaps in your insurance, and policyholders that do put themselves, their family and their possessions at risk. You should review […]

A new report by Willis Towers Watson predicts that most commercial insurance lines will see increases in 2020 as the market continues to harden almost across the board, with the only exception being workers’ compensation. Overall, 19 commercial lines are expected to see price increases according to the report, with property, umbrella, and public company […]

Finding a reliable auto repair shop is important for all drivers. A good mechanic can prevent serious accidents by detecting problems early and can also help a vehicle owner save money. Although most auto shops are honest, some dishonest ones cast a negative shadow on mechanics everywhere. It is important to know how they target […]

One of the most unpleasant accidents for a motorist is hitting a deer or other wild animal or livestock. The times of year that motorists in areas with deer, moose or elk are most likely to collide with one of the creatures are October and November, during mating season, as well as spring after the […]

Albany Workers Compensation – Car Crashes a Leading Cause of High-severity Claims Traffic accidents continue to be one of the leading causes of high-severity workers’ comp claims, according to research. The National Council on Compensation Insurance found in a study that the cost of workers’ comp claims for accidents involving motor vehicles was 250% more […]

Determining Who Is at Fault in an Auto Accident Determining who is legally responsible in an auto accident requires identifying who the negligent party is. In most cases, common sense can be used to determine fault, but often drivers do not know exactly which laws were broken by the at-fault party. This makes it more […]

Albany and Capital Region NY Business Growth Can Lead to Increased Risk As the economy continues expanding, companies need to be careful about properly managing their risk, according to a report by Advisen Inc., an insurance research and data firm. Increased activity typically means proportionally additional losses. For example, more trucks driving more miles will […]