Small Business Insights: Preventing Theft and Vandalism

By SCSAI / January 6, 2025 / 0 Comments

Theft and vandalism pose significant risks to small businesses, leading to financial losses and operational disruptions. It highlights the importance of implementing prevention strategies, having response protocols, and securing adequate insurance coverage to protect business assets and ensure continuity. DOWNLOAD  

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Small Business Bulletin: January 2025

By SCSAI / January 6, 2025 / 0 Comments

Take a look at these five essential insurance policies for small businesses, including commercial property, employment practices liability, workers’ compensation, commercial auto, and professional liability insurance. Understanding these policies is crucial for small businesses to protect their assets, employees, and financial stability against various risks and liabilities. DOWNLOAD

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Protecting Your Business From Lawsuits

By SCSAI / November 21, 2024 / 0 Comments

Small businesses face significant risks from potential lawsuits, making it essential to take proactive measures. Key strategies include conducting regular risk assessments, securing liability insurance, and ensuring compliance with legal standards. By choosing an appropriate business structure, hiring experienced legal counsel, and maintaining thorough records, small business owners can protect their finances and reputation. Comprehensive […]

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Commercial P&C Prices Up 5.1% in Q3, Umbrella Leading the Pack

By SCSAI / November 21, 2024 / 0 Comments

Commercial property and casualty insurance premiums rose by 5.1% in Q3 2024, driven by an 8.6% increase in umbrella insurance due to social inflation and litigation. While umbrella insurance costs surged, other lines like commercial auto and property saw moderated increases. Meanwhile, competition led to price decreases in directors and officers (D&O) and cyber insurance. […]

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10 Tips to Winterize Your Business

By SCSAI / October 23, 2024 / 0 Comments

As winter draws near, small businesses face unique challenges from the season’s weather. From safeguarding against property damage to adapting to shifts in customer behavior, winter can greatly affect operations. To thrive despite these hurdles, small business owners must proactively mitigate winter’s impact. Discover our top 10 tips for successfully winterizing your business and stay […]

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How to Mitigate Supply Chain Risks

By SCSAI / October 23, 2024 / 0 Comments

Consumers now demand abundant choices and ultrafast delivery, making a robust supply chain essential. However, its fragility can cause bottlenecks, affecting production and customer satisfaction. Building resilience in the supply chain helps small businesses quickly recover from disruptions, maintain customer loyalty, and ensure smooth operations. DOWNLOAD

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