Swift University
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A Commercial Umbrella Could Extend Your Liability Coverage for Less Than You Think
April 15, 2024
Post Insurance Services reports that employee lawsuits in the United States have risen a staggering 400% over the last 20 years. And over 40% of those lawsuits are brought against private companies with fewer than 100 employees.
Whether you settle or go to court, it's not cheap. "The cost of settling out of court averages $75,000,...
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Cut Your Commercial Construction Risk
April 6, 2024
If you construct commercial or institutional buildings, you know the market for new construction has had its ups and downs. Contractors benefited from an uptick in commercial and multifamily starts in 2021 and 2022 only to see demand fall in 2023 due to rising interest rates and tight credit.
According to construction market research company Dodge...
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Don’t Let Risk Eat Up Your Restaurant or Bar Profits
March 27, 2024
People who work in food service often aspire to run a restaurant or bar of their own. Many restaurant owners started their career as an entry-level food service worker. It can be a very rewarding business, especially if you love preparing food and interacting with people.
Managing a restaurant or bar is hectic, though. You have...
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What is Product Liability Insurance?
March 23, 2024
Product liability is the legal liability a manufacturer or trader incurs for producing or selling a faulty product. The truth is, if you’re a part of the supply chain and an individual or group successfully proves they were injured by a product you sold or distributed, you are potentially legally liable. And that could cost...