Insights

New York auto dealers are required to meet updated bonding and licensing standards. Current regulations set New York auto dealer bond amount at $100,000, an increase from the previous $75,000 requirement. While this sounds significant, it doesn’t automatically mean your bond premium will rise. Premiums depend on factors like credit history, and applicants with strong credit typically pay between 1% and 3% of the bond amount.  How New York Auto Dealer Bond Work New York auto dealer surety b

Regulatory changes and exclusionary language in general liability or property policies means those who count on these policies to cover a cyber event may find themselves in for a costly surprise.

An obligor is the party legally bound to fulfill an obligation under a contract or agreement. In the context of surety bonds, the obligor is typically the principal — the individual or business that must comply with specific terms, such as adhering to state regulations or completing contractual duties. If the obligor fails to meet these obligations, the obligee (the entity requiring the bond) can file a claim, and the surety company will cover valid claims, with the obligor ultimately responsib

In today's environment of economic volatility, evolving global risks ranging from tariff disputes to unpredictable market dynamics pose significant threats to business continuity. Understanding what business interruption insurance is and securing robust business interruption insurance coverage has never been more critical. What Is Business Interruption Insurance? Business interruption insurance, also known as business income insurance or contingent business interruption coverage, helps replace

Despite the clear evidence of its dangers, drowsy driving receives far less attention than other impairments, such as alcohol or drug use.

Explore the reasons for lagging construction productivity and discover the importance of employment practices liability insurance.

Our Benefits Compliance team reviews requirements under the CAA 2021 and Transparency in Coverage Rule and shares steps fiduciaries should be taking to comply.

Written by Anne Praino, Account Manager, Corporate Benefits Ah, June — when the days get longer, the sun shines brighter and your neighbor’s tomatoes suddenly make you feel deeply inadequate about your gardening skills. But don’t worry, this month isn’t about competition. It’s about wellness, joy and dirt under your fingernails. Yes, we’re talking about gardening — nature’s original therapy session and gym membership all rolled into one. Gardening is a full-body, brain-boosting, soul-soothing w

Gaps in family caregiver leave offerings are negatively impacting businesses and employees. Forward-thinking employers are closing those gaps.