Imagine this: You own a deli shop and operate that business in a commercial space that you rent. Your income is derived entirely from meat and other food sales. One day, a tornado blows through town, damaging your shop severely. The building is now unusable, the refrigerators are gone, the..
For starters, most general liability insurance policies have a pollution exclusion built into the coverage form, and often additional exclusionary wording regarding mold and fungi. These exclusions are meant to exclude coverage for bodily injury or property damage arising out of the discharge,..
Almost all businesses enter into numerous contractual agreements each year. These agreements are often given the same cursory review as an iTunes Agreement. Failure to closely scrutinize the details of these agreements can adversely impact the business’s total cost of risk in the event of a..
Dissecting the recently passed 400+ page tax overhaul can be daunting, but there is one change that should have all homeowners taking a second look at their current insurance program.
Property managers fill a variety of roles while overseeing the performance of their residential or commercial properties. Coordinating maintenance issues, finding high quality tenants to fill vacancies, and collecting rents are only a few examples of the responsibilities that fall to the..
The holiday season is officially upon us, and for many, this means that festive parties are right around the corner. As Wisconsinites, we’ve grown accustomed to enjoying an Old Fashioned, Hot Toddy, or Tom and Jerry to warm us up during these cold weather revelries. Unfortunately, there is..
Beware of the qualified opinion letter! With accounting revenue recognition standards changing for work under contract, consider your credit relationships when you decide whether or not to change your accounting method to Generally Accepted Accounting Principles (GAAP).
At first glance, a commercial property policy seems straightforward. It lists the property covered, what causes of loss are covered, and how much it’s covered for. But did you know that there are many ways a property policy’s coverage can be restricted? If an insured is not fully aware of the..
Commercial insurance policies can be very complex and often times have hundreds of pages. Sometimes there are things in the back of the policy that maybe aren’t so favorable. They might even have a positive connotation, but if read in detail are actually the opposite.