Understanding a franchise’s insurance requirements will help you make more informed decisions and ensure your investment is properly covered. Thanks to the regulation of the Federal Trade Commission, potential franchisees have a wealth of information at their disposal about a franchisor to help them make more educated decisions about their investments.

The role of surplus lines in the insurance world is often a misunderstood concept. The risks and benefits associated with this alternative form of coverage can seem confusing on the surface. Surplus lines insurance fills an important need in the marketplace, so it is critical to have a basic understanding of their use.

Many think of data breaches as being a problem of large companies, but the fact of the matter is one in three documented data breaches happen in companies with less than 100 employees. Of those data breaches affecting small businesses, 60 percent close as a result within six months following the breach. If your business […]

Safeguarding your investment and fulfilling your contractual obligations with all vested parties, such as a franchisor or a lender, begins with obtaining proper insurance coverage. However, insurance terms can be confusing, especially when many of the terms sound similar.  A prime example of this is Named Insured, Additional Insured and Additional Named Insured. While they […]