Businesses Struggle with Risk Protection Gaps

Posted on: March 17th, 2025 by Leaders' Choice Staff No Comments

Nearly half of middle-market businesses feel unprepared for key threats despite implementing various risk management strategies, according to Nationwide Insurance’s latest “Agency Forward” survey. The survey found that while 90% of businesses have formal risk management policies that are reviewed regularly, 21% lack a business continuity plan, leaving them exposed to potential disruptions that could […]

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Property Insurance Won’t Cover Mudslides, Landslides

Posted on: March 11th, 2025 by Leaders' Choice Staff No Comments

Businesses and homes located in areas that have been hit by wildfires have another risk they face after the fires subside: flooding, landslides, debris and mudflows. And these events are not covered by a standard business property or homeowner’s insurance policy. Areas affected by wildfires have a significantly increased risk of landslides, mudslides and mudflows […]

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Expect to See Surcharges on Your Policy for the L.A. Fires

Posted on: March 4th, 2025 by Leaders' Choice Staff No Comments

Even if you have a business or a home that was not affected by the recent wildfires in Los Angeles, you will likely see a surcharge to help pay for them on your next property insurance policy renewal. The state-run California FAIR Plan, which is the market of last resort when policyholders are unable to […]

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