Understand Business Owner Policies (BOP)
It is actually easy to understand business owners policies (BOP). Compare them to personal homeowners insurance policies. A home policy covers property, buildings, and liability. It actually packages different types of coverage into one policy, and only one premium must be paid every month.
You can tailor a BOP to your own [...]

Can Anybody Collect From Madoff’s Professional Liability Insurance?
I assume that Bernard Madoff must have had some sort of profesional liability insurance, like E&O (Errors and Ommissions) or D&O (Directors and Officers). Some of his financial victims may be able to claim a share of the proceeds in a suit, though I cannot imagine that the [...]

If you are starting a small business, you have probably put some thought into business insurance to protect your assets. We found a good article on types of small business insurance that owners may consider. You will not find a one size fits all plan, but some policies are designed to simplify the process for [...]