Product recalls are high-stakes events that can threaten the foundation of a business. From foodborne illness outbreaks to allergen mislabeling, recalls in the import and export sectors are on the rise, with the FDA and USDA reporting significant recall events throughout 2024. For executives managing food distribution and handling, product recall insurance offers essential protection,…
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The risk of distracted driving, especially texting while driving, is growing, leading to higher accident rates and larger financial liabilities for drivers. Courts are awarding substantial settlements in distracted driving lawsuits, which can exceed the limits of traditional auto liability insurance. This is where umbrella insurance becomes essential for protecting your assets. But what is…
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As pet owners, we cherish our furry companions, but pets can sometimes cause accidents. Even well-behaved pets may create financial liability. Dog bites, property damage, or other accidents involving pets can lead to costly claims. Umbrella insurance offers an additional layer of protection beyond your standard homeowners or renters insurance. This protection is crucial in…
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As restaurants and food businesses increasingly rely on digital tools for operations, the rise of cyber threats has become a growing concern. October marks Cybersecurity Awareness Month, a critical time for food industry professionals to evaluate their cybersecurity measures and take steps to safeguard against the growing landscape of cybercrime. With cybercrime expected to cost…
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Accidents happen, often when we least expect them. Whether it’s a slip-and-fall on your property or accidentally damaging someone else’s belongings, the costs associated with liability claims can quickly add up. This is where bodily injury liability and property damage liability become essential protections under your homeowners or renters insurance. However, for more significant claims,…
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As the hurricane season approaches, executives in the food importing and exporting business must prioritize hurricane season preparedness. Ensuring your warehouse is disaster-proof is not only vital for protecting your assets but also for maintaining business continuity. This article covers essential updates and strategies to prepare your warehouse for the upcoming hurricane season. Warehouse Hurricane…
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In the competitive world of food importing and exporting, managing legal risks is crucial for maintaining business continuity and financial stability. One emerging solution that is transforming the landscape of liability insurance is litigation funding. This innovative approach provides businesses with the financial support needed to handle legal disputes without straining their resources. In this…
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The FBI has recently issued a crucial advisory for businesses in the food sector, emphasizing the need for robust cybersecurity frameworks, regular security audits, and ongoing employee training to recognize phishing attempts and other common cyber threats. As food industry professionals, it is imperative to understand these recommendations and implement effective cybersecurity measures to safeguard…
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In the digital age, the food industry, like many others, has embraced technology for efficiency and growth. However, this digital transformation also brings significant cyber risks, including data breaches and system hacks. Recent statistics indicate that cyberattacks in the food and beverage sector have been increasing, with incidents like ransomware attacks rising by over 50%…
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Why It’s Critical to Protect You and Your Business In the bustling business environment of New York, staying ahead of risks and challenges is essential for maintaining a successful enterprise. One significant risk area that often requires more attention is employment practices. Employment Practices Liability Insurance (EPLI) offers crucial protection against various employee-related claims, ensuring…
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Coughlin Insurance Services, Inc.
178 Myrtle Boulevard, Floor 2, Larchmont, NY 10538
Toll Free : (800) 542-0661
Tel: (914) 834-1234 Tel: (212) 593-0200
