Businesses considering merger and acquisition opportunities must practice due diligence to ensure potential business partners don't come with hidden risks. Bukaty Companies Property & Casualty knows asking the right questions is vital to identify and mitigate potential liabilities. Keep these business insurance considerations in mind when evaluating merger and acquisition (M&A) activities.  

Recent studies signal that nearly half of mid-market business owners do not feel prepared for the most pressing business risks. From technology disruptions to revolving regulatory updates, business owners must shield their operation from a barrage of risks. Ensure business insurance coverage, policies, safety standards and procedures are working together to provide comprehensive protection.

All employers must report serious workplace incidents that result in amputation, loss of an eye, inpatient hospitalization, or death to the Occupational Safety and Health Administration (OSHA). Other annual reporting requirements can apply in less serious incidents based on industry type and employee count.

The Department of Labor’s (DOL’s) Occupational Safety and Health Administration (OSHA) finalized a rule, updating the personal protective equipment (PPE) standard for construction. The new standard for construction explicitly states that PPE must fit properly, citing it as “a critical element of an effective occupational safety and health program.”

Commercial auto insurance is necessary for many businesses and employees using vehicles for business purposes. In general, commercial auto insurance is necessary for vehicles driven for professional or business purposes other than simply commuting to and from work. Commercial policies are like personal policies, but often come with higher coverage limits to account for increased liability. Certain business uses or vehicle types are excluded from personal policies, so ensuring the right coverage is in place is essential to protecting financial security.  

Cyber criminals target businesses of all sizes and industries across the globe, leaving catastrophic aftereffects in the wake of their attacks. Businesses that fall victim to cybercrime are tasked with cleaning up the fallout and minimizing the consequences on business operations. Consider the impact cybercrime could have on your business, and protect yourself with the right cyber insurance.