Professional liability is negligence by a health care provider resulting from a failure to use due care or where the standard of care falls below what is expected from a person in a particular profession. A medical professional liability insurance policy covers bodily injury or property damage as well as liability for personal injury such […]
March 1, 2016
Many business owners ask, “What drives the Workers’ Compensation machine and why are our costs so high?” We address some issues below that start to scratch the surface. There were nearly 3 million nonfatal workplace injuries and illnesses reported by private industry employers in 2014 according to the Bureau of Labor Statistics. The highest incident […]
February 23, 2016
According to the Association of International Safe Travel over 37,000 people in the United States die in road crashes each year and over 25% of those casualties are involved with drivers age 16-20. Road crashes cost the U.S. $230.6 billion per year, or an average of $820 per person. The rise of your auto insurance […]
February 19, 2016
Do you know the definition of Cyber Liability Insurance? What business types need Cyber Liability Insurance? What are the causes of cyber exposure? Why does my business need Cyber Liability Insurance? What is the financial risk due to cyber exposures? The cold hard fact is that Cyber Liability can affect almost any business. Take our […]
February 11, 2016
What is Inland Marine Insurance? As a business owner, it could be you’ve never heard of Inland Marine insurance, or maybe you’ve dismissed it because of the name. Well, you might want to think again. Inland Marine Insurance was first created to cover the transport of goods over water, but the definition of the term […]
January 18, 2016
With the winter months upon us and the inevitability of El Nino, businesses across the nation should have their Emergency Response Plans in place. One important component of a company’s plan will be the decision to “Seek Shelter” or “Stay in Place”. Here is a check-list of things to consider: What is the type of […]
January 13, 2016
According to a recent Wells Fargo study of 100 U.S. middle market companies and large corporations, 85% of respondents carry cyber and data privacy policies and nearly half (44%) have already filed a claim as a result of a breach. As more businesses are recognizing the need for cyber insurance, the deterring factor of cost […]
January 5, 2016
The New Year is a time of reflection and looking forward setting goals on how to improve. In that spirit, we take a look at ourselves at The Armstrong Company Insurance Consultants. Reflection For more than 40 years, The Armstrong Company Insurance Consultants has been servicing customers and building long lasting relationships with them, carriers […]
December 31, 2015
Armstrong Company clients receive customized coverage options that have been created specifically for their business. We recognize that every organization has a different risk profile, specific appetite for risk retention and a unique set of factors that will determine the type of Risk Management program that is best suited for them. Our service includes year […]
December 22, 2015
It’s already December and we have begun to see winter weather conditions in various parts of the country. With the ensuing El Nino pattern threatening throughout the winter season, it is not too early to start thinking of winterizing your business. Below are some survival tips to help limit your exposure and mitigate the losses […]
December 8, 2015