Understanding Side C of Directors and Officers Insurance: Essential Protection for Cannabis, Hemp, and Natural Product Companies

by Stephanie Bozzuto | Nov 24, 2024 | Insurance

Directors and Officers (D&O) insurance is a critical component of risk management for businesses, particularly for those operating in the cannabis, hemp, and natural product industries. While most business owners are familiar with Side A and Side B coverage, the...

Unveiling Side B of Directors and Officers Insurance

by Stephanie Bozzuto | Nov 24, 2024 | Insurance

Crucial Protection for Businesses in the realm of business risk management, Directors and Officers (D&O) insurance stands tall as a shield against potential liabilities. While Side A coverage typically garners the spotlight, Side B of D&O insurance plays an...

The Critical Role of Equipment Breakdown Coverage in Property Insurance

by Stephanie Bozzuto | Nov 24, 2024 | Insurance

Equipment breakdown coverage is a vital component of property insurance policies, yet it is often overlooked or undervalued by businesses. In this blog, I will explore the importance of equipment breakdown coverage for businesses, highlighting its role in mitigating...

Directors and Officers Insurance Side, A, B, and C Explained

by Stephanie Bozzuto | Nov 24, 2024 | Insurance

Directors and Officers (D&O) insurance provides financial protection for directors and officers of a company, as well as the organization itself, in the event they are sued for alleged wrongful acts while performing their duties. These policies typically cover...

Directors & Officers Insurance, What is it and Why businesses Need it.

by Stephanie Bozzuto | Nov 24, 2024 | Insurance

Directors and officers insurance is designed to provide financial protection for company executives and board members from legal action taken against them in their professional capacity. In the cannabis and Life Science industries, we have seen a high turnover in...