Cannabis Bonds: Why They Are Required, Costs, and Where to Buy Them

by Bozzuto Group LLC | Feb 12, 2025 | Insurance

As the cannabis industry continues to grow, regulatory compliance remains a top priority for businesses operating in this space. One key requirement in many states and local jurisdictions is a cannabis surety bond, often referred to simply as a cannabis bond. These...

Understanding Risk Management and Key Insurance Coverages for Businesses

by Bozzuto Group LLC | Dec 23, 2024 | Insurance

In the world of business, managing risks is not just smart—it’s essential. Whether you’re running a startup or a large enterprise, protecting your business from unforeseen circumstances can make the difference between success and financial hardship. At Bozzuto Group,...

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...