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global

Jul 13

Contractors caught in post-COVID volatility

By agent, business, buyout, commercial, construction, Contractor, cost, COVID-19, economic, economy, force majeure, freight, global, home, homeowner, independent, Insurance, interwoven, lumber, materials, Pandemic, predictable, price, project, quality, risk, safety, shipping, unforseeable, volatile
Whether you are a homeowner building a deck or a commercial contractor building multimillion-dollar projects, the soaring costs of construction materials is not new news. Even as lumber prices begin to retreat, what might be surprising is the length of time it might take for prices to stabilize overall or at least become more predictable. The post Contractors caught in post-COVID volatility appeared first on The Cincinnati Insurance Companies blog.
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Nov 05

Conducting effective vendor risk assessments

By agency, agent, annual, assessment, bankruptcy, bi-annual, breach, business, Business Insurance, complaint, compliance, Consumer Tips, customer, data, fines, global, identify, independent, Insurance, layoff, monitor, non-profit, organization, penalties, privacy, quarterly, risk, security, semi-annual, small, time, vendor, violation
Nearly all organizations need to work with vendors or third-party suppliers. Whether you’re a global organization, a non-profit institution, an agency or a small business, your organization has the potential to face severe fines and penalties for failing to understand and comply with applicable regulations. The post Conducting effective vendor risk assessments appeared first on The Cincinnati Insurance Companies blog.
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