Modern Restaurant Management
MAY 16, 2022
That’s up from $640 billion in 2020. With change in restaurant management so dynamic, industry experts say that now is a good time to review and even revamp restaurant insurance policies. “Along with making changes to their menu offerings and business models, many restaurateurs are also reassessing their insurance needs.”
Modern Restaurant Management
FEBRUARY 3, 2021
restaurant industry has a loaded plate as 2021 picks up steam – especially from an insurance and financial protection point of view. “The prospects for fine dining and sit-down restaurants are going to remain strained for all of 2021,” said Doug Groves, founder at Program Insurance Group, in College Station, Tex.
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Modern Restaurant Management
AUGUST 6, 2021
ahead of the February, 2020 pre-pandemic timeframe ($70.6 With restaurants clawing back and facing new challenges like vaccine credentials and new COVID variants, it’s a good time to check on an equally important, if less prioritized corner of the American dining and drinking sector – restaurant insurance. That’s 6.6%
Modern Restaurant Management
APRIL 21, 2020
In March 2020, restaurateurs across the country have had to shutter their businesses in some cases literally overnight. In addition, most restaurants should have business interruption insurance, and that insurance may provide some relief from economic pain. ” That’s just not true. ” That’s just not true.
Restaurant Engine
JULY 5, 2020
Most insurance companies have denied claims from restaurant owners resulting from the COVID-19 pandemic. Business owners counterclaim they are entitled to benefits in Business Interruption Insurance policies that protect against lost income after a covered peril affects a policyowner. A third victory arrived when the U.S.
Society Insurance
OCTOBER 26, 2022
Odds are you understand why your auto insurance premium changes: as you age and become a less risky driver, your insurer is exposed to less risk, and your rates drop as a result. Below, we’ll explore some common drivers of restaurant insurance costs. In 2020 alone, weather and climate-related disaster events across the U.S.
Modern Restaurant Management
AUGUST 31, 2020
The appellate court affirmed a trial court’s decision that the restaurant had failed to prove that it suffered a direct physical loss of or damage to its property during the policy period, and thus the insurance company did not have to provide coverage. USDA Previews 2020-2025 Dietary Guidelines : The U.S. Legislation.
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