article thumbnail

Keeping a Safe Bar Environment on Busy Holidays

Modern Restaurant Management

Though businesses in the hospitality industry provide a fun and relaxed atmosphere for clientele to briefly escape their everyday routines, it’s also their responsibility to keep their patrons safe. Even if your bar is not liable in these complicated situations, your legal defense costs can add up quickly.

Bar 168
article thumbnail

Hospitality Insurance Group Launches ‘Pay as You Pour’ Program

Hospitality Insurance Group

Hospitality Insurance Group is launching a new program that will give bars, restaurants, and any other eligible liquor liability policyholders more flexibility in how they pay their insurance premiums. said Sandra Haley, Senior Vice President of Underwriting and Marketing at Hospitality Insurance Group.

Insurance 114
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Importance of Staying Up-to-Date on Liquor Laws and Insurance Coverage 

Modern Restaurant Management

The climate of the hospitality industry is forever changing. Based on completely unpredictable occurrences such as the COVID pandemic and societal realities such as violence at bars and restaurants, hospitality establishment owners have a lot to consider when it comes to their coverage.

Insurance 163
article thumbnail

Lessons from the Pandemic and the Road Forward for Hospitality

Modern Restaurant Management

At this time last year, restaurants and bars across the country went from being houses of entertainment and joy to being forced to close as part of wide-spread mandated shutdowns to stop the spread of an uncontrollable and unknown pandemic. Shock, uncertainty, and confusion took hold of our lives and businesses. The Biggest Challenges.

article thumbnail

Non-Admitted vs. Admitted Insurance for Restaurants, Bars or Taverns

Modern Restaurant Management

It is important for restaurant, tavern and bar owners to have the right insurance, however, there are so many different types of policies, and even when you zero in on what is needed, the options are often complex and difficult to compare. You are in the hospitality business. Non-Admitted Insurance. Admitted Insurance.

article thumbnail

Despite Improved 2024 Outlook, Labor, and Other Risks May Drag Restaurants Down

Modern Restaurant Management

Another growing risk: nuclear verdicts over dram shop law violations, driving up the costs of liquor liability insurance. Quick service, fast casual and bars and taverns have exceeded where they were in February 2020. One of the impacts will be on employment practices liability insurance in 2024. Here’s an overview.

2024 114
article thumbnail

2023 Reflections: The Year That Was in Restaurants, Part Three

Modern Restaurant Management

From the seasoned craft beverage consumer to the newest consumers in the hospitality environment, the favorability toward “fresh,” “local,” and “locally sourced ingredients” is still a profit-driver you don’t want to give up. Why such a “hard” insurance market?

2023 120