article thumbnail

2021 Restaurant Insurance Outlook

Modern Restaurant Management

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.

Insurance 209
article thumbnail

Staying on Top of FDD Requirements for Risk and Insurance

Modern Restaurant Management

It’s hard to escape the continuing boom in restaurant franchises. Quick-serve brands are leading the trend, and not just for restaurants, but for franchises overall. What may be overlooked within it are risk and insurance issues. Risk and insurance should be top on the list. And there’s a lot of value to that.

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 177
article thumbnail

What Your Restaurant Needs in its Sexual Harassment Policy

Modern Restaurant Management

As many as 90% of women and 70% of men working in restaurants reportedly experience some form of sexual harassment, according to the Harvard Business Review. Has a recent state law change made sexual harassment training mandatory, but you don’t know where to begin? What if an incident occurs outside of the restaurant/bar/brewery?

article thumbnail

Health Insurance Requirements for Small and Medium Businesses

Hot Schedules

Health Insurance Requirements for Small & Medium Businesses. H ealth insurance is one of the most important benefits an employer can offer, regardless of size. According to the Kaiser Family Foundation , only 30 percent of US businesses with fewer than 50 employees provide health insurance to their workers. In short, no.

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

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. Understand Your State’s Dram Laws Laws regarding the sale and consumption of alcohol are not established by the federal government.

Bar 178