business income coverage Archives

Jun 06

Preventing a Potential Coverage Gap When Relying on Another Entity

By Insurance Feed | Business, business income coverage, Central, Commercial, dependent business income, dependent properties, Insurance, loss of business income, Risk Management, supplier

The role of a risk manager within an organization has certainly changed over the years, taking on additional responsibilities as exposures continue to change. At its core, sound risk management consists of identifying the risk, analyzing and evaluating…

Nov 13

How to Manage Supply Chain Risks

By Insurance Feed | Business, business income coverage, Central, Commercial, dependent properties coverage, Financial, Insurance, lost income, Risk Management, supply chain risk

Many businesses rely on third parties for parts and supplies that go into their finished products; these third-party firms are part of the primary companies supply chain. This is especially true of manufacturers. Any disruption in a firm’s supply chain…

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Headquartered in Lynchburg, Virginia since 1964, The Mid-State Group delivers innovative growth, risk management, and cost containment strategies for thriving businesses, organizations, families and individuals. Our family-owned, independent umbrella of service companies includes Mid-State Insurance, Mid-State HR, Mid-State Safety, and Mid-State Wellness, and Mid-State Financial Services along with the educational Mid-State Academy.

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business income coverage

Preventing a Potential Coverage Gap When Relying on Another Entity

How to Manage Supply Chain Risks

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