With regard to their businesses, entrepreneurs and executives should think carefully about risks to people and property.  They should eliminate and avoid as many risks as possible and insure against the ones that remain.

This column will focus on property & casualty insurance and water damage.  Property – structures, equipment, resources, inventory – can be destroyed, damaged, or stolen.  People – employees, customers, guests – can be injured or die in accidents (i.e., casualties.)

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