Commercial Insurance (also called Business Insurance) is a type of insurance policy designed to protect businesses, their owners, and their employees. It provides coverage for various risks associated with operating a business, including property damage, liability, and employee-related risks. Commercial insurance can encompass a wide range of policies tailored to meet the specific needs of different types of businesses. Some common types of commercial insurance include:

  1. Property Insurance: Covers damage to business property caused by events such as fire, theft, or natural disasters.
  2. Liability Insurance: Protects businesses against claims of injury or property damage caused by the business’s operations, products, or services. This can include general liability, professional liability, and product liability insurance.
  3. Workers’ Compensation Insurance: Provides benefits to employees who are injured or become ill as a result of their job. This can cover medical expenses, lost wages, and rehabilitation costs.
  4. Commercial Auto Insurance: Covers vehicles used for business purposes, providing protection against accidents, theft, and other vehicle-related incidents.
  5. Business Interruption Insurance: Compensates for lost income and operating expenses if a business is temporarily unable to operate due to a covered event, such as a natural disaster.
  6. Cyber Insurance: Protects against risks associated with cyber attacks and data breaches, including costs related to data recovery, legal fees, and notification expenses.
  7. Professional Liability Insurance: Also known as errors and omissions insurance, it protects professionals against claims of negligence or mistakes in their professional services.
  8. Directors and Officers (D&O) Insurance: Covers the personal liabilities of a company’s directors and officers arising from their decisions and actions taken in their official capacity.

Commercial insurance is essential for businesses to manage risks and ensure financial stability in the face of unforeseen events. The specific coverage and policies needed will vary depending on the size, industry, and specific risks associated with the business.

4o

Posts

5 Workplace Safety Trends to Watch in 2025

/0 Comments/in /by

While certain elements of occupational safety remain constant, others may change and evolve over time. As such, it’s essential for employers to stay on top of the latest workplace safety trends and adjust their risk management strategies accordingly. Several factors have been influencing the occupational safety landscape this year, including advances in technology, rising mental health concerns, ongoing remote work challenges, a growing connection between sustainability and safety, and shifting corporate culture expectations. This article provides more information on these trends and offers guidance to help employers properly navigate such developments.

Read more

5 Risks of Hiring an Uninsured Contractor

/0 Comments/in /by

Project owners and general contractors must thoroughly vet all contractors to ensure jobsite safety and protect against financial losses. A key part of this vetting process is confirming that contractors carry the appropriate insurance coverage. Hiring uninsured contractors can lead to serious consequences, including safety risks, legal liabilities and unexpected costs. Here are five major risks of hiring uninsured contractors that highlight why adequate insurance is essential.

Read more

Medicare Part D Notices Are Due Before Oct. 15, 2025

/0 Comments/in /by

Plan sponsors must provide the annual disclosure notice to Medicare-eligible individuals before Oct. 15, 2025—the start date of the annual enrollment period for Medicare Part D. This notice is important because Medicare beneficiaries who are not covered by creditable prescription drug coverage and do not enroll in Medicare Part D when first eligible will likely pay higher premiums if they enroll at a later date.

Read more

OSHA’s Safe and Sound Week Runs From August 11-17, 2025

/0 Comments/in /by

More than 5,000 workers are killed on the job each year, and more than 3.6 million employees are seriously injured each year while at work. Because of this, OSHA holds a nationwide event each August called Safe and Sound Week, which promotes the importance of companies incorporating safety and health programs into their workplaces. This year, the event runs August 11-17, 2025.

Read more

Business Spotlight: Hudson Family Dental Providing Modern Dentistry in the Heart of Hudson

/0 Comments/in /by

Hudson Family Dental has been providing modern, compassionate dentistry in Hudson, MA since 1988. With cutting-edge technology and a team dedicated to personalized care, they’ve earned the trust of local families for generations. Learn how this Main Street practice blends innovation with community values—and why Murphy Insurance is proud to call them a client.

Read more

Employee Benefits SAR Is Due by September 30 for Calendar Year Plans

/0 Comments/in /by

Many employers that must file Form 5500 on behalf of their employee benefit plans must also provide plan participants with a summary annual report (SAR). The SAR is a summary of the information included in the Form 5500. Employers with plans that operate on a calendar year basis must provide the SAR by Sept. 30

Read more

Supreme Court Upholds ACA’s Preventive Care Mandate

/0 Comments/in /by

On June 27, 2025, the U.S. Supreme Court upheld a key component of the Affordable Care Act’s (ACA) preventive care mandate. Due to the Court’s ruling, the ACA’s preventive care mandate remains in full effect and health plans and issuers are required to continue covering the entire range of recommended preventive care services without cost sharing.

Read more

Business Spotlight: Rail Trail Flatbread Company & New City Microcreamery

/0 Comments/in /by

Our Business Spotlight shines on Rail Trail Flatbread Co., an upscale pizza place and the owners of New City Microcreamery and Less Than Greater Than speakeasy, a local business helping revitalize downtown Hudson and beyond. From wood-fired flatbreads to liquid nitrogen-crafted ice cream, this creative group has grown into a thriving family of restaurants and bars, each backed by the trusted protection of Murphy Insurance.

Read more

The Value of Commercial Umbrella Insurance

/0 Comments/in /by

In today’s increasingly litigious environment, lawsuits stemming from liability incidents have surged in frequency and severity, leaving many organizations with substantial losses. Fortunately, that’s where commercial umbrella insurance can help.

Read more

Start the Year Right: 10 Business Insurance Tips

/0 Comments/in /by

The beginning of a new year is the perfect opportunity to reassess your business insurance policies. Here are 10 practical tips to optimize your business insurance and start the year on the right foot.

Read more

Portfolio Items