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Address: 6825 Clayton Avenue St. Louis, MO 63139
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Phone: (314) 725-1414
Due to the industry’s novelty, cannabis companies face unique challenges that are constantly evolving and often overlooked. Cannabis testing labs, a crucial part of the production process, face numerous risks, many of which are not well-known to typical business owners. Cannabis testing labs face risks like shifting regulations as well as the potential contamination of […]
Nuclear verdicts sound like something out of a movie, but for construction businesses, they are very real and very dangerous. They can shut down projects, drain years of profits, and even force a company to close its doors for good. One accident can turn into a courtroom battle where a jury decides a company should […]
Excavation contractors face risks daily, from safety and compliance issues to equipment breakdowns. These risks leave contractors exposed to many types of liability, which often result in large settlements that bankrupt companies. Instead of filing claims after it is too late, it’s important to address exposure proactively through risk management. Excavation Risks If the construction […]
AI is reshaping how businesses operate, but without an effective AI risk management plan, it can lead to an expensive mistake. Somewhere in your company, someone is using AI to get work done faster. Maybe it’s a report, research, presentation, or a client-facing document, but what happens when the document is entirely fabricated? In some […]
POWERS® Insurance & Risk Management has been recognized as the 2026 Agency of the Year by PropertyCasualty360 on Wednesday, June 24. The awards program spotlights top professionals and organizations from across the country that are helping modernize and humanize the insurance industry. This award reflects POWERS® Insurance’s core values of innovation, humility, connection, integrity, and […]
As the cannabis industry evolves with a changing legal and social scape, the insurance coverage needs for cannabis businesses change along with it. Directors and Officers Insurance is integral to covering cannabis businesses. Cannabis business owners need Directors and Officers Insurance to protect their company’s board members and executives. Overview: Directors and Officers Insurance Directors […]
When an accident happens, in your personal life or with your business, many people look to insurance to cover the costs. Before you pick up a phone and call your carrier, it’s important to understand how filing a claim can affect your premium and the policy itself. What Happens When You File a Claim Filing […]
Why Fortune 500s and safety-focused businesses use captive insurance for smarter, more predictable coverage. As a business owner, you’ve likely faced the same frustrating cycle year after year. Your insurance renewal arrives, premiums have increased again, and you’re left with little choice but to pay. You’ve spent countless hours on safety training, risk management, and […]
Smart technology is revolutionizing construction safety and lowering insurance costs, but it’s not always easy to see how. Imagine a construction site where accidents are virtually non-existent, where workers are constantly aware of their surroundings, and potential hazards are identified and addressed in real-time. Ensuring safety on construction sites is of incredible importance as it […]
Insuring company vehicles is a vital part of a comprehensive insurance policy for any business. But what happens when a company doesn’t own its cars and has its employees use personal or rented vehicles? In this common scenario, a Hired and Non-Owned Auto endorsement, also known as an HNOA can be an important addition to […]